For the quarter ending 2025-09-28, WEN had $21,913K increase in cash & cash equivalents over the period. $104,262K in free cash flow.
| Cash Flow | 2025-09-28 | 2025-06-29 | 2025-03-30 | 2024-12-29 |
|---|---|---|---|---|
| Other, net | - | - | - | 14,542 |
| Net income | 44,252 | 55,110 | 39,232 | 47,497 |
| Prepaid expenses and other current assets | - | - | - | 1,795 |
| Change in operating lease liabilities | - | - | - | -48,911 |
| Inventories | - | - | - | -138 |
| Accrued expenses and other current liabilities | - | - | - | 5,139 |
| Accounts and notes receivable | - | - | - | 5,158 |
| Accounts payable | - | - | - | 1,026 |
| Gain on sale of investments, net | - | - | - | 0 |
| Advertising funds restricted assets and liabilities | - | - | - | -20,733 |
| Distributions received from timwen joint venture | - | - | - | 14,408 |
| Equity in earnings in joint ventures, net | - | - | - | 11,607 |
| Depreciation and amortization (exclusive of amortization of cloud computing arrangements shown separately below) | 38,393 | 36,990 | 36,549 | 33,228 |
| Amortization of cloud computing arrangements | 5,226 | 4,056 | 4,167 | 4,064 |
| Share-based compensation | -934 | 5,132 | 5,572 | 4,528 |
| Impairment of long-lived assets | 2,257 | 1,686 | 1,421 | 6,840 |
| Deferred income tax | 25,986 | 516 | 306 | -5,064 |
| Non-cash rental expense, net | 13,264 | 11,056 | 10,350 | 9,931 |
| Change in operating lease liabilities | 12,400 | 12,351 | -24,330 | - |
| Net receipt of deferred vendor incentives | -1,853 | -2,757 | 11,178 | -2,035 |
| System optimization gains, net | 29 | 387 | -90 | 646 |
| Distributions received from joint ventures, net of equity in earnings | 684 | 962 | -1,338 | - |
| Long-term debt-related activities, net | 1,858 | 1,871 | 1,873 | 1,870 |
| Cloud computing arrangements expenditures | 7,098 | 6,918 | 2,417 | 8,232 |
| Changes in operating assets and liabilities and other, net | -19,649 | 34,373 | 16,302 | - |
| Net cash provided by operating activities | 129,255 | 60,593 | 85,415 | 68,626 |
| Capital expenditures | 24,993 | 21,371 | 17,679 | 42,027 |
| Franchise development fund | 6,578 | 10,705 | 5,813 | 20,206 |
| Payments to acquire businesses, net of cash acquired | 16,854 | - | - | - |
| Dispositions | 130 | 1,300 | 55 | 1,724 |
| Proceeds from sale of investments | - | - | - | 0 |
| Notes receivable, net | 0 | 0 | 1,949 | 0 |
| Net cash used in investing activities | -48,295 | -30,776 | -21,488 | -60,509 |
| Proceeds from long-term debt | 0 | 8,500 | 15,000 | 0 |
| Repayments of long-term debt | 7,312 | 7,312 | 15,813 | 7,313 |
| Deferred financing costs | - | - | - | 0 |
| Repayments of finance lease liabilities | 7,398 | 5,428 | 5,238 | 4,983 |
| Repurchases of common stock | 14,250 | 63,732 | 122,784 | 17,319 |
| Dividends | 26,711 | 26,811 | 49,432 | 51,032 |
| Proceeds from stock option exercises | 199 | 1,444 | 273 | 28,208 |
| Payments related to tax withholding for share-based compensation | 1,473 | 28 | 1,326 | 90 |
| Net cash used in financing activities | -56,945 | -93,367 | -179,320 | -52,529 |
| Net cash used in operations before effect of exchange rate changes on cash | 24,015 | -63,550 | -115,393 | -44,412 |
| Effect of exchange rate changes on cash | -2,102 | 4,693 | 744 | -6,509 |
| Net decrease in cash, cash equivalents and restricted cash | 21,913 | -58,857 | -114,649 | -50,921 |
| Cash and cash equivalents at beginning of period | 503,608 | - | - | - |
| Cash and cash equivalents at end of period | 352,015 | - | - | - |
Wendy's Co (WEN)
Wendy's Co (WEN)