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Companies / Restaurants / WEN

Wendy's

WEN · Restaurants sector group
Guidance from Wendy's’s last 8 earnings releases. Every value links to its sentence in the filing. See something wrong? Tell us.
Current guidance
5 items
Releases tracked
8
Latest release
Aug 7, 2026
Data checked
Aug 7, 2026
On this page:Latest changes·Current guidance·Your sector group·History

What changed in the Aug 7, 2026 release

Each item compared with the same item in the previous release (May 8, 2026). Values in quotation marks are the company’s words.

New — first stated in this releaseRaised / Lowered / Narrowed / Widened — changed from the prior releaseRevised — wording changed, direction not determinableChanged — value changed; the comparison couldn’t be parsed to a directionReiterated — restated unchangedNot restated — stated before, absent nowRaised and lowered describe the number, not whether the change is favorable.

No open guidance was changed or reiterated in this release.

Show 7 items not restated in this release
ChangeMetricPeriodPreviousNowSource
Not restatedAdjusted earnings per sharefor FY2026“$0.56 to $0.60”—Filing ↗
Not restatedAdjusted EBITDAfor FY2026“$460 to $480 million”—Filing ↗
Not restatedCapital expenditures and franchise development fund investmentsfor FY2026“$120 to $130 million”—Filing ↗
Not restatedFree cash flowfor FY2026“$190 to $205 million”—Filing ↗
Not restatedGlobal systemwide sales growthfor FY2026“Approximately Flat”—Filing ↗
Not restatedNew restaurant development agreementNo period stated“up to 1,000 restaurants across China”—Filing ↗
Not restatedRestaurants to build across ChinaNo period stated“up to 1,000”—Filing ↗

Current guidance

Guidance for periods that have not yet ended, at its most recent value, grouped by horizon.

Current fiscal year
MetricCurrent valuePeriodMeasureFirst statedTimes statedSource
Adjusted earnings per share“$0.56 to $0.60”for FY2026Company-definedFeb 13, 20262Filing ↗
Adjusted EBITDA“$460 to $480 million”for FY2026Company-definedFeb 13, 20262Filing ↗
Capital expenditures and franchise development fund investments“$120 to $130 million”for FY2026GAAP-tiedFeb 13, 20262Filing ↗
Free cash flow“$190 to $205 million”for FY2026Company-definedFeb 13, 20262Filing ↗
Global systemwide sales growth“Approximately Flat”for FY2026Company-definedFeb 13, 20262Filing ↗
Quarterly cash dividend“$0.14 per share”for FY2026Declared actionMay 8, 20261Filing ↗
No period stated
MetricCurrent valuePeriodMeasureFirst statedTimes statedSource
Quarterly cash dividend payment“$0.07 per share”—Declared actionAug 7, 20261Filing ↗
Regular quarterly cash dividend“$0.14 per share”—Declared actionFeb 13, 20256Filing ↗
Regular quarterly cash dividend“25 cents per share”—Declared actionOct 31, 20241Filing ↗
Target dividend payout ratio“50% to 60% of adjusted earnings”—Declared actionFeb 13, 20251Filing ↗
Updated annualized dividend rate“$0.28 per share”—Declared actionAug 7, 20261Filing ↗

How one item moved

Free cash flow, for FY2025 — every statement across the year, each linked to its filing.

Feb 13, 2025
New
“$275 to $285 million”
Filing ↗
May 2, 2025
Lowered
“$250 to $270 million (excluding expenditures related to the Company’s franchise development fund)”
Filing ↗
Aug 8, 2025
Lowered
“$160 to $175 million”
Filing ↗
Nov 5, 2025
Raised
“$195 to $210 million”
Filing ↗

How your Restaurants sector group guides

11 companies in Restaurants. What they guide on, and who reported this season.

Most-guided metric families
Unit openings
10
Buybacks
8
Revenue
7
Dividends
7
Capex
5
Comparable sales
4
Adjusted EBITDA
4
Same-store sales
3
This season’s releases
Darden RestaurantsSep 24, 20260 changes
Cracker BarrelSep 23, 20267 changes
Cava GroupAug 11, 20260 changes
Brinker InternationalAug 10, 20265 changes
Wendy'sAug 7, 20260 changes
Restaurant Brands InternationalAug 6, 20261 change
Dutch BrosAug 5, 20264 changes
Chipotle Mexican GrillJul 29, 20262 changes
Get this for your own peer set — Peer Guidance Briefing, $3,000.

Full history

Every metric, every release, eight quarters — the complete record as one table.

MetricFY2026FY2025FY2024No period
Adjusted earnings per share2 statements4 statements1 statement—
Adjusted EBITDA2 statements4 statements1 statement—
Capital expenditures—2 statements1 statement—
Capital expenditures and franchise development fund investments2 statements2 statements——
Cash flows from operations——1 statement—
The full record for Wendy's and its Restaurants peers, delivered as a Peer Guidance Briefing — PDF and Excel, every value linked to its filing.

Filings

The 8 earnings releases this page is built from.

FiledFiscal periodAccessionGuidance items
Aug 7, 2026FY2027 Q20001193125-26-3391322Open filing ↗
May 8, 2026FY2027 Q10001193125-26-2132709Open filing ↗
Feb 13, 2026FY2026 Q40001193125-26-0498166Open filing ↗
Nov 5, 2025FY2026 Q30001193125-25-2710147Open filing ↗
Aug 8, 2025FY2026 Q20001193125-25-1760178Open filing ↗
May 2, 2025FY2026 Q10001193125-25-1105866Open filing ↗
Feb 13, 2025FY2025 Q40001193125-25-02558010Open filing ↗
Oct 31, 2024FY2025 Q30001193125-24-2481457Open filing ↗
Values in quotation marks are the company’s words; the classification and filing links are HighGravityData’s. HighGravityData does not score or rank companies or give investment advice.
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