The Wendy's Company reported second quarter 2026 results showing global systemwide sales decreased 6.5% to approximately $3.4 billion and net income fell 40.8% to $32.6 million, or $0.17 per diluted share. U.S. same-restaurant sales declined 7.0%, while international same-restaurant sales dropped 2.3%. The company withdrew its full-year 2026 financial outlook as new CEO Bob Wright formulates a turnaround plan addressing menu quality, marketing, and operational excellence. Additionally, Wendy's reduced its quarterly cash dividend to $0.07 per share, down from the previous annualized rate, with payments beginning September 15, 2026, to shareholders of record on September 1, 2026. The company operates in the quick-service restaurant industry.

The Wendy's Company announced the appointment of Robert D. Wright as President and Chief Executive Officer. Concurrently, the Compensation and Human Capital Committee approved a one-time restricted stock unit award with a grant date fair value of $500,000 for E.J. Wunsch, President of International. The award is effective August 11, 2026, and vests in substantially equal installments on the first two anniversaries of the grant date, subject to continued employment. The Wendy's Company operates in the quick-service restaurant industry, owning, operating, and franchising Wendy's restaurants globally.

The Wendy's Company appointed Steven W. Cirulis as Chief Financial Officer and Chief Strategy Officer, effective June 23, 2026. Ken Cook, the current CFO and Interim CEO, will transition out of the company, with his employment terminated without cause effective July 31, 2026. Mr. Cirulis's compensation package includes a $675,000 annual base salary, a target 90% annual bonus, and an initial annualized long-term incentive target fair value of $1,650,000. Wendy's operates in the quick-service restaurant industry and sells burgers and other food items.

On June 4, 2026, Chief Accounting Officer Suzanne M. Thuerk resigned to pursue an opportunity outside the restaurant space. Aaron M. Kale, previously Vice President – Tax, was appointed as the new Chief Accounting Officer and Vice President – Tax, effective June 8, 2026. The company operates in the restaurant industry as a fast-food chain.