Wendy's 2012 Annual Report Download - page 40

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2012 2011 2010
Sales:
Wendy’s .................................... $2,129.3 $2,050.1 $1,980.6
Bakery and other (a) ........................... 69.0 76.5 98.5
Total sales ............................... $2,198.3 $2,126.6 $2,079.1
%of
Sales
%of
Sales
%of
Sales
Cost of sales:
Wendy’s ....................................
Food and paper ........................... $ 707.3 33.2% $ 679.5 33.1% $ 638.8 32.2%
Restaurant labor .......................... 641.3 30.1% 613.2 29.9% 590.0 29.8%
Occupancy, advertising and other operating
costs .................................. 483.6 22.7% 470.6 23.0% 458.6 23.2%
Total cost of sales ...................... 1,832.2 86.0% 1,763.3 86.0% 1,687.4 85.2%
Bakery and other (a) ........................... 49.0 n/m 52.8 n/m 69.6 n/m
Total cost of sales ...................... $1,881.2 85.6% $1,816.1 85.4% $1,757.0 84.5%
2012 2011 2010
Margin $:
Wendy’s ......................................... $297.1 $286.8 $293.2
Bakery and other (a) ................................ 20.0 23.7 28.9
Total margin .................................. $317.1 $310.5 $322.1
Wendy’s restaurant margin % ............................. 14.0% 14.0% 14.8%
(a) During the first quarter of 2011, QSCC began managing the operations for kids’ meal promotion items sold to
franchisees.
New Method Old Method
2012 2011 2010 2012 2011 2010
Wendy’s restaurant statistics:
North America same-store sales: ..................
Company-owned restaurants ................. 1.6% 2.0% (1.7)% 1.5% 2.0% (1.7)%
Franchised restaurants ...................... 1.6% 1.9% (0.3)% 1.6% 1.9% (0.3)%
Systemwide .............................. 1.6% 1.9% (0.6)% 1.5% 1.9% (0.6)%
Total same-store sales: ..........................
Company-owned restaurants ................. 1.6% 2.0% (1.7)% 1.5% 2.0% (1.7)%
Franchised restaurants (a) ................... 1.7% 2.0% (0.3)% 1.6% 2.0% (0.3)%
Systemwide (a) ........................... 1.7% 2.0% (0.6)% 1.6% 2.0% (0.6)%
(a) Includes international franchised restaurants same-store sales.
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