The Wendy'S Co Reaffirms FY 2013 EBITDA Guidance; Raises FY 2013 EPS Guidance

Wednesday, 8 May 2013 07:00am EDT 

The Wendy'S Co reiterated fiscal 2013 outlook for Adjusted EBITDA of $350 million to $360 million and Adjusted Earnings Per Share of $0.20 to $0.22. Estimated fiscal 2013 Adjusted Earnings Per Share excludes $20 to $25 million of anticipated pretax depreciation for existing assets that will be replaced as part of the Company's Image Activation initiative. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report EBITDA of $352 million and EPS of $0.19 for fiscal 2013. 

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21 Nov 2014