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The Wendy's Co (STU:TQK) Payments on Behalf of Employees


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What is The Wendy's Co Payments on Behalf of Employees?

Payments on Behalf of Employees only applicable to companies reporting Cash Flow from Operations in direct method.

The Wendy's Co (STU:TQK) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » The Wendy's Co (STU:TQK) » Definitions » Payments on Behalf of Employees
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Traded in Other Exchanges
WEN:USA TQK:Germany
Address
One Dave Thomas Boulevard, Dublin, OH, USA, 43017
Website
https://www.wendys.com
The Wendy's Company is the second-largest burger quick-service restaurant, or QSR, chain in the United States by systemwide sales, with $11.7 billion in 2022, narrowly edging Burger King ($10.3 billion) and clocking in well behind wide-moat McDonald's ($48.1 billion). After divestitures of Tim Hortons (2006) and Arby's (2011), the firm manages just the burger banner, generating sales across a footprint that spanned almost 7,100 total units in 30 countries as of year-end 2022. Wendy's generates revenue from the sale of hamburgers, chicken sandwiches, salads, and fries throughout its company-owned footprint, through franchise royalty and marketing fund payments remitted by its franchisees, which account for 94% of stores, and through franchise flipping and advisory fees.