Name | Value |
---|---|
Revenues | 534.8M |
Cost of Revenue | 380.6M |
Gross Profit | 154.1M |
Operating Expense | 67.8M |
Operating I/L | 81.2M |
Other Income/Expense | -23.7M |
Interest Income | 0.0M |
Pretax | 57.5M |
Income Tax Expense | 15.5M |
Net Income/Loss | 42.0M |
The Wendy's Company operates quick-service restaurants specializing in hamburger sandwiches. It generates revenue through operating, developing, and franchising a system of approximately 5,535 franchised restaurants in the United States and 1,006 franchised restaurants internationally. Additionally, the company owns and leases real estate properties, with 485 owned and 1,235 leased properties, which are leased or subleased to franchisees. The company's primary source of income is from restaurant operations, franchise fees, and rental income from its real estate properties.