Wendy's Opens 500th International Restaurant

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Jan 09, 2018, 07:30 ET

DUBLIN, Ohio, Jan. 9, 2018 /PRNewswire/ -- The Wendy's Company (NASDAQ: WEN) announced the grand opening of its 500^th international restaurant location in Guatemala City, Guatemala by franchise organization Alimentos Corporativos Coralsa.

Alimentos Corporativos Coralsa joined the Wendy's® system in 2015 and currently operates a total of 13 restaurants in Guatemala, employing more than 400 Wendy's team members.

"In the past year we've grown our international portfolio by more than 60 net new restaurants," said Todd Penegor, President and CEO of The Wendy's Company. "This is a great achievement that we attribute to the strength of our brand and partnerships with exceptional and dedicated franchisees who are committed to developing Wendy's abroad."

The opening of the 500^th international restaurant in Guatemala in late December follows recent openings of new international Wendy's locations in Brazil, Chile, Indonesia, Japan and Malaysia, to name a few.

"We have an outstanding group of international franchise partners who play an essential role in the growth and success of our brand, and we are dedicated to helping them build strong, profitable restaurant businesses," said Bob Wright, EVP, Chief Operations Officer & International of The Wendy's Company. "At Wendy's, our goal is to Delight Every Customer in every restaurant around the world. It's this shared commitment that has resulted in the successful growth of our international business."

About The Wendy's Company
The Wendy's Company is the world's third-largest quick-service hamburger company. The Wendy's system includes approximately 6,500 franchise and Company-operated restaurants in the United States and 30 countries and U.S. territories worldwide. For more information, visit www.aboutwendys.com.

Note: International restaurants within the Wendy's system are those located outside the U.S. and Canada, and include restaurants in the U.S. territories of Guam, Puerto Rico and U.S. Virgin Islands.

SOURCE The Wendy's Company