10-Q quarterly report · filed May 8, 2019

Wendy's Co (WEN) Q1 2019 10-Q Quarterly Report

Short answer

Wendy's Co (WEN) filed its Q1 2019 10-Q quarterly report on May 8, 2019 for the quarter ended Mar 31, 2019.

Wendy's Co Q1 2019 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Revenue $408.6M, up $28.0M YoY from $380.6M
  • Operating margin 16.2% vs 14.5% YoY, net income $31.9M vs $20.2M
  • Company-operated same-restaurant sales up 2.1%, franchised sales up 1.3%
  • Operating cash flow $62.0M vs $68.7M; repurchases $29.3M and dividends $23.1M
  • 2019 capital expenditures forecast $75.0M to $80.0M, with commodity volatility and competitive pricing pressures as headwinds

Risk Factors

  • Leadership succession risk: ineffective organizational changes could impair business and financial results
  • Key-personnel retention risk: senior-management departures could weaken efficiency and profitability initiatives
  • Regulatory or legal risks: no material changes from the most recent Form 10-K disclosed
  • Financial, liquidity, and market risks: no material changes from the most recent Form 10-K disclosed

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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