Wendy’s reported total revenues of $435.34m for the second quarter (Q2) of 2019. Credit: Nheyob.

American quick service restaurant chain Wendy’s has reported total revenues of $435.34m for the second quarter (Q2) ending 30 June 2019, compared to $411m for the same period last year.

The 5.9% increase in revenues was due to higher sales at company-operated restaurants and an increase in franchise royalty revenue.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

Wendy’s global system wide sales, which includes sales at both company-operated and franchise restaurants, grew by 3.3%.

Operating profit of the company was $80.57m during the second quarter of this year, compared to $71.48m for the same period last year.

The increase in operating profit was driven by an increase in franchise royalty revenue and an increase in net franchise rental income.

The quick service restaurant also reported a net income of $32.38m compared to $29.87m in the prior year.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Wendy’s president and CEO Todd Penegor said: “We delivered another quarter of strong earnings growth and are pleased with our continued progress to build an even stronger foundation for the Wendy’s brand.

“We are executing on our plan to accelerate same-restaurant sales in North America and drive global restaurant expansion, fuelled by a healthy restaurant economic model.

“Our relentless focus on bringing every element of The Wendy’s Way to life by providing food our customers love, friendly service, value, and an inviting atmosphere will continue to drive growth in the future.”

The quick service restaurant chain also reported adjusted EBITDA of $117.77m for the second quarter, compared to $109.54m for the same period last year.

Wendy’s opened 28 restaurants globally during the second quarter.