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Wendy's/Arby's Group (WEN)

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The Wendy’s Company News Releases

A Collection of The Wendy’s Company News Releases

The Wendy’s Company to Present at the Morgan Stanley Retail Conference
Friday May 18th 2012 09:00:00 AM

DUBLIN, Ohio--(BUSINESS WIRE)--May. 18, 2012-- The Wendy’s Company (NASDAQ: WEN) announced today that the Company plans to participate in the Morgan Stanley Retail Conference in Boston at the Boston Harbor Hotel on May 23. The Company will present at 8:00 a.m. ET. Investors and interested parties may listen to a live webcast of this event by visiting the investor relations section of the Company’s website at www.aboutwendys.com. About The Wendy’s Company The Wendy's Company is the world's third-largest quick-service hamburger company. The Wendy's® system includes more than 6,500 franchise and Co...

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The Wendy’s Company Announces Completion of New Senior Secured Credit Facility by Wendy’s International, Inc. and Completion of Tender Offer by Wendy’s Restaurants, LLC for Its 10.00% Senior Notes Due 2016
Tuesday May 15th 2012 04:15:00 PM

DUBLIN, Ohio--(BUSINESS WIRE)--May. 15, 2012-- The Wendy’s Company (the “Company”) announced today that Wendy’s International, Inc., its wholly-owned subsidiary (“Wendy’s International”), has completed a new senior secured credit facility, which includes a $200 million revolving credit facility and a $1,125 million term loan. Proceeds from initial borrowings of $625.7 million under the new term loan were used to retire approximately $466.7 million of outstanding indebtedness under the existing senior secured credit facility of Wendy’s Restaurants, LLC, the Company’s wholly-owned subsidiary and Wendy’s Internati...

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The Wendy’s Company Announces Waiver by Wendy’s Restaurants, LLC Of Condition to Tender Offer for Its 10.00% Senior Notes Due 2016
Tuesday May 8th 2012 04:30:00 PM

DUBLIN, Ohio--(BUSINESS WIRE)--May. 8, 2012-- The Wendy’s Company (the “Company”) announced today that Wendy’s Restaurants, LLC, its wholly-owned subsidiary (“Wendy’s Restaurants”), is waiving a condition to its previously announced tender offer to purchase for cash any and all of its outstanding 10.00% Senior Notes due 2016 (the “Notes”) (CUSIP No. 95058TAB3). In connection with the tender offer, Wendy’s Restaurants is soliciting consents (“Consents”) from holders of the Notes to certain proposed amendments to the indenture governing the Notes and the Notes (the “Proposed Amendments”). Wendy’s Restaurants is waiving the “Sup...

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The Wendy’s Company Reports 2012 First Quarter Results
Tuesday May 8th 2012 07:01:00 AM

North America Company-Operated Q1 Same-Store Sales Were +0.8%; Sales Were Below Company’s Expectations, but Positive for Fourth Consecutive Quarter Company Expects to Complete Refinancing in Third Quarter; Anticipates $25 Million in Annual Interest Expense Savings Image Activation Initiative and New Restaurant Development on Track for 2012 DUBLIN, Ohio--(BUSINESS WIRE)--May. 8, 2012-- The Wendy’s Company (NASDAQ: WEN) today reported its results for the first quarter ended April 1, 2012. Highlights from the first quarter included the following: Consolidated revenu...

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The Wendy’s Company Announces Regular Quarterly Cash Dividend of $0.02 Per Share
Wednesday May 2nd 2012 04:00:00 PM

DUBLIN, Ohio--(BUSINESS WIRE)--May. 2, 2012-- The Wendy’s Company (NASDAQ: WEN) announced the declaration of its regular quarterly cash dividend of $0.02 per share, payable on June 15, 2012 to stockholders of record as of June 1, 2012. As of April 1, 2012, The Wendy’s Company had approximately 390 million shares of common stock outstanding. About The Wendy’s Company The Wendy’s Company is the world’s third largest quick-service hamburger company. The Wendy’s system includes more than 6,500 franchise and Company restaurants in the U.S. and 27 countries and U.S. territories worldwide. For more inf...

