571M 6.7%
Total Revenue QoQ (USD) - Q2 '24

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Income Statement (USD)

Q2 '24 QoQ
Revenue 571M 6.7%
Gross Profit 286M 13.3%
Cost of Revenue 285M 0.9%
Operating expense 85M 6.2%
Net Income 55M 30.1%
EBITDA 110M 19.4%

Balance Sheet (USD)

Q2 '24 QoQ
Total Assets 5.09B 2%
Total Liabilities 4.81B 1.7%
Total Equity 274M 6.8%
Shares Outstanding 204M 0.6%

Cash Flow (USD)

Q2 '24 QoQ
Cash from operations 45M 54.5%
Cash from investing -23M 11.2%
Cash from financing -90M 23.6%

EPS

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Financial Highlights for Wendy's in Q2 '24

Wendy's reported a revenue of 571M, which is a 6.7% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.

Gross Profit stood at 286M, marking a 13.3% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.

Cost of Revenue was 285M, a 0.9% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.

Operating Expenses for this period were 85M, showing a -6.2% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.

Net Income for the quarter was 55M, showing a 30.1% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.

The company's EBITDA for the quarter was 110M, showing a 19.4% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.

It was a positive quarter for Wendy's with growth in revenue, gross profit, and net income.

The analytics provided are estimates and not a substitute for professional advice. All investments involve risks, including possible capital loss.
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