What is The Wendy's Co Company Operated Sales (USD Mil)?
Company Operated Sales (USD Mil) is the total sales from the restaurants operated by the company instead of by franchisees.
In the restaurant business, when a company decides to open a new store, it can either sell franchises or expand on its own. When the company decides to franchise, it sells its proven business system and brand to an investor. For example, an already successful restaurant can transfer the business model and brand to investors in other towns. If the main business decides to expand on its own, it buys the equipment and real estate necessary for expansion. With franchises, individual business owners control quality in an independent location.
The Wendy's Co's Company Operated Sales (USD Mil) for the quarter that ended in Dec. 2023 was 226.73
, which lower from pervious quarter (Sep. 2023)'s result by 3.41%.
The Wendy's Co's Company Operated Sales (USD Mil) for the annual that ended in Dec. 2023 was 930.08
, which higher from pervious year (Dec. 2022)'s result by 3.74%.
The historical rank and industry rank for The Wendy's Co's Company Operated Sales (USD Mil) or its related term are showing as below:
WEN's Company Operated Sales (USD Mil) is not ranked *
in the Restaurants industry.
Industry Median: * Ranked among companies with meaningful Company Operated Sales (USD Mil) only.
The Wendy's Co Company Operated Sales (USD Mil) Historical Data
The historical data trend for The Wendy's Co's Company Operated Sales (USD Mil) can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
* Premium members only.
The Wendy's Co Company Operated Sales (USD Mil) Chart
Competitive Comparison of The Wendy's Co's Company Operated Sales (USD Mil)
For the Restaurants subindustry, The Wendy's Co's Company Operated Sales (USD Mil), along with its competitors' market caps and Company Operated Sales (USD Mil) data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
The Wendy's Co (NAS:WEN) Company Operated Sales (USD Mil) Explanation
Company Operated Sales (USD Mil) is the total sales from the restaurants operated by the company instead of by franchisees.
In the restaurant business, when a company decides to open a new store, it can either sell franchises or expand on its own. When the company decides to franchise, it sells its proven business system and brand to an investor. For example, an already successful restaurant can transfer the business model and brand to investors in other towns. If the main business decides to expand on its own, it buys the equipment and real estate necessary for expansion. With franchises, individual business owners control quality in an independent location.
One of the key differences between franchise and chain stores is the amount of risk involved. When a company chooses to expand with chain stores, it assumes all of the risks on its own. It funds the entire expansion project. By comparison, when a company franchises, it passes some of the risks onto other investors. Franchising represents less risk for the parent company, but it shifts the risk to the franchisee.
The Wendy's Co Company Operated Sales (USD Mil) Related Terms
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The Wendy's Co (The Wendy's Co) Business Description
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.
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