The Wendy’s Company Reaffirms FY 2012, 2013 And Long Term EBITDA Outlook

The Wendy’s Company reaffirmed its outlook for fiscal 2012, including adjusted EBITDA of $335 million to $345 million, which it originally issued at its January 30, 2012, Investor Day. In fiscal 2013 and beyond, the Company is targeting an average annual Adjusted EBITDA growth rate in the high-single-digit to low-double-digit range. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report EBITDA of $339 million for fiscal 2012, EBITDA of $367 million for fiscal 2013, EBITDA of $387 million for fiscal 2014, EBITDA of $428 million for fiscal 2015 and EBITDA of $452 million for fiscal 2016.