Wendy's 2010 Annual Report Download - page 50

Download and view the complete annual report

Please find page 50 of the 2010 Wendy's annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 190

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168
  • 169
  • 170
  • 171
  • 172
  • 173
  • 174
  • 175
  • 176
  • 177
  • 178
  • 179
  • 180
  • 181
  • 182
  • 183
  • 184
  • 185
  • 186
  • 187
  • 188
  • 189
  • 190

(Wendy’s/Arby’s and Wendy’s/Arby’s Restaurants)
Fourth
Quarter
Restaurant statistics: 2010 2009 2008
Wendy’s same-store sales:
North America company-owned restaurants ...................... (1.7)% (1.7)% 3.6%
North America franchised restaurants ........................... (0.3)% (0.3)% 3.8%
North America system wide ................................... (0.6)% (0.7)% 3.7%
Arby’s same-store sales: 2010 2009 2008
North America company-owned restaurants ...................... (7.1)% (8.2)% (5.8)%
North America franchised restaurants ........................... (5.2)% (9.0)% (3.6)%
North America system wide ................................... (5.8)% (8.8)% (4.3)%
Restaurant count: Company-owned Franchised Systemwide
Wendy’s restaurant count:
Restaurant count at December 28, 2008 ......... 1,406 5,224 6,630
Opened .................................. 10 53 63
Closed ................................... (13) (139) (152)
Net (sold to) purchased by franchisees ........... (12) 12 —
Restaurant count at January 3, 2010 ........ 1,391 5,150 6,541
Opened .................................. 9 69 78
Closed ................................... (4) (39) (43)
Net (sold to) purchased by franchisees ........... (2) 2 —
Restaurant count at January 2, 2011 ........ 1,394 5,182 6,576
Arby’s restaurant count:
Restaurant count at December 28, 2008 ......... 1,176 2,580 3,756
Opened .................................. 5 54 59
Closed ................................... (23) (74) (97)
Net purchased from (sold by) franchisees ......... 11 (11) —
Restaurant count at January 3, 2010 ........ 1,169 2,549 3,718
Opened .................................. — 44 44
Closed ................................... (17) (96) (113)
Net (sold to) purchased by franchisees ........... (8) 8 —
Restaurant count at January 2, 2011 ........ 1,144 2,505 3,649
Total restaurant count at January 2,
2011 .......................... 2,538 7,687 10,225
2010 2009 2008
Company-owned average unit volumes: (52 weeks)
Wendy’s—North America (a) ......................... $1,417.8 $1,421.9 $1,452.9
Arby’s—North America ............................. $ 838.4 $ 896.7 $ 966.9
(a) Wendy’s data for 2008, other than average unit volumes, is only for the period commencing with the
September 29, 2008 merger date through the end of the fiscal year.
(b) Wendy’s “Operating profit (loss), net” includes the margin dollars for the bakery and kids’ meal promotion items
sold to franchisees.
44