The Wendy's Company reported preliminary unaudited results for the fourth quarter and full year ended December 28, 2014. The company plans to release its audited financial results on or before February 26, 2015.
"Wendy's made significant strategic and financial progress in 2014," President and Chief Executive Officer Emil Brolick said. "Last year we set a target of 410 reimaged and new Image Activation restaurants for 2014, and we surpassed our goal with the opening or commencement of construction of 486 Systemwide reimaged and new restaurants, including franchisee adoption that exceeded our expectations with 216 reimaged and 43 new Image Activation restaurants. As of the end of 2014, the Wendy's system has opened or initiated construction on 794 cumulative reimaged and new restaurants since 2011.