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Wendy's10-K: Market expansion

Wendy's opened 268 new restaurants and closed 111 underperforming locations in 2025

Read at SEC EDGAR

What happened

The company is actively managing its restaurant portfolio, with 268 openings indicating capital expenditure on development and construction, while 111 closures suggest a focus on optimizing performance and potentially divesting real estate or re-evaluating operational technology.

Source

SEC EDGARFeb 23, 2026

Annual report (Form 10-K)

Wendy's 10-K for FY2025

Filing excerpt

During 2025, Wendy’s opened 268 new restaurants, of which 15 were Company-operated and 253 were franchisee-operated.

sec.gov/Archives/edgar/data/30697/000003069726000009/wen-20251228.htmRead the full source

Other signals in this filing (11)

Extracted by Autobound

From the Signal API record
Signal
10-K: Market expansion

What this signalsFilings often name leadership changes, deals and spending plans.

Period
FY2025
Fiscal year end
12/28
Filed
Feb 23, 2026

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The full record

From the Signal API record

Details

CIK
30697
Accession number
0000030697-26-000009
Timeframe
Current year
Filing year
2026
Why it matters
Scaling infrastructure needed

Extraction

Confidence
High
Relevance
70%
Sentiment
Neutral
Detected
Feb 24, 2026
signal_type
sec-10k
signal_subtype
marketExpansion

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The API returns more than this page shows

This page shows a preview. The full sec-10k record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
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Show the full JSONThe record on this page and the API request

GET /v1/signals/7082cf78-e567-41e1-bad4-75d331458029 returns this record as JSON. POST /v1/companies/enrich returns every signal for wendys.com.

{
  "signal_id": "7082cf78-e567-41e1-bad4-75d331458029",
  "signal_type": "sec-10k",
  "signal_subtype": "marketExpansion",
  "detected_at": "2026-02-24T09:55:25.556+00:00",
  "company": {
    "name": "Wendy's",
    "domain": "wendys.com"
  },
  "data": {
    "detail": "The company is actively managing its restaurant portfolio, with 268 openings indicating capital expenditure on development and construction, while 111 closures suggest a focus on optimizing performance and potentially divesting real estate or re-evaluating operational technology.",
    "metrics": {
      "timeframe": "current_year"
    },
    "summary": "Wendy's opened 268 new restaurants and closed 111 underperforming locations in 2025",
    "excerpts": "During 2025, Wendy’s opened 268 new restaurants, of which 15 were Company-operated and 253 were franchisee-operated.",
    "relevance": 0.7,
    "sentiment": "neutral",
    "confidence": "high",
    "source_url": "https://www.sec.gov/Archives/edgar/data/30697/000003069726000009/wen-20251228.htm",
    "filing_date": "2026-02-23",
    "filing_year": 2026,
    "fiscal_year_end": "12/28",
    "sales_relevance": "Scaling infrastructure needed",
    "signal_category": "market"
  }
}

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