Wendy's (WEN) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates

For the quarter ended June 2026, Wendy's (WEN) reported revenue of $570.57 million, up 1.7% over the same period last year. EPS came in at $0.18, compared to $0.29 in the year-ago quarter.

The reported revenue represents a surprise of +1.07% over the Zacks Consensus Estimate of $564.56 million. With the consensus EPS estimate being $0.16, the EPS surprise was +12.5%.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Wendy's performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

• Same-Restaurant - International: -2.3% compared to the 0.8% average estimate based on five analysts.
• Same-Restaurant - U.S.: -7% compared to the -5% average estimate based on five analysts.
• Number of restaurants - Total: 7,180 compared to the 7,176 average estimate based on five analysts.
• Number of restaurants - International: 1,456 versus 1,468 estimated by five analysts on average.
• Number of restaurants - US: 5,724 compared to the 5,709 average estimate based on five analysts.
• Revenues- Franchise royalty: $123.57 million compared to the $126.21 million average estimate based on five analysts. The reported number represents a change of -6.6% year over year.
• Revenues- Advertising funds: $127.42 million versus the five-analyst average estimate of $103.47 million. The reported number represents a year-over-year change of +14.4%.
• Revenues- Sales at Company-operated restaurants: $240.02 million versus the five-analyst average estimate of $242.11 million. The reported number represents a year-over-year change of +3.1%.
• Revenues- Franchise fees: $26.2 million compared to the $24.32 million average estimate based on five analysts. The reported number represents a change of +8.9% year over year.
• Revenues- Franchise rental income: $53.36 million versus $59.06 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a -11.7% change.
• Systemwide sales- Total: $3.42 billion compared to the $3.47 billion average estimate based on four analysts. The reported number represents a change of -6.5% year over year.
• Systemwide sales- International systemwide: $546.7 million versus the four-analyst average estimate of $566.67 million. The reported number represents a year-over-year change of +3.4%.

View all Key Company Metrics for Wendy's here>>>

Shares of Wendy's have returned -2.6% over the past month versus the Zacks S&P 500 composite's +2.3% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.

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