The Wendy's (WEN) Q3 2018 Results - Earnings Call Transcript

Nov. 07, 2018 5:05 PM ETThe Wendy's Company (WEN)
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The Wendy's Co. (NASDAQ:WEN) Q3 2018 Earnings Call November 7, 2018 9:00 AM ET


Greg Lemenchick - The Wendy's Co.

Todd A. Penegor - The Wendy's Co.

Gunther Plosch - The Wendy's Co.


Michael W. Gallo - C.L. King & Associates, Inc.

Eric Gonzalez - KeyBanc Capital Markets

Jeffrey A. Bernstein - Barclays Capital, Inc.

Brian Bittner - Oppenheimer & Co., Inc.

John Glass - Morgan Stanley & Co. LLC

Jake Rowland Bartlett - SunTrust Robinson Humphrey, Inc.

Gregory R. Francfort - Bank of America Merrill Lynch

Dennis Geiger - UBS Securities LLC

Jeff D. Farmer - Gordon Haskett Research Advisors

Matthew Robert McGinley - Evercore ISI

Hugh Gooding - Stephens, Inc.

Andrew Strelzik - BMO Capital Markets (United States)

Brandon Sonnemaker - JPMorgan


Ladies and gentlemen, thank you for standing by. Welcome to The Wendy's Company Earnings Results Conference Call. I will now turn the conference over to Greg Lemenchick, Director, Investor Relations. Please go ahead, sir.

Greg Lemenchick - The Wendy's Co.

Thank you, and good morning, everyone. Today's conference call and webcast includes a PowerPoint presentation, which is available on the Investors section of our website

Before we begin please take note of the Safe Harbor statement that appears at the end of our earnings release. This disclosure reminds investors that certain information we may discuss today is forward-looking. Various factors could affect our results and cause those results to differ materially from the projections set forth in our forward-looking statements.

Also, some of today's comments will reference non-GAAP financial measures such as adjusted revenue, adjusted EBITDA, adjusted EBITDA margin, adjusted earnings per share, adjusted tax rate, free cash flow and systemwide sales. Investors should refer to our reconciliations of non-GAAP financial measures to the most directly comparable GAAP measure.

On our conference

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