Wendy's is the third largest hamburger chain in the world with 6,515 restaurants in the U.S. and 26 countries and territories.
A subsidiary, Wendy’s International, Inc., is the franchisor of the Wendy’s restaurant system.
Wendy's is best known for selling fresh hamburgers -- never frozen -- along with chicken sandwiches, salads, frosty desserts and chili.
At the end of 2014, there were 6,112 Wendy's restaurants in North America and 403 restaurants outside of North America.
In 2014, Wendy's reported revenues of $2.1 billion, down from $2.5 billion. The decrease was due to selling 470 company-operated restaurants to franchisees in the past year. Net income was $121.4 millon for 2014.
The company reported average sales of $1.59 million per restaurant in the U.S. in 2014.
"Wendy's made significant strategic and financial progress in 2014," President and Chief Executive Officer Emil Brolick said. "Last year we set a target of 410 reimaged and new Image Activation restaurants for 2014, and we surpassed our goal with the opening or commencement of construction of 486 Systemwide reimaged and new restaurants, including franchisee adoption that exceeded our expectations with 216 reimaged and 43 new Image Activation restaurants. As of the end of 2014, the Wendy's system has opened or initiated construction on 794 cumulative reimaged and new restaurants since 2011."
The company was founded by Dave Thomas who opened the first Wendy's Old Fashioned Hamburgers restaurant on Nov. 15, 1969 in Columbus, OH. The restaurant was named after one of his daughters. Thomas was already a successful entrepreneur who had owned several KFC restaurants. He focused on providing fresh, made-to-order hamburgers for customers. Thomas appeared in many of the chain's TV commercials before passing away in 2002.
In 2006, Wendy's spun off Tim Horton's - a donut chain with over 2,700 outlets in Canada and 300+ in the U.S. -- in an IPO. It also sold off the Baja Fresh chain for $31 million.
Triarc Companies, owner of the Arby's chain, acquired Wendy's in September 2008 for $2.4 billion in stock. The combined company was renamed Wendy's/Arby's Group.
Wendy's introduced a newly designed cheeseburger in 2011 called Dave's Hot and Juicy Cheesburger with a butter-toasted bun and fresh toppings.
The company was formerly known as Wendy's/Arby's Group but sold the Arby's chain to Roark Capital Group in July 2011. The company changed its name to Wendy's and still has an 18.5% stake in Arby's. The company moved its headquarters back to Dublin, OH in 2012 where it was originally located from Atlanta.
Benefits and Pay
Updated April 11, 2015