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Wendy's WEN Wendy's International — Advertising Expense

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Other financials

Income statement

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Revenue$570.6M+1.7%
Gross profit$363.3M-0.3%
Operating income$79.3M-24.0%
Net income$32.6M-40.8%
EPS (diluted)$0.17-41.4%

Balance sheet

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Cash & equivalents$394.8M+19.6%
Total debt$4.1B-0.4%
Total equity$120.5M+6.7%
Total assets$4.9B-0.2%

Cash flow

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Operating cash flow$100.6M+66.0%
CapEx$19.6M-8.5%
Free cash flow$81.0M+107%

Valuation

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Market cap$1.46B-25.4%
Enterprise value$5.14B-10.1%
P/E11.6×+1.4×
P/S0.7×-0.2×

Profitability

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Gross margin63%-2.1pp
Operating margin13.6%-3.4pp
Net margin5.7%-2.9pp
FCF margin12%+0.4pp

Returns & leverage

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Return on equity108%+8.7pp
Debt / equity33.8×-2.4×
Current ratio1.9×+0.5×

Where this comes from

Reported directly by Wendy's in its filing.

Tagged under the XBRL concept us-gaap:AdvertisingExpense.

The source filing: Wendy's’s 10-Q, filed August 7, 2026.

Filed
Aug 7, 2026, 4:15 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q3 2026
Accession
0000030697-26-000116

(a)Includes advertising fund expense of $183 and $342 for the three and six months ended June 29, 2025, respectively, related to the Company’s funding of incremental advertising. There was no funding of incremental advertising during the three and six months ended June 28, 2026. In addition, includes other international-related advertising (deficit) surplus of $(753) and $(756) for the three and six months ended June 28, 2026, respectively, and $34 and $(1,119) for the three and six months ended June 29, 2025, respectively.

Item 1. Financial Statements.

FAQ

What is Wendy's's wendy's international — advertising expense?
Wendy's (WEN) reported wendy's international — advertising expense of $0 in Q2 2026.
How has Wendy's's wendy's international — advertising expense changed year-over-year?
Wendy's's wendy's international — advertising expense decreased by 100.0% year-over-year, from $183K to $0.
What is the long-term trend for Wendy's's wendy's international — advertising expense?
Over 3 years (2022 to 2025), Wendy's's wendy's international — advertising expense has grown at a -44.4% compound annual growth rate (CAGR), from $4.14M to $713K.
What does wendy's international — advertising expense mean?
Represents the direct marketing and advertising costs borne by the company to promote the brand within the international segment. This metric helps investors evaluate the company's commitment to sustaining brand equity and competitive positioning in foreign markets.

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