Wendy's (WEN) reported Q1 adjusted earnings Friday of $0.20 per diluted share, down from $0.23 a year earlier.
Analysts polled by FactSet expected $0.20.
Revenue for the quarter ended March 31 was $523.5 million, down from $534.8 million a year earlier.
Analysts surveyed by FactSet expected $525.4 million.
The company said it now expects 2025 adjusted EPS of $0.92 to $0.98 compared with a prior range of $0.98 to $1.02. Analysts polled by FactSet expect $1.