W
Wendy's Company D
D
WEN
14.590
USD
-0.27
(-1.78%)
Market Closed
Volume
122,526
EPS
1
Div Yield
6.85
P/E
16
Market Cap
2,974,099,790
News
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8 months ago
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Title: Wendy's Company
Sector: Consumer Cyclical
Industry: Restaurants
The Wendy's Company is the second-largest burger quick-service restaurant, or QSR, chain in the United States by systemwide sales, with $12.3 billion in 2023, narrowly edging Burger King ($11.5 billion) and clocking in well behind wide-moat McDonald's ($53.1 billion). After divestitures of Tim Hortons (2006) and Arby's (2011), the firm manages just the burger banner, generating sales across a footprint that spanned almost 7,157 total stores in 30 countries as of year-end 2023. Wendy's generates revenue from the sale of hamburgers, chicken sandwiches, salads, and fries throughout its company-owned footprint, through franchise royalty and marketing fund payments remitted by its franchisees, which account for 94% of stores, and through franchise flipping and advisory fees.