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Last €8.06 EUR
Change Today -0.013 / -0.16%
Volume 4.0
TQK On Other Exchanges
Symbol
Exchange
NASDAQ GS
Frankfurt
As of 3:44 PM 09/3/15 All times are local (Market data is delayed by at least 15 minutes).

wendy's co/the (TQK) Snapshot

Open
€7.99
Previous Close
€8.07
Day High
€8.21
Day Low
€7.77
52 Week High
06/3/15 - €10.63
52 Week Low
10/14/14 - €5.94
Market Cap
2.3B
Average Volume 10 Days
452.7
EPS TTM
--
Shares Outstanding
290.3M
EX-Date
08/28/15
P/E TM
--
Dividend
€0.22
Dividend Yield
2.38%
Current Stock Chart for WENDY'S CO/THE (TQK)

wendy's co/the (TQK) Details

The Wendy’s Company, through its subsidiaries, owns and franchises Wendy’s restaurant system. The company is involved in operating, developing, and franchising a system of quick-service restaurants. As of May 26, 2015, its restaurant system included approximately 6,500 franchised and company-operated restaurants worldwide. The company was formerly known as Wendy’s/Arby’s Group, Inc. and changed its name to The Wendy’s Company in July 2011. The Wendy’s Company was founded in 1969 and is headquartered in Dublin, Ohio.

31,200 Employees
Last Reported Date: 02/26/15
Founded in 1969

wendy's co/the (TQK) Top Compensated Officers

Chief Executive Officer, President, Director,...
Total Annual Compensation: $1.1M
Chief Financial Officer of International and ...
Total Annual Compensation: $643.8K
Chief Operating Officer and Executive Vice Pr...
Total Annual Compensation: $586.0K
Senior Vice President, General Counsel and Se...
Total Annual Compensation: $460.0K
Compensation as of Fiscal Year 2014.

wendy's co/the (TQK) Key Developments

Arby's Introduces Protein-Packed Sliders a Lineup of Five Mini Sandwiches Piled High

Arby's has introduced Sliders, a lineup of five mini sandwiches piled high with the same high-quality meats featured on regular Arby's® sandwiches. Arby's Sliders are available a la carte, allowing guests to mix-and-match a snack or build their own meal using the full Arby's menu. Arby's new Sliders include: Roast Beef 'n Cheese Slider: Thinly sliced roast beef with melted Swiss cheese on a soft slider roll. Crispy Chicken 'n Cheese Slider: A crispy chicken tender with melted Swiss cheese on a soft slider roll. Corned Beef 'n Cheese Slider: Sliced corned beef with melted Swiss cheese on a soft slider roll. Ham 'n Cheese Slider: Sliced ham with melted Swiss cheese on a soft slider roll. Jalapeno Roast Beef 'n Cheese Slider: Thinly sliced roast beef with melted Swiss cheese and diced, fire-roasted jalapenos on a soft slider roll.

The Wendy's Company Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 28, 2015; Revises Earnings Guidance for the Full Year of 2015; Reaffirms Earnings Guidance for the Full Year of 2016, 2017 and 2018; Announces Impairment Charges for the Second Quarter of 2015

