Wendy's — Aug 8, 2025 release

2025 Outlook The Company Reaffirms: Global net unit growth: 2 to 3 percent Capital expenditures and franchise development fund investments: $165 to $175 million The Company Now Expects:        Current    Previous Global systemwide sales growth    (5.0) to (3.0) percent    (2.0) percent to flat Adjusted earnings per share    $0.82 to $0.89    $0.92 to $0.98 Adjusted EBITDA    $505 to $525 million    $530 to $545 million Free cash flow, excluding expenditures related to the franchise development fund    $225 to $240 million    $250 to $270 million Free cash flow    $160 to $175 million    $185 to $205 million As previously disclosed, the Company modified its definition of free cash flow to reflect expenditures related to its franchise development fund beginning with its first quarter 2025 results. Conference Call and Webcast Scheduled for 8:30 a.m. Today, August 8 The Company will host a conference call on Friday, August 8 at 8:30 a.m. ET, with a simultaneous webcast from the Company’s Investor Relations website at www.irwendys.com . The related presentation materials will also be available on the Company’s Investor Relations website. The live conference call will be available by telephone at (844) 200-6205 for domestic callers and (929) 526-1599 for international callers, both using event ID 14129. A replay of the webcast will be available on the Company’s Investor Relations website.   3