For the quarter ending 2026-03-29, WEN had $4,359K increase in cash & cash equivalents over the period. $47,508K in free cash flow.
| Cash Flow | 2026-03-29 | 2025-12-28 | 2025-09-28 | 2025-06-29 |
|---|---|---|---|---|
| Net income | 22,712 | 26,481 | 44,252 | 55,110 |
| Depreciation and amortization (exclusive of amortization of cloud computing arrangements shown separately below) | 40,575 | 40,290 | 38,393 | 36,990 |
| Amortization of cloud computing arrangements | 4,762 | 5,198 | 5,226 | 4,056 |
| Share-based compensation | 5,246 | 4,803 | -934 | 5,132 |
| Impairment of long-lived assets | 2,572 | 6,731 | 2,257 | 1,686 |
| Deferred income tax | 956 | -3,347 | 25,986 | 516 |
| Non-cash rental expense, net | 10,925 | 10,784 | 13,264 | 11,056 |
| Change in operating lease liabilities | 12,584 | -50,499 | 2,038 | 472 |
| Net (recognition) receipt of deferred vendor incentives | -2,535 | -5,034 | -1,853 | -2,757 |
| System optimization (gains) losses, net | 1,625 | 704 | 29 | 387 |
| Gain on sale of investments, net | - | 0 | - | - |
| Distributions received from timwen joint venture | - | 14,779 | - | - |
| Equity in earnings in joint ventures, net | - | 11,215 | - | - |
| Distributions received from joint ventures, net of equity in earnings | -3,628 | - | -467 | 3,348 |
| Long-term debt-related activities, net | 1,832 | 2,521 | 1,858 | 1,871 |
| Cloud computing arrangements expenditures | 4,157 | 7,050 | 7,098 | 6,918 |
| Other, net | - | 25,093 | - | - |
| Accounts and notes receivable | - | 19,174 | - | - |
| Inventories | - | 473 | - | - |
| Prepaid expenses and other current assets | - | 1,345 | - | - |
| Advertising funds restricted assets and liabilities | - | -4,007 | - | - |
| Accounts payable | - | -8,927 | - | - |
| Accrued expenses and other current liabilities | - | -17,629 | - | - |
| Changes in operating assets and liabilities and other, net | 31,242 | - | -50,009 | 47,382 |
| Net cash provided by operating activities | 59,389 | 69,280 | 129,255 | 60,593 |
| Capital expenditures | 11,881 | 37,884 | 24,993 | 21,371 |
| Franchise development fund | 4,580 | 15,314 | 6,578 | 10,705 |
| Acquisitions | - | 0 | 16,854 | - |
| Dispositions | 2,796 | 2,925 | 130 | 1,300 |
| Proceeds from sale of investments | - | 0 | - | - |
| Notes receivable, net | 0 | 0 | 0 | 0 |
| Net cash used in investing activities | -13,665 | -50,273 | -48,295 | -30,776 |
| Proceeds from long-term debt | 15,100 | 452,000 | 0 | 8,500 |
| Repayments of long-term debt | 22,538 | 423,556 | 7,312 | 7,312 |
| Repayments of finance lease liabilities | 5,970 | 6,482 | 7,398 | 5,428 |
| Deferred financing costs | - | 9,671 | - | - |
| Repurchases of common stock | 0 | 0 | 14,250 | 63,732 |
| Dividends | 26,648 | 26,633 | 26,711 | 26,811 |
| Proceeds from stock option exercises | 0 | 0 | 199 | 1,444 |
| Payments related to tax withholding for share-based compensation | 423 | 12 | 1,473 | 28 |
| Net cash used in financing activities | -40,479 | -14,354 | -56,945 | -93,367 |
| Net cash provided by (used in) operations before effect of exchange rate changes on cash | 5,245 | 4,653 | 24,015 | -63,550 |
| Effect of exchange rate changes on cash | -886 | 1,004 | -2,102 | 4,693 |
| Net increase (decrease) in cash, cash equivalents and restricted cash | 4,359 | 5,657 | 21,913 | -58,857 |
| Cash, cash equivalents and restricted cash at beginning of period | 357,672 | 352,015 | 503,608 | - |
| Cash, cash equivalents and restricted cash at end of period | 362,031 | 357,672 | 352,015 | - |
Wendy's Co (WEN)
Wendy's Co (WEN)