Profile: Wendys Co (WEN.O)
25 Jun 2019
The Wendy's Company, incorporated on May 6, 1994, is the parent company of subsidiary holding company Wendy's Restaurants, LLC (Wendy's Restaurants). Wendy's Restaurants is the parent company of Wendy's International, LLC (Wendy's), which is the owner and franchisor of the Wendy's restaurant system in the United States. Wendy's is the restaurant company specializing in the hamburger sandwich segment. Wendy's is engaged in the business of operating, developing and franchising a system of restaurants serving food. The Company operates approximately 6,080 Wendy's restaurants in operation in North America, as of January 1, 2017. Of these restaurants, 330 were operated by the Company and 5,768 by a total of 376 franchisees, as of January 1, 2017. In addition, as of January 1, 2017, there were 439 franchised Wendy's restaurants in operation in 29 countries and territories other than North America.
Wendy's is also a partner in a restaurant real estate joint venture with a subsidiary of Restaurant Brands International Inc., a restaurant company that owns the Tim Hortons brand. The joint venture owns Wendy's/Tim Hortons combo units in Canada. The Company operates over 100 Wendy's restaurants owned by the joint venture. Each Wendy's restaurant offers a menu specializing in hamburger sandwiches and filet of chicken breast sandwiches, which are prepared to order with the customer's choice of condiments. Wendy's menu also includes chicken nuggets, chili, French fries, baked potatoes, freshly prepared salads, soft drinks, Frosty desserts and kids' meals. In addition, the restaurants sell a variety of promotional products on a limited time basis. Wendy's also offers breakfast in some restaurants in the United States.
1 Dave Thomas Blvd
DUBLIN OH 43017-5452