The Wendy’s Company
The Wendy’s Company is the world’s third largest quick-service hamburger company. Wendy’s was founded in 1969 and is currently headquartered in Dublin, Ohio. The Wendy’s system includes more than 6,500 franchise and company restaurants in the U.S. and 29 other countries and U.S. territories worldwide. Wendy’s Restaurants is the parent company of Wendy’s International, LLC, which is the owner and franchisor of Wendy’s restaurant system in the United States. About three-fourths of the company’s locations are franchised and generate most of its sales. Freestanding Wendy’s restaurants include a drive-thru window in addition to a dining room. Besides burgers and fries, the restaurants serve chicken sandwiches, wraps, and a variety of salads. Wendy’s also offers their unique form of milkshake with their famous Frosty.
Wendy’s currently has a credit rating of B from Standard and Poor’s and a long-term rating of B2 from Moody’s.
- Industry: QSR
- Holding Company: The Wendy’s Company
- Lease Structure: NNN
- S&P Bond Rating: B
- Moody’s Bond Rating: B2
- Website: http://www.wendys.com/