The Wendy's Company reported its first-quarter earnings with global systemwide sales totaling $3.4 billion, reflecting a 1.1% decline. The company posted an adjusted earnings per share (EPS) of $0.20, which was in line with expectations. However, Wendy's same-store sales fell by 2.8%, and quarterly sales of $523.47 million slightly missed the estimated $525.41 million. The company cited a weaker-than-expected consumer environment in March, consistent with broader industry trends this earnings season. Notably, the Thin Mints Frosty product contributed to positive same-store sales growth in February and early March, but demand declined as consumer confidence weakened later in the month. Due to ongoing consumer demand pullbacks, Wendy's revised its full-year outlook, now anticipating global systemwide sales to decline between 2% and remain flat, assuming the current consumer environment persists.