Wendy's CoWEN
What Wendy's Co does.
Wendy’s is primarily engaged in the business of operating, developing and franchising a system of distinctive quick-service restaurants serving high quality food. Wendy’s opened its first restaurant in Columbus, Ohio in 1969. Today, Wendy’s is the second largest quick-service restaurant company in the hamburger sandwich segment in the United States (the “U.S.”) based on traffic and dollar share, and the third largest globally with 7,397 restaurants in the U.S. and 38 foreign countries and U.S. territories as of December 28, 2025.
At December 28, 2025, there were 5,969 Wendy’s restaurants in operation in the U.S. Of these restaurants, 423 were operated by the Company and 5,546 were operated by a total of 203 franchisees. In addition, at December 28, 2025, there were 1,428 Wendy’s restaurants in operation in 38 foreign countries and U.S. territories. Of the international restaurants, 1,417 were operated by a total of 117 franchisees and 11 were operated by the Company in the United Kingdom (the “U.K.”).
The Company’s principal executive offices are located at One Dave Thomas Blvd., Dublin, Ohio 43017, and its telephone number is (614) 764-3100.
Revenue and profit, by fiscal year.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | $1.7B | $1.9B | $2.1B | $2.2B | $2.2B | $2.2B |
| Net income | $117.8M | $200.4M | $177.4M | $204.4M | $194.4M | $165.1M |
| Free cash flow | $215.4M | $267.8M | $174.4M | $260.4M | $260.9M | $242.6M |
More on WEN.
- Wendy's Co summary
- Wendy's Co financial statements
- Wendy's Co key metrics
- Wendy's Co health scores and style box
- Wendy's Co earnings
- Wendy's Co dividends
- Wendy's Co valuation
- Wendy's Co ownership and insiders
- Wendy's Co peers
Figures from Wendy's Co's filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.