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01.03.2023 07:00
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THE WENDY'S COMPANY REPORTS FOURTH QUARTER AND FULL YEAR 2022 RESULTS
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PR Newswire
DUBLIN, Ohio, March 1, 2023
DUBLIN, Ohio, March 1, 2023 /PRNewswire/ -- The Wendy's Company (Nasdaq: WEN) today reported audited results for the fourth quarter and full year ended January 1, 2023. The Company previously issued preliminary unaudited results for the fourth quarter and full year ended January 1, 2023 on January 13, 2023.
"Our strong 2022 results and the progress we made against our strategic growth pillars have laid the foundation for continued growth for years to come," President and Chief Executive Officer Todd Penegor said. "In the fourth quarter, our breakfast sales accelerated while our global digital business reached record highs, and over the course of the year we opened over 275 restaurants across the globe despite a difficult operating environment. We anticipate our significant business momentum and the sound execution of our key priorities will deliver a new gear of efficient, accelerated growth for the next several years. I am confident that Wendy's® best days are yet to come, and we will continue to make meaningful progress towards achieving our vision of becoming the world's most thriving and beloved restaurant brand."
Fourth Quarter and Full Year 2022 Summary
See "Disclosure Regarding Non-GAAP Financial Measures" and the reconciliation tables that accompany this release for a discussion and reconciliation of certain non-GAAP financial measures included in this release.
| Operational Highlights | Fourth Quarter | | Full Year | ||||
| | 2022 | | 2021 | | 2022 | | 2021 |
| | | | | | | | |
| Systemwide Sales Growth(1) | | | | | | | |
| U.S. | 7.2 % | | (0.7) % | | 5.3 % | | 8.6 % |
| International(2) | 16.8 % | | 13.5 % | | 19.2 % | | 20.7 % |
| Global | 8.4 % | | 0.8 % | | 6.8 % | | 9.8 % |
| | | | | | | | |
| Same-Restaurant Sales Growth(1) | | | | | | | |
| U.S. | 5.9 % | | 6.1 % | | 3.9 % | | 9.2 % |
| International(2) | 9.9 % | | 18.1 % | | 12.4 % | | 17.6 % |
| Global | 6.4 % | | 7.3 % | | 4.9 % | | 10.0 % |
| | | | | | | | |
| Systemwide Sales (In US$ Millions)(3) | | | | | | | |
| U.S. | $2,976 | | $2,775 | | $11,694 | | $11,111 |
| International(2) | $414 | | $367 | | $1,606 | | $1,397 |
| Global | $3,390 | | $3,141 | | $13,301 | | $12,507 |
| | | | | | | | |
| Restaurant Openings | | | | | | | |
| U.S. - Total / Net | 38 / (3) | | 54 / 37 | | 139 / 56 | | 123 / 57 |
| International - Total / Net | 40 / 18 | | 27 / 21 | | 137 / 90 | | 87 / 64 |
| Global - Total / Net | 78 / 15 | | 81 / 58 | | 276 / 146 | | 210 / 121 |
| | | | | | | | |
| Global Reimaging Completion Percentage | | | | | 79 % | | 72 % |
| | | | | | | | |
| (1) Systemwide sales growth and same-restaurant sales growth are calculated on a constant currency basis and include sales | |||||||
| (2) Excludes Venezuela and Argentina. | |||||||
| (3) Systemwide sales include sales at both Company-operated and franchise restaurants. | |||||||
| Financial Highlights | Fourth Quarter | | Full Year | ||||||||
| | 2022 | | 2021 | | B / (W) | | 2022 | | 2021 | | B / (W) |
| | | | | | | | | | | | |
| (In Millions Except Per Share Amounts) | (Unaudited) | | (Unaudited) | ||||||||
| | | | | | | | | | | | |
| Total Revenues | $ 536.5 | | $ 473.2 Werbung Mehr Nachrichten zur Wendy's Company Aktie kostenlos abonnieren
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