The Wendy's Company reported unaudited consolidated earnings results for the second quarter and six months ended June 28, 2015. For the quarter, the company's revenues were $489,534,000 compared to $506,079,000 a year ago. The 3.3% decrease resulted primarily from the ownership of 141 fewer company-operated restaurants at the end of the 2015 second quarter compared to the beginning of the 2014 second quarter. Operating profit was $64,308,000 compared to $61,169,000 a year ago. The 5.1% increase resulted primarily from year-over year increases in gains on the sale of company-operated restaurants, in addition to a reduction in G&A expense, partly offset by impairment charges primarily related to the company's system optimization initiative. Income from continuing operations before income taxes was $40,084,000 compared to $48,942,000 a year ago. Income from continuing operations was $24,825,000 compared to $27,327,000 a year ago. Net income was $40,195,000 compared to $29,007,000 a year ago. Diluted income per share - continuing operations was $0.07 compared to $0.07 a year ago. Diluted income per share was $0.11 compared to $0.08 a year ago. Adjusted EBITDA from continuing operations was $104,286,000 compared to $99,102,000 a year ago, despite the ownership of 141 fewer company-operated restaurants at the end of the 2015 second quarter compared to the beginning of the 2014 second quarter. Adjusted income from continuing operations was $28,701,000 compared to $31,952,000 a year ago. Diluted adjusted earnings per share from continuing operations were $0.08 compared to $0.09 a year ago. For the six months, the company's revenues were $941,303,000 compared to $1,014,529,000 a year ago. Operating profit was $102,219,000 compared to $148,443,000 a year ago. Income from continuing operations before income taxes was $65,491,000 compared to $123,795,000 a year ago. Income from continuing operations was $42,975,000 compared to $72,336,000 a year ago. Net income was $67,702,000 compared to $75,310,000 a year ago. Diluted income per share - continuing operations was $0.12 compared to $0.19 a year ago. Diluted income per share was $0.18 compared to $0.20 a year ago. Adjusted EBITDA from continuing operations was $185,097,000 compared to $171,219,000 a year ago. Adjusted income from continuing operations was $51,069,000 compared to $49,481,000 a year ago. Diluted adjusted earnings per share from continuing operations were $0.14 compared to $0.13 a year ago. The company also announced impairment of long-lived assets was $10,018,000 for the second quarter of 2015 compared to $77,000 a year ago. The company provided earnings guidance for the year 2015. For the year, the company increased its outlook for 2015 adjusted EBITDA from continuing operations to $385 million to $390 million from its prior guidance of $375 million to $385 million. Adjusted EPS from continuing operations are still expected to be between $0.31 to $0.33. This includes the absorption of $0.02 to $0.03 per share of incremental negative impact, primarily from interest related to its debt refinancing and a higher tax rate, partly offset by the benefit of share repurchase efforts. It is adjusting its 2015 same-restaurant sales outlook at company-operated restaurants to 2% to 2.5%. The company expects its 2015 interest expense to be approximately $80 to $85 million, compared to $52 million in 2014. The increase is due to the company's recent debt refinancing. The company now expects a 2015 reported tax rate of approximately 38% to 40%, primarily due to the expected impact of its system optimization initiative. The company expects its 2015 adjusted tax rate to approximate its 2015 reported tax rate. Capital expenditures was approximately $240 million to $250 million in 2015. Total 2015 depreciation and amortization expense to approximate its 2014 levels, including the impact of accelerated depreciation in both years. The company reaffirmed its long-term outlook issued on June 3, 2015. The company expects high single-digit adjusted earnings per share growth in 2016 and adjusted earnings per share growth in the high teens in 2017. The company expects adjusted earnings per share growth of greater than 20% beginning in 2018. The company continues to expect flattish adjusted EBITDA in 2016, followed by low-single digit adjusted EBITDA growth in 2017 and high single-digit Adjusted EBITDA growth in 2018. The company continues to expect significantly lower annual capital expenditure requirements, beginning in 2016, primarily as a result of the company's system optimization initiative. The company expects capital expenditures of approximately $130 to $140 million in 2016, followed by approximately $75 to $85 million in 2017 and approximately $70 million in 2018. The company's long-term outlook includes the expectation for average annual same-restaurant sales growth of approximately 2.25% to 3.0% for the Wendy's system, beginning in 2016.

The Wendy's Company Declares Regular Quarterly Cash Dividend, Payable on September 15, 2015

The Wendy's Company announced the declaration of its regular quarterly cash dividend of $0.055 per share, payable on September 15, 2015, to shareholders of record as of September 1, 2015.

 

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Price/Earnings 36.4x
Price/Sales 1.7x
Price/Book 1.9x
Price/Cash Flow 10.5x
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