Wendys (WEN) Stock News

Wendy's (NASDAQ: WEN) has appointed Pete Suerken as President, U.S., effective July 22, 2025. Suerken, who previously served as President and CEO of Wendy's Quality Supply Chain Co-op (QSCC) since 2021, will succeed Abigail Pringle, who is departing after serving as President, U.S. since 2024.

Suerken brings over two decades of experience in the food, beverage, and restaurant industries, with a proven track record in transforming operations and driving innovation. He will report to interim CEO Ken Cook and join the Senior Leadership Team. The leadership change comes as Wendy's focuses on enhancing customer experiences, increasing restaurant-level profitability, and accelerating growth in its U.S. business.

Wendy's (NASDAQ:WEN) has announced significant international expansion plans through two new franchise agreements that will bring 190 new restaurants to Italy and Armenia. The larger agreement with Your Food S.R.L will develop 170 restaurants across Italy through 2035, with the first two locations opening in Milan by mid-2026.

In Armenia, Wen Restaurant LLC will develop 20 new restaurants through 2030, with the first location planned for Yerevan's city center. These agreements support Wendy's strategic goal of achieving 2,000 international restaurants by 2028, with 70% of unit growth targeted outside the United States.

Wendy's (NASDAQ: WEN) has scheduled its second quarter 2025 earnings release for Friday, August 8, before market open. The company will host a conference call at 8:30 a.m. ET the same day to discuss the results.

Investors can access the conference call via telephone or through a simultaneous webcast on Wendy's Investor Relations website. Presentation materials will be available on the IR website, and a replay of the webcast will be accessible after the event.

Wendy's (NASDAQ: WEN) announced that CEO Kirk Tanner will depart on July 18, 2025, to become President and CEO of The Hershey Company. The company has appointed CFO Ken Cook as Interim CEO while conducting a comprehensive search for a permanent replacement.

Cook, who will retain his CFO position, brings significant experience from his 20-year tenure at UPS, where he previously served as CFO of the $60 billion U.S. Domestic segment. Additionally, the company announced board changes, with Bradley G. Peltz joining as director, replacing Matthew H. Peltz who resigned to focus on other commitments.

The company maintains its commitment to executing its strategic priorities, including delivering fresh food, enhancing customer experience, and accelerating global unit growth. Wendy's will release its Q2 2025 results on August 8, 2025.

Wendy's (WEN) announces a limited-time collaboration with Takis to launch the Takis Fuego Meal starting June 20 in the US and June 30 in Canada. The new offering features the Takis Fuego Chicken Sandwich, combining Wendy's Spicy Chicken filet with crushed Takis Fuego chips, Chili Lime Sauce, corn spread, and cheddar cheese sauce. The meal also includes new Fuego Fries, which are Wendy's Hot & Crispy Fries tossed in chili lime seasoning, served in a custom tear-away bag. A bag of Takis Fuego chips is included while supplies last. To promote the collaboration, Wendy's is launching an in-app game called Spice Invasion from June 20 to July 20, where US users can win prizes including a $10,000 grand prize.

Cheez-It and Wendy's (WEN) have announced a groundbreaking collaboration launching the first-ever Cheez-It x Wendy's Baconator crackers nationwide in July 2025. The limited-edition snack combines Cheez-It's signature 100% real cheese crunch with Wendy's Baconator flavors, featuring Applewood smoked bacon taste. Consumers can get early access through CheezIt.com with a special bundle including a Wendy's Frosty keychain tag. The product launch includes a promotional offer of $2 off a Baconator sandwich through the Wendy's app. This partnership represents a strategic move by both brands to create an innovative snack product that brings the popular Baconator burger experience to the cracker aisle.

Wendy's (WEN) reported mixed Q1 2025 results with global systemwide sales declining 1.1% to $3.4 billion. The company faced challenges in the US market, where systemwide sales decreased 2.6% and same-restaurant sales fell 2.8%. However, the International segment showed strength with 8.9% systemwide sales growth. Key financial metrics included: net income declining 6.7% to $39.2 million, adjusted EPS falling 13% to $0.20, and adjusted EBITDA decreasing 2.6% to $124.5 million. Despite headwinds, Wendy's achieved positive developments including adding 68 net new restaurants globally and increasing digital sales mix to a record 20.3%. The company returned $173.5 million to shareholders through dividends ($0.14/share) and share repurchases. For 2025, Wendy's updated guidance projects global systemwide sales between -2.0% to flat and adjusted EPS of $0.92-$0.98.

Wendy's (WEN) is launching innovative variations of its iconic Frosty dessert with two new product lines. Frosty Swirls, launching April 11 in the Wendy's app and nationwide April 15, feature three sauce options: Strawberry, Caramel, and Brownie Batter. Frosty Fusions, launching nationwide May 12, combine sauces with mix-ins including Pop-Tarts Crunchy Poppers and OREO cookie pieces.

The new lineup includes Pop-Tarts Strawberry Frosty Fusion, OREO Brownie Frosty Fusion, and Caramel Crunch Frosty Fusion. To support this launch, Wendy's has updated its restaurant equipment, introduced new domed-lid cups for fry dipping, and designed custom blue Frosty spoons.

Wendy's (WEN) has announced it will release its first quarter 2025 financial results before market opening on Friday, May 2, 2025. The company will hold a conference call and webcast at 8:30 a.m. ET on the same day to discuss the results.

The conference call will be accessible via phone for both domestic (844-200-6205) and international callers (929-526-1599) using event ID 683875. Presentation materials and webcast will be available on Wendy's Investor Relations website, with a replay option accessible after the event.