Wendy's Lowers Guidance Amid Q2 Revenue Decline

Wendy's reported second-quarter 2025 results with adjusted earnings per share rising to $0.29, beating analyst expectations by about 16%, despite a 1.7% year-over-year revenue decline to $560.9 million. The company experienced continued weakness in its U.S. business, with same-restaurant sales down 3.6% and overall U.S. systemwide sales falling 3.3%. International sales grew 8.7%, partially offsetting the domestic challenges. Wendy's lowered its full-year earnings and sales guidance in response to these trends, but continued to focus on global expansion, adding 26 net new restaurants in the quarter. The company returned $88.7 million to shareholders through dividends and share repurchases. Interim CEO Ken Cook remains optimistic about international growth while addressing ongoing U.S. headwinds.