In early February, Dublin, Ohio-based Wendy’s Co. announced unaudited systemwide sales of $502-million for the fourth quarter that ended in late December 2014. This 15.3 percent decrease from the $592-million recorded at this time a year earlier resulted from the ownership of 412 fewer company-operated restaurants. Consolidated revenues for the year were $2.1-billion compared to $2.5-billion in 2013. This too is largely due to 470 fewer company-owned restaurants in 2014. During the fourth quarter, company-operated same restaurant sales were up by 1.9 percent and up by 2.3 percent for the year. In addition, Wendy’s Co. also reported that it will sell approximately 500 additional restaurants to franchisees and reduce ongoing company ownership to about five percent by mid-2016. At the end of 2014, the Wendy’s system included over 6500 franchise and company-owned quick serve hamburger restaurants worldwide.
CATEGORY: Quick Service
Chain Name: Wendy’s
Company Name: The Wendy’s Company
Street Address: One Dave Thomas Blvd., Dublin, Ohio 43017
Tel: 614/764-3100 & 888/624-8140 Fax:
Email: wendys.franchising@wendys.com Website: www.wendys.com
Menu Specialty: Fresh, high quality quick service hamburgers and sides
Introduced: Dave Thomas opened the first Wendy’s restaurant at 257 E. Broad St. in Columbus, Ohio in November 1969. The second opened in Columbus in November 1970 with a pick up window and separate grill.
No. of Locations: Over 6500 restaurants worldwide
Areas of Operation: Worldwide
Types of Location: Freestanding, Pads and non-traditional sites such as airports, highway travel plazas, college and university campuses, hospitals, office buildings, entertainment venues, military bases, etc.
BusinessType (corp., franchise, jv): Public company, franchised & corporate owned restaurants
Size Req’d:
Special Requirements (patio, drive-thru, etc):
Contact Name: Emil J. Brolick – President, CEO
Liliana M. Esposito – Chief Communications Officer
Craig S. Bahner – Chief Marketing Officer
Todd A. Penegor – Exec Vice President, CFO & International
Scott A. Kriss – Sen Vice President, Chief Accounting & Tax Officer
R. Scott Toop – Sen Vice President, General Counsel, Secretary
Darrell G. Van Ligten – President, International
Robert D. Wright – Exec Vice President, COO
Scott A. Weisberg – Chief People Officer
REAL ESTATE REPRESENTATIVES:
FRANCHISE REPRESENTATIVES:
PARENT COMPANY: The Wendy’s Company, Dublin, Ohio
Related Chains:
Last Report: Restaurant & QSR Expansion Report #129 Last Update:
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