Risk factors

Wendy's (WEN) risk factors

Item 1A of every Wendy's Co. 10-K on file, and what changed from one year to the next. Readings are automated and can be wrong; check the filing for the exact wording.

  • FY2025 10-K risk factors
    34 risks2 new4 dropped20 reworded

    Wendy's adds focus on franchisee capital planning and heightened competition from grocery and convenience stores.

    Filed Feb 23, 2026
  • FY2024 10-K risk factors
    36 risks

    Wendy's risk profile is dominated by its heavy reliance on a 95 percent franchised restaurant network. High debt levels, commodity cost inflation, and evolving digital and cyber threats also heavily impact results.

    Filed Feb 21, 2025