Browse the latest corporate news from Wendy's.
May 18, 2012 at 6:47AM PDT | Source: Wendy's
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May 18, 2012 // Franchising.com // The Wendy’s Company (NASDAQ: WEN) announced today that the Company plans to participate in the Morgan Stanley Retail Conference in Boston at the Boston Harbor Hotel on May 23. The Company will present at 8:00 a.m. ET.
Investors and interested parties may listen to a live webcast of this event by visiting the investor relations section of the Company’s website at www.aboutwendys.com.
About The Wendy’s Company
The Wendy's Company is the world's third-largest quick-service hamburger company. The Wendy's® system includes more than 6,500 franchise and Company restaurants in the United States and 27 countries and U.S. territories worldwide. For more information, visit aboutwendys...
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May 16, 2012 at 3:44AM PDT | Source: Wendy's
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The Wendy’s Company Announces Completion of New Senior Secured Credit Facility by Wendy’s International, Inc. and Completion of Tender Offer by Wendy’s Restaurants, LLC for its 10.00% Senior Notes Due 2016
May 16, 2012 // Franchising.com // Dublin, OH – The Wendy’s Company (the “Company”) announced today that Wendy’s International, Inc., its wholly-owned subsidiary (“Wendy’s International”), has completed a new senior secured credit facility, which includes a $200 million revolving credit facility and a $1,125 million term loan.
Proceeds from initial borrowings of $625.7 million under the new term loan were used to retire approximately $466.7 million of outstanding indebtedness under the existing senior secured credit facility of Wendy’s Restaurants, LLC, the Company’s wholly-owned subsidiary and Wendy’s International’s direct parent company (“Wendy’s Restaurants”), to purchase $124...
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May 09, 2012 at 4:04AM PDT | Source: Wendy's
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May 09, 2012 // Franchising.com // Dublin, Oh – The Wendy’s Company (the “Company”) announced today that Wendy’s Restaurants, LLC, its wholly-owned subsidiary (“Wendy’s Restaurants”), is waiving a condition to its previously announced tender offer to purchase for cash any and all of its outstanding 10.00% Senior Notes due 2016 (the “Notes”) (CUSIP No. 95058TAB3). In connection with the tender offer, Wendy’s Restaurants is soliciting consents (“Consents”) from holders of the Notes to certain proposed amendments to the indenture governing the Notes and the Notes (the “Proposed Amendments”). Wendy’s Restaurants is waiving the “Supplemental Indenture Condition” to the tender offer and consent solicitation (collectively, the “Offer”), which requires that (1) Consents by holders of a majority in aggregate principal amount of the outstanding Notes not owned by Wendy’s Restaurants or any of its affiliates (the “Required Consents”) be received and not validly revoked and (2) the supplemental indenture to amend and supplement the indenture governing the Notes to give effect to the Proposed Amendments be executed by Wendy’s Restaurants and U...
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May 03, 2012 at 4:22AM PDT | Source: Wendy's
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May 03, 2012 // Franchising.com // DUBLIN, OHIO – The Wendy’s Company (NASDAQ: WEN) announced the declaration of its regular quarterly cash dividend of $0.02 per share, payable on June 15, 2012 to stockholders of record as of June 1, 2012.
As of April 1, 2012, The Wendy’s Company had approximately 390 million shares of common stock outstanding.
About The Wendy’s Company
The Wendy’s Company is the world’s third largest quick-service hamburger company. The Wendy’s system includes more than 6,500 franchise and Company restaurants in the U.S. and 27 countries and U.S. territories worldwide. For more information: visit www.aboutwendys.com or www.wendys.com.
Notes:
There can be no assurance that any additional regular quarterly cash dividends will be declared or paid after the date hereof, or of the amount or timing of such dividends, if any...
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May 01, 2012 at 5:20AM PDT | Source: Wendy's
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For Its 10.00% Senior Notes Due 2016 and Amendments to Tender Offer
DUBLIN, Ohio--(BUSINESS WIRE)--The Wendy’s Company (the “Company”) announced today that Wendy’s Restaurants, LLC, its wholly-owned subsidiary (“Wendy’s Restaurants”), is amending the terms of its previously announced tender offer to purchase for cash any and all of its outstanding 10.00% Senior Notes due 2016 (the “Notes”) (CUSIP No. 95058TAB3). In connection with the tender offer, Wendy’s Restaurants is soliciting consents (“Consents”) from holders of the Notes to certain proposed amendments to the indenture governing the Notes and the Notes (the “Proposed Amendments”). Wendy’s Restaurants is now offering to pay the total consideration, including the early tender premium/consent payment, to holders who validly tender their Notes and deliver their Consents on or prior to the Expiration Date (as defined below)...
