Wendy’s international sales has risen 8.7 per cent across all regions in the second quarter, a marked contrast to the US slip of 3.3 per cent, which led the group to a worldwide sales decline of 1.8 per cent to US$3.7 billion.
The decrease in total revenues was predominantly due to lower US company-operated restaurant sales, lower franchise royalty revenue, and lower advertising funds revenue.
Last year the comparable quarter saw US revenue of US$3,239.7 million; this year the figure dropped to US$3,131.3 million.
Ken Cook, interim CEO, said “In the US we have work to do to improve the overall performance of the business. We will continue to strengthen relationships with franchisees, improve the effectiveness of our marketing programs, and elevate the customer experience across the system. I’m confident that increasing our focus in these areas positions the company for stronger long-term performance.”
Same-store sales for the second quarter rose 1.8 per cent in the overseas market, while comparable US sales saw a 3.6 per cent drop.
Year to date, systemwide sales internationally have risen 8.8 per cent on 2024, with same-store sales growth at 2.1 per cent.
The square burger business added 44 restaurants (26 net new) in the quarter, 17 of those internationally, and remains on track for a full-year net unit growth of 2-3 per cent.
Cook said the international market “continues to offer excellent opportunities for expansion”.
