Form Type and Filing Date: 8-K current report filed by The Wendy's Company on February 13, 2026, reporting events as of that same date Item 2.02 - Results of Operations and Financial Condition: The filing indicates disclosure of results of operations and financial condition information Item 8.01 - Financial Statements and Exhibits: The filing includes financial statements and exhibits as…

Our analysis rates this filing BEARISH. Wendy's faces a HIGH concern level (7.2/10) driven by severe operational deterioration in its core US market, which represents the majority of system sales and profitability. The 11.3% Q4 same-store sales decline is particularly alarming and represents…

Concern level: HIGH (7.2/10). Key factors: Severe US same-store sales decline of 11.3% in Q4 2025 (vs. +4.1% in Q4 2024), representing a 15.4 percentage point deterioration in core market performance; Global systemwide sales contraction of 8.3% in Q4 2025, with US operations down 10.5%, overwhelming positive international growth of 6.2%; Continued net restaurant closures in US (36 units in 2025),…

Notable risk changes: US same-restaurant sales collapsed 11.3% in Q4 2025 (vs. +4.1% in Q4 2024), representing a 15.4 percentage point deterioration and indicating severe operational challenges in the core market; Global systemwide sales declined 8.3% in Q4 2025 despite international growth of 6.2%, showing that US weakness is overwhelming positive international performance and creating overall business contraction;…

The model predicts WEN will outperform the S&P 500 by about 0.0% over 30 days. This is model analysis for research, not investment advice.