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April 30, 2012 at 5:54AM PDT | Source: Wendy's
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Wendy's Advertising Recipe Blends Needs of Today's Consumers With Founder Dave Thomas' Legacy
DUBLIN, Ohio, April 27, 2012 /PRNewswire/ -- Wendy's® new advertising campaign, which debuted this month, focuses on consumer food choices and the benefits of choosing "Wendy's Way" – high quality ingredients and fresh, individual preparation.
The campaign features two consumer champions:
A female consumer advocate who charmingly challenges food lovers' meal choices so they can discover a better option. In the new commercial for Wendy's Signature Sides starting Apr. 30th, she helps a consumer discover she can "do so much better" with her lunch by trying Wendy's new side items, which offer greater variety and high quality...
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April 23, 2012 at 11:39AM PDT | Source: Wendy's
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DUBLIN, Ohio, April 23, 2012 /PRNewswire/ -- Macaroni & Cheese made with white Vermont Cheddar cheese; freshly oven-baked, U.S. - grown sweet potatoes; and Chili Cheese Fries sprinkled with sea salt and topped with a sauce made with Cheddar cheese and real milk. Is your mouth watering yet? These comfort foods were not usually found among fast food fare — until now.
Wendy's® has redefined side item offerings with its three new Signature Sides, now available in Wendy's restaurants across the U.S.
"Consumers want new foods with exciting flavors and satisfying tastes," said Gerard Lewis, Wendy's SVP, product innovation. "Our new side items have high integrity ingredients like cavatappi spiral noodles, Cheddar cheese and freshly baked sweet potatoes with buttery cinnamon topping...
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April 18, 2012 at 5:23AM PDT | Source: Wendy's
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April 18, 2012 // Franchising.com // Dublin, Ohio – The Wendy’s Company (the “Company”) announced today that Wendy’s Restaurants, LLC, its wholly-owned subsidiary (“Wendy’s Restaurants”), has commenced a tender offer to purchase for cash any and all of its outstanding 10.00% Senior Notes due 2016 (the “Notes”) (CUSIP No. 95058TAB3). In connection with the tender offer, Wendy’s Restaurants is soliciting consents (“Consents”) from holders of the Notes to certain proposed amendments to the indenture governing the Notes and the Notes (the “Proposed Amendments”). The tender offer and consent solicitation (collectively, the “Offer”) are being made pursuant to an Offer to Purchase and Consent Solicitation Statement, dated April 17, 2012, and a related Letter of Transmittal and Consent...
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April 18, 2012 at 4:31AM PDT | Source: Wendy's
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April 18, 2012 // Franchising.com // DUBLIN, OH – The Wendy’s Company (NASDAQ: WEN) announced today that it will release first quarter 2012 financial results on Tuesday, May 8, 2012 before the market opens.
A conference call with slides will follow at 10:00 a.m. ET and will be webcast live from the company's corporate website, at www.aboutwendys.com.
Hosting the call will be Emil Brolick, President and Chief Executive Officer, Steve Hare, Chief Financial Officer, and John Barker, Chief Communications Officer.
The conference call can be accessed live over the phone by dialing (877) 572-6014 or for international callers by dialing (281) 913-8524. A replay will be available two hours after the call and can be accessed by dialing (855) 859-2056, or for international callers by dialing (404) 537-3406; the conference ID for the replay is 70265912...
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April 05, 2012 at 7:56AM PDT | Source: Wendy's
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April 05, 2012 // Franchising.com // TBILISI – The Wendy’s Company (NASDAQ: WEN) today announced an agreement with The Wissol Group to develop 25 restaurants in Georgia and the Republic of Azerbaijan over the next 10 years.
Wissol, which is one of the largest business groups in Georgia, is expected to open its first Wendy’s location in Tbilisi in 2013.
“Georgia is a dynamic market with long-term growth potential for the Wendy’s brand, and it plays an important role in our continued expansion in Eastern Europe,” said Darrell van Ligten, President, International, The Wendy’s Company. “We’re privileged to have the opportunity to team with a strong, highly capable organization like The Wissol Group, which shares our passion for quality and exceptional customer service...
