Key Developments: Wendys Co (WEN.OQ)

WEN.OQ on NASDAQ Stock Exchange Global Select Market

8.15USD
29 Aug 2014
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Latest Key Developments (Source: Significant Developments)

Rollatainers Ltd enters into license agreement with Wendy’s Co
Wednesday, 27 Aug 2014 10:02am EDT 

Rollatainers Ltd:Entered into a license agreement through Sierra Nevada Restaurants Private Limited, a Company in which Rollatainers Limited is having 50 pct Equity Stake, with The Wendy’s Company to develop and operate the Wendy’s brand across India.Rollatainers and International Market Management Ltd ("IMM") each have a 50 pct equity interest in Sierra Nevada Restaurants Private Limited.  Full Article

The Wendy's Co reaffirms FY 2014 outlook; gives Q3, Q4 2014 outlook; gives FY 2015, 2016, 2017 EBITDA outlook
Thursday, 7 Aug 2014 07:03am EDT 

The Wendy's Co:Reaffirmed FY 2014 adjusted EBITDA and adjusted earnings per share outlook.Expects FY 2014 adjusted EBITDA of $390 -$400 mln.Expects FY 2014 adjusted earnings per share of $0.34 to $0.36.FY 2014 outlook includes assumptions of average same-restaurant sales growth of 2.5 to 3.5 pct at Company-operated restaurants.Expects Q3 2014 same-restaurant sales growth to be slightly less than the low end of FY 2014 outlook of 2.5 to 3.5 pct.Expects year-over-year Q3 2014 adjusted EBITDA to be about flat.Expects to generate a significant year-over-year increase in adjusted EBITDA in the Q4 2014.Expects FY 2015 adjusted EBITDA growth in the mid-to-high single-digit range.Expects FY 2015 mid-teens adjusted earnings per share growth.Expects FY 2016 adjusted EBITDA growth in high single-digit range.Expects FY 2017 adjusted EBITDA growth in low-double-digit range.Reported EBITDA of $98.74 mln in Q3 2013 and EBITDA of $89.01 mln in Q4 2014.FY 2014 EBITDA of $391 mln, EPS $0.35 - Thomson Reuters I/B/E/S.Q3 2014 EBITDA of $99.60 mln - Thomson Reuters I/B/E/S.Q4 2014 EBITDA of $102.24 mln - Thomson Reuters I/B/E/S.FY 2015 EBITDA of $266.19 mln - Thomson Reuters I/B/E/S.FY 2016 EBITDA of $284.62 mln - Thomson Reuters I/B/E/S.FY 2017 EBITDA of $484.00 mln - Thomson Reuters I/B/E/S.  Full Article

The Wendys Co 's board authorizes $100 mln share repurchase program
Thursday, 7 Aug 2014 07:00am EDT 

The Wendys Co:Board of Directors authorized new share repurchase program for up to $100 mln of common stock through end of 2015.Common stock repurchase program will allow company to make repurchases as market conditions warrant and to extent legally permissible.  Full Article

The Wendy's Co announces regular quarterly cash dividend of $0.05 Per Share
Thursday, 31 Jul 2014 04:01pm EDT 

The Wendy's Co:Declares regular quarterly cash dividend of $0.05 per share.Payable on Sept. 16, to shareholders of record as of Sept. 2.  Full Article

The Wendy's Co announces regular quarterly cash dividend
Thursday, 15 May 2014 04:15pm EDT 

The Wendy's Co:Announces declaration of its regular quarterly cash dividend of $0.05 per share.Payable on June 16, to shareholders of record as of June 2.  Full Article

The Wendy's Co reaffirms FY 2014 adjusted EBITDA and adjusted EPS outlook, Long-term Guidance
Thursday, 8 May 2014 07:02am EDT 

The Wendy's Co:Reaffirms FY 2014 adjusted EBITDA and adjusted EPS Outlook, Long-Term Guidance.Expects FY 2014 adjusted EBITDA of $390 - $400 mln.Expects FY 2014 adjusted earnings per share of $0.34 to $0.36.Reaffirms long-term outlook of high-single-digit to low-double-digit adjusted EBITDA growth, as well as mid-teens adjusted earnings per share growth.Says long-term outlook includes adjusted EBITDA growth in the high single digits from FY 2014 through FY 2016, and low double digits beginning in FY 2017.FY 2014 EBITDA of $391 mln, EPS of $0.35 - Thomson Reuters I/B/E/S.FY 2015 EBITDA of $413 mln- Thomson Reuters I/B/E/S.FY 2016 EBITDA of $440 mln - Thomson Reuters I/B/E/S.  Full Article

The Wendy's Co reiterates FY 2014 and long-term earnings outlook
Thursday, 27 Feb 2014 07:30am EST 

The Wendy's Co:Reiterates its outlook for fiscal 2014 adjusted EBITDA of $390 million to $400 million, despite the adverse impact from winter storms during the first quarter.Continues to expect fiscal 2014 adjusted earnings per share (EPS) of $0.34 to $0.36.Reaffirms its previous long-term outlook of high-single-digit to low-double-digit adjusted EBITDA growth, as well as mid-teens adjusted earnings per share growth.  Full Article

The Wendy'S Co announces regular quarterly cash dividend of $0.05 per share
Thursday, 20 Feb 2014 04:30pm EST 

The Wendy'S Co:Declares its regular quarterly cash dividend of $0.05 per share.Payable on Mar. 17, to shareholders of record as of Mar. 3.  Full Article

The Wendy'S Co completes sale of 70 dallas-fort worth restaurants
Monday, 17 Feb 2014 04:30pm EST 

The Wendy'S Co:Says the sale of 70 restaurants in the Dallas-Ft. Worth metroplex to Texas-based MUY Hamburger Partners, LLC, a Wendy's franchisee.Transaction is part of the company's System Optimization initiative, designed to promote new restaurant growth and reimaging, while generating a more predictable revenue stream for the company.Says it has completed the market-by-market sale of 314 restaurants so far, and expects to complete all of the sales by the end of the First Quarter 2014.Anticipates total proceeds from System Optimization of about $235 million, including $138 million in 2013.  Full Article

The Wendy'S Co gives FY 2014 earnings guidance above analysts' estimates; gives FY 2014 same-restaurant sales guidance - Conference Call
Monday, 13 Jan 2014 08:30am EST 

The Wendy'S Co:Says FY 2014 same-restaurant sales growth guidance of 2.5pct to 3.5pct.Says FY 2014 adjusted EBITDA to be a range of $390 million to $400 million.Says FY 2014 adjusted EPS at the $0.34 to $0.36 range.FY 2014 EPS of $0.30 and EBITDA of $383 million - Thomson Reuters I/B/E/S.  Full Article

Under pressure from restaurants, Canada farmers to give sows more space

WINNIPEG, Manitoba, March 6 - Canadian farmers this year will stop building barns that severely limit sow movement and plan to revamp older structures within 10 years after numerous restaurant chains said they would only buy pork produced under more humane conditions.

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