AMZNprintsminutestrendsdividendsdrawdownsP/E 28.4macronarrativesvolatilitybuybackssentiment+0.8%marginsMSFTPMI 52.1momentumdividendsflowsPMI 52.1digeststhreadsvolatilityearnings callsvolumesβ 1.24breakoutsnewsflow2s10sliquidityheadlines−1.2%breakoutsnoiseGOOGLbuybacksrevisionstrendsPMI 52.1briefstickersnoiseGDPsentimentchattertranscriptsGOOGLsentimentvolatilitybuybacksMSFTwhispersMETAsessionsyield curves13FfuturesdowngradesPMI 52.1headlinesthe tapeflowsdowngradesfutures+0.8%earnings callstranscriptsclosesgammacatalystsrevisionsvolatilitysentimentchatter+2.41%earnings callssentimentfilingstrends10y 4.21%cyclesbuybackswiresspx 0dtewhisperstickersQ3trendsnewsflowearnings callsWTI 78.2sentimentnoisethreadsrumorsnarrativesFOMCconsensusestimatesmomentumYoY +18%tickersmomentumprintsβ 1.24revisions

momentumheadlines52w hipositioning2s10sfilingstrendsprintstrendsmacrocyclesnoise2s10smacroQ3narrativesheadlinesflowscyclesnarrativesspreadstranscriptsdowngradesupgradeswhisperswhispersminutesthe tapeNDXfuturesminutesyield curves52w hithe tapeFOMCcatalystsbriefsthe tapeNVDAguidancetrends52w hidrawdowns2s10swhispersmomentumdrawdownsbuybacks

PCEliquiditysentimentbreakoutsdowngradesP/E 28.4threadsAAPLSPXvolatilityNDXflowscyclesliquidityestimatesEPS 4.12

WEN · NASDAQ · Restaurants

Wendy's (WEN)

Operates a restaurant system through franchising, company-operated locations, and real-estate activity.

$6.73

vs last close−0.08 (−1.25%)

In millions of USD, except per-share figures

In millions	Q3 FY23Oct 2023	Q4 FY23Dec 2023	Q1 FY24Mar 2024	Q2 FY24Jun 2024	Q3 FY24Sep 2024	Q4 FY24Dec 2024	Q1 FY25Mar 2025	Q2 FY25Jun 2025	Q3 FY25Sep 2025	Q4 FY25Dec 2025	Q1 FY26Mar 2026	Q2 FY26Jun 2026
Revenue	551	541	535	571	567	574	523	561	550	543	541	571
Cost of revenue	391	485	381	408	411	249	375	394	404	412	402	386
Gross profit	160	56	154	162	155	325	148	166	145	131	138	185
	58	−31	73	63	61	229	65	62	58	67	75	106
	23	−67	29	23	25	186	30	23	58	67	32	66
General & administrative	23	−67	29	23	25	186	30	23	58	67	32	66
Other expenses	36	36	44	40	36	44	35	40	0	0	42	39
Operating income	102	87	81	100	95	96	83	104	88	64	64	79
	−24	−19	−24	−25	−25	−26	−28	−28	−24	−31	−30	−31
Interest expense	31	30	31	31	31	31	31	31	32	33	34	34
Other non-operating income	−7	−11	−7	−6	−6	−6	28	−3	−7	−1	−4	−3
Income before tax	78	67	57	75	70	70	55	76	63	33	34	49
Income tax expense	20	20	15	20	19	23	16	21	19	7	11	16
Net income from continuing operations	58	47	42	55	50	47	39	55	44	26	23	33
Net income	58	47	42	55	50	47	39	55	44	26	23	33
EPS, basic	$0.28	$0.23	$0.20	$0.27	$0.25	$0.23	$0.20	$0.29	$0.23	$0.14	$0.12	$0.17
EPS, diluted	$0.28	$0.23	$0.20	$0.27	$0.25	$0.23	$0.19	$0.29	$0.23	$0.14	$0.12	$0.17
Weighted average shares, basic	209	206	205	205	204	204	201	192	192	190	190	190
Weighted average shares, diluted	211	208	207	206	204	205	202	193	193	191	191	191
EBITDA	147	137	127	147	141	139	91	148	138	111	114	125
Depreciation & amortization	38	40	39	41	41	37	37	41	44	45	45	43
EBIT	109	98	88	106	101	102	55	107	95	66	68	82