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March 30, 2012 at 5:35AM PDT | Source: Wendy's
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March 30, 2012 // Franchising.com // DUBLIN, Ohio - The beef at Wendy’s restaurants is nothing but pure, 100% North American beef, always fresh and never frozen.*
“We’re extremely proud of Wendy’s beef standards – 100% pure beef from North American raised cattle… no additives… no fillers… no preservatives… no flavor boosters,” said Emil Brolick, Wendy’s President and Chief Executive Officer. “We’ve never used what some are calling ‘pink slime’, because it doesn’t meet our high quality standards.
“Our beef is fresh, never frozen, and delivered throughout the week to every restaurant. We think this is why our hamburgers taste better and are juicier...
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March 28, 2012 at 5:04AM PDT | Source: Wendy's
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Previously Helped Drive Growth of Retail Businesses for Procter & Gamble
DUBLIN, Ohio--(BUSINESS WIRE)--The Wendy’s Company (NASDAQ: WEN) today announced the appointment of Craig S. Bahner, 47, as Chief Marketing Officer and a member of its Executive Leadership Team, effective April 2. Bahner will report to Wendy’s President and Chief Executive Officer Emil Brolick.
“We are confident in our “A Cut Above”
Throughout a 20-year career at The Procter & Gamble Company, Bahner helped drive growth for some of the most important and competitive businesses in the portfolio of the global retail leader. Most recently, he served as Vice President, North America Retail Hair. In this capacity, he had full P&L responsibility for P&G’s $2...
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March 26, 2012 at 5:36AM PDT | Source: Wendy's
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March 26, 2012 // Franchising.com // Dublin, OH – Spicy chicken lovers, get ready to “rock the guac” with Wendy’s® new Spicy Chicken Guacamole Club! Wendy’s popular Spicy Chicken Sandwich adds even more flavors with a zesty ranch sauce and yes, guacamole, to create a big, bold tasty sandwich.
The Spicy Guacamole Chicken Club starts with Wendy’s original Spicy Chicken whole fillet that gets its kick from Wendy’s own special blend of seven spices, and brings extra heat with a slice of all-natural pepper jack cheese. To balance the heat, add a zesty ranch sauce and creamy, natural guacamole. And, what’s a club sandwich without bacon? Wendy’s thick-cut applewood smoked bacon, a full slice of tomato and crisp, hand-leafed lettuce, all on a buttered, toasted bun...
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March 26, 2012 at 4:48AM PDT | Source: Wendy's
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Dublin, OH (March 22, 2012) Wendy’s® Animal Welfare Council today announced two major improvements to its animal welfare standards to significantly improve the humane treatment of chickens and pigs.
“Wendy’s takes our role as a responsible corporate citizen very seriously, which includes the humane treatment of animals”, said Dennis Hecker, head of Wendy’s Animal Welfare Council and SVP of Quality Assurance. “For more than a decade, our council has set industry leading standards for animal welfare.”
Chicken
One of Wendy’s chicken suppliers, O.K. Foods, Inc. of Ft. Smith, AR, has installed an innovative system that significantly improves the welfare of chickens. Called LAPS, (low atmospheric pressure system), it produces permanent unconsciousness in the bird before any handling by plant workers...
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March 14, 2012 at 6:55AM PDT | Source: Wendy's
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Wendy's Kicks Off Its Application Phase for the 19th Annual High School Heisman Awards Honoring All-Star Scholar-Athletes
March 14, 2012 // Franchising.com // DUBLIN, Ohio -- Wendy's announced today they are accepting applications for the annual Wendy's High School Heisman Award, a program honoring outstanding high school student-athletes for their commitment to academic achievement, community service involvement, and athletic prowess.
More than just a shining star on a college resume, the Heisman mystique touches students at every level of the program. In addition to recognition at school and state levels, six female and six male national finalists will receive an all-expense paid trip to New York City to attend the Wendy's High School Heisman Awards Ceremony and college Heisman Memorial Trophy Award presentation with their families in December 2012...
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March 14, 2012 at 6:28AM PDT | Source: Wendy's
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March 14, 2012 // Franchising.com // DUBLIN, OH - Wendy’s is being honored with two industry awards for product innovation, with the national introduction of two new hamburgers: Dave’s Hot ‘N Juicy Cheeseburgers and The W.
