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. The Wendy’s Restaurant System The company is primarily engaged in the business of operating, developing and franchising a system of distinctive quick-service restaurants. As of December 29, 2013, there were 6,158 Wendy’s restaurants in operation in North America. Of these restaurants, 1,183 were operated by the company and 4,975 by a total of 424 franchisees. In addition, as of December 29, 2013, there were 399 franchised Wendy’s restaurants in operation in 27 countries and territories other than North America. The company is also a 50% partner in a Canadian restaurant real estate joint venture with Tim Hortons Inc., a quick-service restaurant chain. The joint venture owns Wendy’s/Tim Hortons combo units in Canada. As of December 29, 2013, there were 103 Wendy’s restaurants in operation that were owned by the joint venture. Wendy’s Restaurants of Canada Inc. (WROC), a 100% owned subsidiary of the company, holds master franchise rights for Canada. Trademarks and Service Marks The company or its subsidiaries have registered certain trademarks and service marks in the United States Patent and Trademark Office and in international jurisdictions, some of which include Wendy’s, Old Fashioned Hamburgers and Quality Is Our Recipe. Seasonality The company’s average restaurant sales are higher during the summer months than during the winter months. History The Wendy’s Company was founded in 1969. The company was formerly known as Wendy’s/Arby’s Group, Inc. and changed its name to The Wendy’s Company in 2011.
(TQK:German Stock Exchange)
One Dave Thomas Boulevard
Dublin, OH 43017
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