10-Q quarterly report · filed Aug 7, 2019

Wendy's Co (WEN) Q2 2019 10-Q Quarterly Report

Short answer

Wendy's Co (WEN) filed its Q2 2019 10-Q quarterly report on Aug 7, 2019 for the quarter ended Jun 30, 2019.

Wendy's Co Q2 2019 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Revenue $435.3M, up $24.3M YoY from $411.0M
  • Operating margin 18.5% vs 17.4% YoY, net income $32.4M vs $29.9M
  • Best performer: international franchised sales $140.1M, up 10.4% constant currency
  • Restaurant margin 16.5% vs 17.4%, pressured by labor rates, commodities and lower customer count
  • Operating cash flow $154.1M, up $5.7M; $49.7M share repurchases and $46.2M dividends in six months

Risk Factors

  • No risk-factors section provided, preventing identification of new or changed risks since the 2018 10-K
  • Debt risk: $2,274,967 thousand long-term debt and $22,750 thousand current maturities
  • Lease-obligation risk: $931,033 thousand long-term operating lease liabilities newly recognized
  • Foreign-currency risk: $9,860 thousand favorable translation adjustment in six months ended June 30, 2019

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

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