Wendy's 2012 Annual Report Download - page 145

STOCK PERFORMANCE
The following performance graph shows The Wendy’s Company’s cumulative total stockholder return on its Common Stock
relative to the S&P Midcap 400 Index and to a specified peer group of restaurant companies for the five fiscal years ended
December 30, 2012. For 2012, we changed the companies comprising our restaurant peer group to more appropriately reflect
the scope of our operations and to match our competitive market. In accordance with SEC rules, the graph includes the
cumulative returns for both our 2012 peer group and our 2011 peer group. The measurement points in the graph are the last
trading days of our 2007, 2008, 2009, 2010, 2011 and 2012 fiscal years. The returns set forth below assume an initial investment
of $100 and that all dividends were reinvested when received.
On September 29, 2008, Wendy’s International, Inc. merged with, and became a wholly-owned subsidiary of, Triarc Companies,
Inc. (“Triarc”), and Triarc changed its name to Wendy’s/Arby’s Group, Inc. (“Wendy’s/Arby’s”). In conjunction with the merger,
Wendy’s/Arby’s assumed the WEN trading symbol on the New York Stock Exchange (“NYSE”). As such, historical stock price
information through and including September 29, 2008 reflects the performance of Triarc’s Class A Common Stock, which
traded on NYSE under the symbol TRY.
On July 5, 2011, following the completion of its sale of the Arby’s business, Wendy’s/Arby’s changed its name to The Wendy’s
Company. On December 27, 2011, The Wendy’s Company transferred the listing of its Common Stock to the NASDAQ Global
Select Market, where it trades under the symbol WEN.
(1) The companies that comprise the 2012 Peer Group are: AFC Enterprises, Inc., Brinker International, Inc., Burger King Worldwide, Inc.,
Chipotle Mexican Grill, Inc., Darden Restaurants, Inc., Dunkin’ Brands Group, Inc., DineEquity, Inc., Jack In The Box Inc., McDonald’s
Corporation, Panera Bread Co., Red Robin Gourmet Burgers Inc., Ruby Tuesday, Inc., Sonic Corp., Starbucks Corporation, The Wendy’s
Company, Tim Hortons Inc. and YUM! Brands, Inc. For purposes of the performance graph, the returns of the companies in the 2012 Peer
Group have been weighted according to their market capitalization as of the beginning of each period indicated.
(2) The companies that comprise the 2011 Peer Group are: AFC Enterprises, Inc., Bob Evans Farms, Inc., Brinker International, Inc., CEC
Entertainment, Inc., Chipotle Mexican Grill, Inc., Cracker Barrel Old Country Store, Inc., Darden Restaurants, Inc., Denny’s Corporation,
DineEquity, Inc., Jack In The Box Inc., McDonald’s Corporation, Ruby Tuesday, Inc., Sonic Corp., Starbucks Corporation, The Cheesecake
Factory Incorporated, The Wendy’s Company and YUM! Brands, Inc. For purposes of the performance graph, the returns of the
companies in the 2011 Peer Group have been weighted according to their market capitalization as of the beginning of each period
indicated.
* This performance graph does not constitute soliciting material and should not be deemed filed or incorporated by reference into any
filing by The Wendy’s Company under the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended, except
to the extent The Wendy’s Company specifically incorporates this performance graph by reference into such other filing.
Source: Research Data Group, Inc.
COMPARISON OF 5-YEAR CUMULATIVE TOTAL RETURN*
(The Wendy’s Company vs. S&P Midcap 400 Index, 2012 Peer Group and 2011 Peer Group)
12/28/07 9/29/08 12/26/08 12/31/09 12/31/10 12/30/11 12/28/12
The Wendy’s Company $100.00 $ 71.24 $57.57 $ 57.58 $ 57.54 $ 67.85 $ 61.17
S&P Midcap 400 $100.00 $ 85.66 $63.77 $ 87.61 $110.94 $109.02 $128.51
2012 Peer Group (1) $100.00 $ 92.50 $88.64 $105.56 $141.01 $186.20 $186.39
2011 Peer Group (2) $100.00 $ 92.52 $88.27 $106.29 $141.57 $185.88 $185.24
$200
$150
$100
$50
$0