Wendy's shares jumped 7% in pre-market trading on Friday following the release of its third-quarter 2025 earnings report. The fast-food chain outperformed analyst expectations on key financial metrics, despite facing challenges in sales growth.

The company reported adjusted earnings per share of $0.24, surpassing the analyst consensus estimate of $0.20. Revenue for the quarter came in at $549.5 million, while adjusted EBITDA reached $138 million, significantly beating the estimate of $123.5 million. These strong financial results appear to be the primary driver behind the stock's pre-market rally.

However, Wendy's did face some headwinds in the third quarter. The company reported a 3.7% decline in global same-restaurant sales growth and a 2.6% decrease in global systemwide sales growth. Despite these challenges, investors seem encouraged by Wendy's ability to maintain profitability and its decision to reaffirm its full-year 2025 outlook, suggesting confidence in the company's future performance and strategic direction.