From Nasdaq: 2025-02-14 11:48:00

The Wendy’s Company reported strong Q4 fiscal 2024 results, with adjusted earnings of 25 cents per share beating estimates by 4.2% and revenues of $574.3 million surpassing expectations by 1.8%. Global same-restaurant sales grew, and the company is focusing on quality and innovation to drive future growth. WEN stock rose 3.8%. Wendy’s Q4 Earnings & Revenues exceeded expectations, with adjusted EPS of 25 cents and total revenues of $574.3 million. International same-restaurant sales increased by 4.9% and global comps rose by 4.3%. The company opened 113 new restaurants. System-Wide Sales Discussion showed a 5.4% increase globally, with U.S. and International segments up 4.5% and 11.3%, respectively. Wendy’s Operating Highlights included a 16.5% U.S. company-operated restaurant margin and an increase in net income and operating profit. The company declared a quarterly dividend of 25 cents per share. Sneak Peek at Wendy’s 2024 Results revealed total revenues of $2.25 billion, up 3%, with global same-restaurant sales up 1.5%. Adjusted EPS increased to $1.00. Wendy’s Balance Sheet showed $450.5 million in cash, $2.66 billion in long-term debt and a quarterly dividend of 25 cents per share. Wendy’s 2025 Outlook includes a 2-3% growth in system-wide sales, adjusted EBITDA of $550-$560 million, and adjusted EPS of 98 cents to $1.02. Free cash flow is expected to be $275-$285 million. Wendy’s Zacks Rank & Recent Retail-Wholesale Releases show a Zacks Rank #3 (Hold) and positive results from Restaurant Brands International, McDonald’s Corporation, and YUM! Brands, Inc. Wendy’s article on Zacks.com provides more details on the company’s strong Q4 earnings and growth outlook.



Read more at Nasdaq: Wendy’s Q4 Earnings & Revenues Top Estimates, Global Comps Up Y/Y