Wendy’s Q3 2025 profit falls as US store closures planned

The Wendy’s Company has posted nett income of $44.25m for the 3rd 4th (Q3) of 2025, down 12% from $50.22m a twelvemonth earlier, citing little different income and reduced operating profit.

Operating nett declined to $92.05m from $94.67m astatine the aforesaid clip successful the erstwhile year. The institution pointed to a weaker borderline astatine US company-operated restaurants, little franchise royalty gross and higher impairment of long-lived assets.

In Q3, adjusted net earlier interest, taxation, depreciation and amortisation (EBITDA) roseate 2.1% to $138m.

For the 4th ended 28 September 2025, full gross fell to $549.51m from $566.73m, reflecting little advertizing money gross and reduced franchise royalty income, partially offset by higher franchise fees.

Sales during the play accrued to $233.15m from $230.40m successful the aforesaid 4th of the erstwhile year.

Global systemwide income were $3.5bn, down 2.6%, driven by little same-restaurant income successful the US segment, partially offset by nett caller openings and same-restaurant maturation successful the International segment.

International systemwide income roseate 8.6% crossed each regions.

The institution opened 54 restaurants successful the quarter, bringing full additions to 172 done to the extremity of Q3.

Wendy’s interim CEO Ken Cook stated: “Third 4th results were successful enactment with our expectations, reflecting continued spot successful our planetary concern with 8.6% systemwide income growth, the summation of 54 caller restaurants globally and adjusted EBITDA growth.

“In the US, our actions to thrust operational excellence astatine company-operated restaurants are delivering meaningful results. Comparable income astatine company-operated restaurants outperformed the strategy by 4% during the 3rd 4th and a renewed absorption connected execution resulted successful the palmy motorboat of our caller chickenhearted tenders.”

The 4th marked the company’s archetypal results since launching its Project Fresh turnaround program successful October 2025.

CNN reports that hundreds of US locations are acceptable to adjacent aboriginal successful the twelvemonth arsenic portion of the plan.

The work quoted Cook arsenic saying a “mid single-digit percentage” of the astir 6,000 US sites could unopen - astir 200 to 350 outlets - with locations that are “consistently underperforming” to beryllium targeted.

For 2025, the institution reaffirmed guidance, expecting planetary systemwide income to diminution betwixt 5% and 3%.

Adjusted EBITDA is projected astatine $505m to $525m, with adjusted net per stock of $0.82 to $0.89.

Wendy’s declared a regular quarterly currency dividend of $0.14 per stock and repurchased 1.4 cardinal shares for $14m during the quarter.

"Wendy’s Q3 2025 nett falls arsenic US store closures planned" was primitively created and published by Verdict Food Service, a GlobalData owned brand.