THE WENDY'S COMPANY REPORTS SECOND QUARTER 2026 RESULTS
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New leadership shares initial assessment while formulating comprehensive turnaround plan Generated revenue of $571 million and global systemwide sales of approximately $3.4 billion Generated net income of $32.6 million and adjusted EBITDA of $124.1 million Company withdraws 2026 outlook and announces a reduction in its dividend to support the turnaround DUBLIN, Ohio , Aug. 7, 2026 /PRNewswire/ -- The Wendy's Company (Nasdaq: WEN ) today reported unaudited results for the second quarter ended June 28, 2026. Key highlights for the quarter ended June 28, 2026, compared to June 29, 2025: "Wendy's is an iconic brand with exceptional assets. Today we are clearly not performing at our potential. I returned to Wendy's because I believe we can fix our issues and I am excited to work with our team and our franchisees to drive a strong turnaround," said Bob Wright, President and Chief Executive Officer of The Wendy's Company. "Our traffic, our value proposition and franchisee economics are not meeting our expectations. We have already begun taking action across five areas that we've identified to drive the turnaround: rebuilding a quality menu at compelling value, marketing that drives demand, operational excellence, a digital experience that builds frequency, and restaurants as an engine for growth. We are updating our capital allocation to provide flexibility to support our...
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