Restaurant News Resource - The Wendy’s Company Restaurant Industry News

Company-operated restaurant margin was 11.8 percent in the first quarter of 2012, compared to 13.4 percent in the first quarter of 2011. The margin decline was due primarily to the impact from higher commodity costs – especially for fresh beef – and the impact from unfavorable product mix.

The Wendy’s Company (NASDAQ: WEN) announced the declaration of its regular quarterly cash dividend of $0.02 per share, payable on June 15, 2012 to stockholders of record as of June 1, 2012.

The Wendy’s Company (NASDAQ: WEN) today announced an agreement with The Wissol Group to develop 25 restaurants in Georgia and the Republic of Azerbaijan over the next 10 years.

The Wendy’s Company (NASDAQ: WEN) announced the appointment of Craig S. Bahner, 47, as Chief Marketing Officer and a member of its Executive Leadership Team, effective April 2. Bahner will report to Wendy’s President and Chief Executive Officer Emil Brolick.

Consolidated revenues were $615.0 million in the fourth quarter of 2011, a 5.6 percent increase compared to $582.6 million in the fourth quarter of 2010.

Consolidated revenues were $615.0 million in the fourth quarter of 2011, an increase of 5.6 percent compared to $582.6 million in the fourth quarter of 2010.

The Wendy’s Company (NASDAQ: WEN) announced plans to build 20 and remodel 50 Company-operated restaurants in the U.S. and Canada in 2012 with new, bold and contemporary designs that greatly enhance the customer experience.

The Wendy’s Company™ announced the grand opening of the first joint venture Wendy’s® restaurant in Japan, located in Tokyo’s Omotesando area.

The Wendy’s Company (NYSE: WEN) announced it will transfer its stock listing to The NASDAQ Stock Market. The Company’s common stock will begin trading on the NASDAQ Global Select Market on Dec. 27, 2011, and will continue to trade under the ticker symbol 'WEN.'

As a result, the Company will close its Atlanta Restaurant Support Center operations in late 2012 and move at least 170 positions to Ohio. For the past three years, Wendy’s® has operated restaurant support centers in both Dublin and Atlanta.