
Wendy's has reported a strong performance in its fourth-quarter earnings, with revenue reaching $574.27 million, surpassing expectations of $563.64 million. The company achieved a year-on-year sales growth of 6.2%, while adjusted revenues increased by 6.4% to $459.3 million. Global same-restaurant sales grew by 4.3%. In addition, Wendy's same-store sales rose by 10% in October, remaining in line with industry trends in November and December. The quick-service restaurant chain plans to increase capital expenditures to between $100 million and $110 million in 2025, focusing on new restaurant builds and technology enhancements, including digital menu boards. Wendy's is also set to return $325 million to shareholders through dividends and share repurchases this year. However, the company anticipates negative same-store sales in the first quarter, attributing this to overall industry traffic challenges exacerbated by severe weather events. CEO Kirk Tanner stated that Wendy's aims to expand its voice-activated AI technology to 500-600 drive-thrus by the end of 2025, enhancing order accuracy and driving sales.




McDonald's results missed the mark to end 2024 as the fast food chain faced an underperforming stock, lackluster sales, and an E. coli outbreak. https://t.co/aReIdUB4CX
"The consumer is generally very interested and very supported," Presto CEO Gee Lefevre says on AI in the drive-thru. "It's got that cool edge to it." https://t.co/4Ru8IpPXh2
🇺🇸 AI will take your drive-thru order at more Wendy's restaurants this year https://t.co/XKychNYJ7Y