COEX National Culinary/Operations Innovation Award
The team received the COEX National Culinary/Operations Innovation Award for the launch of Dave’s Hot ‘N Juicy Cheeseburgers. The award was presented by IFMA (International Foodservice Manufacturers Association) at a recent ceremony in Chicago. Gerard Lewis, SVP of Culinary Development, and Lori Estrada, SVP of Menu Innovation, accepted the award.
The COEX Innovation Awards recognize national and regional chains that are shaping the restaurant industry through innovation in two areas: Culinary/Operations and Marketing/Service...
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March 07, 2012 at 5:02AM PST | Source: Wendy's
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DUBLIN, Ohio--(BUSINESS WIRE)--The Wendy’s Company (NASDAQ: WEN) announced today that the Company plans to participate in three upcoming investor conferences.
The conference details are as follows:
The Bank of America/Merrill Lynch Consumer Conference at The Palace Hotel in New York City: The Company will present at 1:30 p.m. ET on March 7. Attending will be President and Chief Executive Officer Emil Brolick, along with Chief Financial Officer Steve Hare.
The ROTH Growth Stock Conference at The Ritz Carlton in Dana Point, Calif.: The Company will present at 10 a.m. PT on March 12. Attending will be Chief Financial Officer Steve Hare.
The UBS Global Consumer Conference at The Ritz Carlton in Boston: The Company will present at 1:30 p...
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March 01, 2012 at 7:04AM PST | Source: Wendy's
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Full-Year North America Company-Operated Same-Store Sales Increased 2.0% in 2011
Company’s U.S. Average Unit Volume for 2011 Reaches All-Time High of $1.46 Million
March 01, 2012 // Franchising.com // DUBLIN, Ohio – The Wendy’s Company (NASDAQ: WEN) today reported its audited results for the fourth quarter and full year ended Jan. 1, 2012 in its Form 10-K filing with the Securities and Exchange Commission. The Company had previously issued preliminary results for the 2011 fourth quarter and full year in conjunction with its Investor Day on Jan. 30, 2012. The audited results are the same as the preliminary results.
The Company’s comparative Consolidated Statements of Operations for the fourth quarter and full year and the Company’s comparative balance sheet data appear at the end of this news release...
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February 13, 2012 at 9:09AM PST | Source: Wendy's
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Provides Details Regarding Fourth-Quarter and Full-Year 2011 Earnings Release and Webcast
DUBLIN, Ohio--(BUSINESS WIRE)--The Wendy’s Company (NASDAQ: WEN) today announced the declaration of its regular quarterly cash dividend of $0.02 per share, payable on March 15, 2012 to stockholders of record as of March 1, 2012.
As of Jan. 1, 2012, the Company had approximately 390 million shares of common stock outstanding.
Company to Release Fourth-Quarter and Year-End Earnings on March 1
The Company will release its audited financial results for the fourth quarter and full year 2011, ended Jan. 1, 2012, before the market opens on Thursday, March 1, 2012. The Company previously reported its preliminary results on Jan...
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February 01, 2012 at 6:32AM PST | Source: Wendy's
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Creativity for Kids® Announces Wendy's Kids' Meal® Promotion.
CLEVELAND, Jan. 31, 2012 /PRNewswire/ -- Beginning on February 13 – March 18, 2012 every Wendy's Kids' Meal® will include a Creativity for Kids® activity kit created exclusively for Wendy's®. Five fun activities are offered: 3D Drawing Activity Book that comes complete with a set of 3D glasses and crayon, Monster Lab Modeling Dough Set, Character Creator Set, Perfect Tracer Set and Fantasy Frame Set. The activities will provide the opportunity for Wendy's® customers to spend time with their children but are also age-appropriate for a child to create on their own. The promotion coincides with Creativity for Kids® 2012 new products launch at the 109th annual American International Toy Fair® February 12-15 in New York City...
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Social Reach:
This web page does not constitute a franchise offering or an offer to sell a franchise. A franchise offering can be made by us only in a state if we are first registered, excluded, exempted or otherwise qualified to offer franchises in that state, and only if we provide you with an appropriate franchise disclosure document.
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Wendy's is a chain of restaurants founded by Dave Thomas based in Dublin, Ohio and owned by the American corporation Wendy's International, Inc. There are over 6,700 Wendy's restaurants worldwide.
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