The Wendy's Co
Company Profile
Business description
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.
Contact
One Dave Thomas Boulevard
DublinOH43017
USAT: +1 614 764-3100
Sector
Consumer Cyclical
Stock type
Cyclical
Industry
Restaurants
Fiscal Year End
31 December 2024
Employees
15,300
Morningstar Investment Ideas
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