The Wendy's Company (NASDAQ: WEN) announced the grand opening of its 500th international restaurant location in Guatemala City, Guatemala by franchise organization Alimentos Corporativos Coralsa.
Alimentos Corporativos Coralsa joined the Wendy's® system in 2015 and currently operates a total of 13 restaurants in Guatemala, employing more than 400 Wendy's team members.
"In the past year we've grown our international portfolio by more than 60 net new restaurants," said Todd Penegor, President and CEO of The Wendy's Company. "This is a great achievement that we attribute to the strength of our brand and partnerships with exceptional and dedicated franchisees who are committed to developing Wendy's abroad."
The opening of the 500th international restaurant in Guatemala in late December follows recent openings of new international Wendy's locations in Brazil, Chile, Indonesia, Japan and Malaysia, to name a few.
"We have an outstanding group of international franchise partners who play an essential role in the growth and success of our brand, and we are dedicated to helping them build strong, profitable restaurant businesses," said Bob Wright, EVP, Chief Operations Officer & International of The Wendy's Company. "At Wendy's, our goal is to Delight Every Customer in every restaurant around the world. It's this shared commitment that has resulted in the successful growth of our international business."
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