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THE WENDY'S COMPANY REPORTS SECOND QUARTER 2021 RESULTS Dublin , Ohio ( August 11 , 2021 ) - The Wendy's Company ( Nasdaq : WEN ) today reported unaudited results for the second quarter ended July 4 , 2021 . " We are thrilled to once again increase our 2021 financial outlook across all key financial metrics , driven by a transformative quarter that showcased our continued momentum and the overall strength of our business , " President and Chief Executive Officer Todd Penegor said . “ Our robust growth continued in the second quarter , as sales significantly exceeded our expectations , leading to restaurant level margins of more than 20 percent and record profits , fueling our restaurant economic model . We are also excited to meaningfully increase our 2025 Global restaurant target to 8,500 to 9,000 , driven by a development commitment with REEF Kitchens , a new build to suit development fund , and incremental commitments through our latest new restaurant incentive program . Our business momentum , strong partnership and health of our franchisees , and the dedication of our restaurant crew and support center teams reaffirms our confidence that we will achieve our vision of becoming the world's most thriving and beloved restaurant brand . " Second Quarter 2021 Summary See " Disclosure Regarding Non - GAAP Financial Measures " and the reconciliation tables that accompany this release for a discussion and reconciliation of certain non - GAAP financial measures included in this release . Operational Highlights Systemwide Sales Growth ( 1 ) U.S. International ( 2 ) Global Same - Restaurant Sales Growth ( 1 ) U.S. International ( 2 ) Global Systemwide Sales ( In US $ Millions ) ( 3 ) U.S. Wendy's THE WENDY'S COMPANY International ( 2 ) Global Restaurant Openings U.S. - Total / Net International - Total / Net Global - Total / Net Global Reimaging Completion Percentage Second Quarter 2021 2020 20.6 % ( 4.0 ) % ( 24.5 ) % 48.2 % 22.9 % ( 6.2 ) % 16.1 % ( 4.4 ) % 31.4 % ( 18.4 ) % 17.4 % ( 5.8 ) % $ 2,897 $ 354 $ 3,251 22/10 21/18 43 / 28 $ 2,403 $ 220 $ 2,624 19/1 3 / 0 22 / 1 Exhibit 99.1 Year - to - Date 2021 2020 16.9 % ( 1.6 ) % 25.6 % ( 12.4 ) % 17.7 % ( 2.7 ) % 14.9 % ( 2.3 ) % 19.0 % ( 10.1 ) % 15.2 % ( 3.1 ) % 42/14 39 / 24 81/38 68 % $ 5,545 $ 4,744 $ 657 $ 493 $ 6,202 $ 5,237 46 / 10 17/8 63 / 18 61 % ( 1 ) Systemwide sales growth and same - restaurant sales growth are calculated on a constant currency basis and include sales by both Company operated and franchise restaurants . ( 2 ) Excludes Venezuela and Argentina . ( 3 ) Systemwide sales include sales at both Company - operated and franchise restaurants . 1