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Last €10.11 EUR
Change Today +0.119 / 1.19%
Volume 0.0
TQK On Other Exchanges
Symbol
Exchange
Frankfurt
As of 1:36 PM 06/30/15 All times are local (Market data is delayed by at least 15 minutes).

wendy's co/the (TQK) Snapshot

Open
€9.99
Previous Close
€9.99
Day High
€10.11
Day Low
€9.96
52 Week High
06/3/15 - €10.63
52 Week Low
08/7/14 - €5.92
Market Cap
3.7B
Average Volume 10 Days
294.0
EPS TTM
--
Shares Outstanding
363.2M
EX-Date
05/28/15
P/E TM
--
Dividend
€0.22
Dividend Yield
1.79%
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

The Wendy's Company Plans to Build 1,000 Stores

Wendy's announced to build 16 units in 2016, a small start on it's way to building 1,000 new stores in North America by the end of 2020. That's 1,000 new Wendy's stores in the U.S. and Canada, which are home to more than 90% of it's current stores. The company declined to say how many will go in either country.

The Wendy's Company Updates Earnings Guidance for the Full Year of 2015, 2016, 2017 and 2018

The Wendy's Company updated earnings guidance for the full year of 2015, 2016, 2017 and 2018. The company reaffirmed that its business trends remain on track to achieve the 2015 outlook issued in its first-quarter earnings release. The updates to the company’s 2015 outlook listed below reflect the impact of its recently completed refinancing, sale of its bakery operations and the newly authorized $1.4 billion share repurchase program. The company’s 2015 outlook includes the benefit of a 53rd operating week. The company expects that the impact of the Affordable Care Act will partly offset this benefit. The company now expects 2015 adjusted EBITDA of approximately $375 million to $385 million. This represents an increase of 5% to 8% compared to the company’s 2014 adjusted EBITDA results, excluding about $16 million of EBITDA attributable to the company’s bakery operations. The company now expects 2015 adjusted earnings per share of approximately $0.31 to $0.33. This represents an increase of 10% to 17% compared to the company’s 2014 adjusted eps results, excluding approximately $0.02 per share of earnings attributable to its bakery operations. Based on its results and current trends in the year to date, the company continues to expect: same-restaurant sales growth of 2.5% to 3.0% at company-operated restaurants; a reported tax rate of approximately 41% to 42%. The increase compared to the 2014 reported tax rate of 39.7% is primarily due to goodwill disposed of in connection with the sale of company-operated restaurants which is non-deductible for income tax purposes. The company now expects capital expenditures of approximately $240 million to $250 million, due primarily to the sale of the company’s bakery operations. The company continues to expect its total 2015 depreciation and amortization expense to approximate its 2014 levels, including the impact of accelerated depreciation in both years. For 2016, the company expects high single-digit adjusted earnings per share growth and adjusted earnings per share growth in the high teens in 2017. Due primarily to the expected benefit of the company’s share repurchase plans announced, the company now 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. Due primarily to the sale of its bakery operations, the company now expects capital expenditures of approximately $130 million to $140 million in 2016, followed by approximately $75 million to $85 million in 2017 and approximately $70 million in 2018. The company’s long-term outlook includes the expectation for average annual Systemwide same-restaurant sales growth of approximately 2.25% to 3.0% beginning in 2016.

Trian May Sell Stake In Wendy's

Stake in The Wendy's Company (NasdaqGS:WEN) may be sold. Trian Fund Management, L.P. (Trian Group) said that it planned to reduce its stake in hamburger chain Wendy's in between 17% - 19.7% in the "next few months" from 24.8%. As a part of the plan, Wendy's will buy back $211 million of its shares from Trian. Nelson Peltz said that Trian's decision to sell the shares is a result of some adjustments the hedge fund is making to its portfolio. Wendy's shares rose about 4%.

 

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Industry Analysis

TQK

Industry Average

Valuation TQK Industry Range
Price/Earnings 40.6x
Price/Sales 2.0x
Price/Book 2.4x
Price/Cash Flow 17.1x
TEV/Sales 1.2x
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