Wendy's (WEN) shared Thursday its long-term financial algorithm of 3% to 4% annual net unit growth, 5% to 6% annual systemwide sales growth, and 7% to 8% growth in annual adjusted earnings before interest, taxes, depreciation, and amortization, or EBITDA.
The company also reaffirmed its full-year 2025 outlook, with adjusted earnings of $0.98 to $1.02 per share, adjusted EBITDA of $550 million to $560 million, capital expenditures of $100 million to $110 million, and free cash flow of $275 million to $285 million.
Analysts surveyed by FactSet expected full-year 2025 earnings of $1.01.
By 2028, the company also said it plans to add 1,000 net new restaurants globally.
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