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v3.25.3

Segment Information Reconciliation of Profit from Segments to Consolidated (Details) - USD ($) $ in Thousands | 3 Months Ended | 9 Months Ended
--- | --- | ---
Sep. 28, 2025 | Sep. 29, 2024 | Sep. 28, 2025 | Sep. 29, 2024
Segment Reporting, Reconciling Item for Profit from Segment to Consolidated |  |  |  |
Segment profit | $ 92,049 | $ 94,675 | $ 279,435 | $ 275,338
Unallocated franchise support and other costs | (17,519) | (16,047) | (51,184) | (47,011)
Advertising funds surplus | 173 | 190 | 457 | 651
Unallocated general and administrative | (57,909) | (62,794) | (185,598) | (188,047)
Depreciation and amortization (exclusive of amortization of cloud computing arrangements shown separately below) | (38,393) | (36,996) | (111,932) | (110,006)
Amortization of cloud computing arrangements | (5,226) | (3,576) | (13,449) | (10,637)
System optimization gains, net | 29 | 420 | 326 | 573
Reorganization and realignment costs | (316) | (354) | 202 | (8,479)
Impairment of long-lived assets | (2,257) | (178) | (5,364) | (2,873)
Unallocated other operating income, net | 7,005 | 5,068 | 16,321 | 11,564
Interest expense, net | (31,543) | (31,270) | (93,965) | (92,800)
Investment (loss) income, net | 0 | 0 | (1,718) | 11
Other income, net | 2,730 | 6,246 | 10,301 | 19,382
Income before income taxes | 63,236 | 69,651 | 194,053 | 201,931
Corporate and Other |  |  |  |
Segment Reporting, Reconciling Item for Profit from Segment to Consolidated |  |  |  |
Unallocated franchise support and other costs | (227) | (900) | (1,472) | (1,117)
Unallocated general and administrative | (23,806) | (32,443) | (88,445) | (98,289)
Unallocated other operating income, net | 138 | 439 | 4,412 | 1,301
Operating Segments |  |  |  |
Segment Reporting, Reconciling Item for Profit from Segment to Consolidated |  |  |  |
Segment profit | 161,934 | 168,073 | 494,700 | 504,214
Operating Segments | Wendy's U.S. |  |  |  |
Segment Reporting, Reconciling Item for Profit from Segment to Consolidated |  |  |  |
Segment profit | 123,286 | 129,790 | 381,422 | 392,323
Unallocated franchise support and other costs | (14,623) | (12,426) | (41,478) | (38,511)
Unallocated general and administrative | (20,575) | (18,812) | (62,618) | (56,804)
Operating Segments | Wendy's International |  |  |  |
Segment Reporting, Reconciling Item for Profit from Segment to Consolidated |  |  |  |
Segment profit | 11,068 | 11,046 | 33,738 | 32,411
Advertising funds surplus | 650 | 170 | 1,769 | 640
Unallocated general and administrative | (7,780) | (6,816) | (20,917) | (19,363)
Operating Segments | Global Real Estate & Development |  |  |  |
Segment Reporting, Reconciling Item for Profit from Segment to Consolidated |  |  |  |
Segment profit | 27,580 | 27,237 | 79,540 | 79,480
Unallocated general and administrative | $ (5,748) | $ (4,723) | $ (13,618) | $ (13,591)

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