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The Wendy's Company Reports First Quarter 2021 Results


The Wendy s Company Reports First Quarter 2021 Results
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DUBLIN, Ohio, May 12, 2021 /PRNewswire/ The Wendy s Company (Nasdaq: WEN) today reported unaudited results for the first quarter ended April 4, 2021.
We are increasing our 2021 financial outlook meaningfully across all key financial metrics, driven by an outstanding first quarter that underscores our continued momentum and the overall strength of our business, President and Chief Executive Officer Todd Penegor said. The robust growth in our business continued in the first quarter of 2021 as sales significantly exceeded our expectations and fueled our restaurant economic model, leading to outsized profits. We remain committed to our three long-term growth pillars significantly building our breakfast daypart, accelerating our digital business, and expanding our footprint across the globe and continue to make great progress.  I have never been more c ....

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The Wendy's Company Increases Quarterly Dividend Rate By 29 Percent


The Wendy s Company Increases Quarterly Dividend Rate By 29 Percent
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DUBLIN, Ohio, Feb. 23, 2021 /PRNewswire/  The Wendy s Company (NASDAQ: WEN) announced today that its Board of Directors has authorized a 29 percent increase in the quarterly cash dividend rate from $0.07 cents to $0.09 cents per share. The increase will be effective with the next quarterly dividend payment, which is payable on March 15, 2021, to shareholders of record as of March 5, 2021. The approximate number of common shares outstanding as of February 19, 2021 was 223.9 million. 
We are pleased to announce a 29 percent increase in our quarterly dividend, said President and Chief Executive Officer Todd Penegor. Our strong liquidity position, along with the momentum we are seeing in our business, supports this increase while still allowing us to invest in accelerated growth which remains our number one priority. ....

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