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AI brief of an SEC Form 8-K · The Wendy's (WEN)

Wendy's Q3 revenue fell 3.0% to $549.5 million; net income fell 11.8% to $44.3 million

Negative Impact 3 of 5 earnings Written later

Wendy's reported unaudited third-quarter 2025 results for the quarter ended September 28, 2025, with total revenues down 3.0% and net income down 11.8%. Adjusted EBITDA rose 2.1% to $138.0 million, and the company reaffirmed its 2025 adjusted EBITDA and adjusted EPS outlook while raising its free cash flow outlook, but shareholders saw lower revenue, profit and earnings per share in the quarter.

Key points

  • Total revenues were $549.5 million, down 3.0% from $566.7 million a year earlier; adjusted EPS was $0.24, down 4.0%.
  • Net income was $44.3 million, down 11.8%; diluted EPS was $0.23 versus $0.25.
  • Reaffirmed 2025 adjusted EBITDA of $505 to $525 million and adjusted EPS of $0.82 to $0.89; raised free cash flow outlook to $195 to $210 million from $160 to $175 million.
  • On November 5, 2025, the Board amended the By-Laws, including stockholder written consent record date procedures and removing the stockholder list requirement for meetings.

The filing

CompanyThe Wendy's (WEN)
Form8-K, current report
Filed with the SECNov 7, 2025, 7:14 AM ET
Accession number0001193125-25-271014

Items reported: 2.02 Results of Operations5.03 Bylaw / Charter Amendment

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 6:58 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 07, 2025.

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.