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The Wendy’s Company Announces Early Results of Cash Tender Offer by Wendy’s Restaurants, LLC for Its 10.00% Senior Notes Due 2016 and Amendments to Tender Offer
Monday April 30th 2012 11:40:00 PM

DUBLIN, Ohio--(BUSINESS WIRE)--Apr. 30, 2012-- The Wendy’s Company (the “Company”) announced today that Wendy’s Restaurants, LLC, its wholly-owned subsidiary (“Wendy’s Restaurants”), is amending the terms of its previously announced tender offer to purchase for cash any and all of its outstanding 10.00% Senior Notes due 2016 (the “Notes”) (CUSIP No. 95058TAB3). In connection with the tender offer, Wendy’s Restaurants is soliciting consents (“Consents”) from holders of the Notes to certain proposed amendments to the indenture governing the Notes and the Notes (the “Proposed Amendments”). Wendy’s Restaurants is now offering to ...

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The Wendy’s Company Announces Cash Tender Offer by Wendy’s Restaurants, LLC for Its 10.00% Senior Notes Due 2016
Tuesday April 17th 2012 05:00:00 PM

DUBLIN, Ohio--(BUSINESS WIRE)--Apr. 17, 2012-- The Wendy’s Company (“the Company”) announced today that Wendy’s Restaurants, LLC, its wholly owned subsidiary (“Wendy’s Restaurants”), has commenced a tender offer to purchase for cash any and all of its outstanding 10.00% Senior Notes due 2016 (the “Notes”) (CUSIP No. 95058TAB3). In connection with the tender offer, Wendy’s Restaurants is soliciting consents (“Consents”) from holders of the Notes to certain proposed amendments to the indenture governing the Notes and the Notes (the “Proposed Amendments”). The tender offer and consent solicitation (collectively, the “Offer”) are...

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The Wendy’s Company Announces Timing of First Quarter 2012 Results and Conference Call
Tuesday April 17th 2012 02:45:00 PM

DUBLIN, Ohio--(BUSINESS WIRE)--Apr. 17, 2012-- The Wendy's Company (NASDAQ: WEN) announced today that it will release first quarter 2012 financial results on Tuesday, May 8, 2012 before the market opens. A conference call with slides will follow at 10:00 a.m. ET and will be webcast live from the investor relations page of the company's website, at http://www.aboutwendys.com. Hosting the call will be Emil Brolick, President and Chief Executive Officer, Steve Hare, Chief Financial Officer, and John Barker, Chief Communications Officer. The conference call can be accessed live over the phone by dialing (877) 572-6014 or for international callers by dialing (281) 913-8524. A replay will be...

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Wendy’s Announces International Development Plans with The Wissol Group for Expansion into Georgia and Azerbaijan
Thursday April 5th 2012 10:30:00 AM

TBILISI, Georgia--(BUSINESS WIRE)--Apr. 5, 2012-- The Wendy's Company (NASDAQ: WEN) today announced an agreement with The Wissol Group to develop 25 restaurants in Georgia and the Republic of Azerbaijan over the next 10 years. Wissol, which is one of the largest business groups in Georgia, is expected to open its first Wendy's location in Tbilisi in 2013. "Georgia is a dynamic market with long-term growth potential for the Wendy's brand, and it plays an important role in our continued expansion in Eastern Europe," said Darrell van Ligten, President, International, The Wendy's Company. "We're privileged to have the opportunity to team with a strong, highly capable organization like The Wi...

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Wendy's Asks...What's in 100% Beef?
Friday March 30th 2012 06:02:00 AM

DUBLIN, Ohio, Mar 30, 2012 (BUSINESS WIRE) --The beef at Wendy's restaurants is nothing but pure, 100% North American beef, always fresh and never frozen.* "We're extremely proud of Wendy's beef standards - 100% pure beef from North American raised cattle... no additives... no fillers... no preservatives... no flavor boosters," said Emil Brolick, Wendy's President and Chief Executive Officer. "We've never used what some are calling 'pink slime', because it doesn't meet our high quality standards. "Our beef is fresh, never frozen, and delivered throughout the week to every restaurant. We think this is why our hamburgers taste better and are juicier. It costs us more to serve fresh, pure b...

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