Event-Driven Stocks

Wendy's Co

WENNasdaq

Consumer Discretionary · Retail-Eating & Drinking Places · DE · SEC filings ↗ · Compare ⊕

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Signs● 4 good● 3 warningdetails ↓

Financials

SEC XBRL · annual
 FY25FY24FY23FY22FY21FY20
Revenue$2.18B$2.25B$2.18B$1.90B$1.73B$405.0M
Operating income$343.5M$371.4M$382.0M$367.0M$269.3M$48.7M
Net income$165.1M$194.4M$204.4M$200.4M$117.8M$14.4M
Total assets$4.96B$5.03B$5.18B$5.10B$5.04B—
Total liabilities$4.84B$4.78B$4.87B$4.66B$4.49B—
Equity$117.4M$259.4M$465.7M$436.4M$549.6M—
EPS (diluted)$0.85$0.95$0.97$0.89$0.52$0.06
Shares out.200.5M205.5M212.6M215.2M223.8M223.0M

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2025
Operating margin
15.8%
Net margin
7.6%
Return on equity
140.6%
Return on assets
3.3%
Return on capital (ROCE)
7.5%
Liabilities / assets
97.6%
Debt / equity
41.23×
Book value / share
$0.59
Revenue growth (YoY)
−3.1%
Net income growth (YoY)
−15.1%

Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.

Financial health

forensic scores · FY2025
Altman Z″ (distress)
1.13grey zone
Accruals / assets
−3.6%clean
Beneish M-Score
-2.45normal
Piotroski F-Score
4/9mixed

Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.

Quality score

EDS Score
63
/ 100
Profitability 100Growth 0Catalyst 67Earnings quality 100Financial strength 50

Our own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.

Signs

● 3 warning● 4 good
  • Revenue declined year-over-year
  • High leverage (liabilities > 70% of assets)
  • Altman Z″ in the grey zone
  • Operating margin is positive
  • Strong return on equity (>15%)
  • Positive operating cash flow
  • Clean earnings (low accruals)

Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.

5%+ owners

SEC Schedule 13D / 13G · last 3 yrs

Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.

Short interest

FINRA · bi-monthly
SettlementShares shortDays to coverΔ vs prior
May 15, 202650.7M3.0+9.6%
Apr 30, 202646.3M6.3+4.7%
Apr 15, 202644.2M6.2+17.6%
Mar 31, 202637.6M4.4+3.8%
Mar 13, 202636.3M4.5+10.3%

Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.

Material events

SEC Form 8-K · most recent

Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.

Recent SEC filings

All filings ↗

Event-driven situations (2)