Wendy's US same-restaurant sales growth in fiscal 2026
Short Answer
1. Market Behavior & Drivers
- Fiscal 2026 U.S. sales are likely to exceed -8% given April's improved performance.
- April's -6.4% U.S. same-restaurant sales make exceeding -7% highly probable.
- Management's H2 2026 growth outlook could see full-year sales exceed -6%.
Who Wins and Why
| Outcome | Market | Model | Why |
|---|---|---|---|
| Above -5% | 35.0% | 47.6% | Model higher by 12.6pp |
| Above -6% | 57.0% | 59.1% | Model higher by 2.1pp |
| Above -7% | 77.0% | 74.7% | Market higher by 2.3pp |
| Above -10% | 97.0% | 91.6% | Market higher by 5.4pp |
| Above -8% | 81.0% | 87.0% | Model higher by 6.0pp |
Current Context
Sources (13)
- 1THE WENDY'S COMPANY REPORTS FIRST QUARTER...irwendys.com
- 2Wendy's (WEN) Q1 2026 Earnings Call Transcript | The Motley Foolfool.com
- 3Wendy’s Q1 2026 earnings hit by traffic decline | WEN Quarterly Report (10-Q)stocktitan.net
- 4The Wendy’s Company: Store Execution Is Improving, But U.S. Recovery Is Still Missing | Seeking Alphaseekingalpha.com
- 5A Tale Of Two Wendy’s: Beneath The Wild Meme-Stock Surge | Trefistrefis.com
- 6Wendy’s Stock Beats on Revenue but EPS Falls 40%: Is the Turnaround Real? | TIKR.comtikr.com
- 7WEN_Q12026, Page: 4Octagon Agentoctagonai.co
- 8WEN_Q12026, Page: 3Octagon Agentoctagonai.co
- 9WEN_Q12026, Page: 7Octagon Agentoctagonai.co
- 10www.zacks.comOctagon Agentzacks.com
- 11www.prnewswire.comOctagon Agentprnewswire.com
- 12www.zacks.comOctagon Agentzacks.com
- 13Wendy's US same-restaurant sales growth in fiscal 2026kalshi.com
2. Price Chart
Historical Price (Probability)
3. Significant Price Movements
Notable price changes detected in the chart, along with research into what caused each movement.
Outcome: Above -8%
📈 July 30, 2026: 14.0pp spike
Price increased from 75.0% to 89.0%
Outcome: Above -10%
📈 July 29, 2026: 90.0pp spike
Price increased from 1.0% to 91.0%
Sources (16)
- 1Wendy's shares surge on short-squeeze hopes: Is this the next meme stock?invezz.com
- 2New fast-food meme stock surges 25% as retail traders pile in - AOLaol.com
- 3A Tale Of Two Wendy's: Beneath The Wild Meme-Stock...trefis.com
- 4Wall Street Lunch: Wendy's Joins Meme-Stock Mania After WallStreetBets Push | Seeking Alphaseekingalpha.com
- 5www.prnewswire.comOctagon Agentprnewswire.com
- 6www.zacks.comOctagon Agentzacks.com
- 7www.zacks.comOctagon Agentzacks.com
- 8247wallst.comOctagon Agent
- 9247wallst.comOctagon Agent
- 10www.prnewswire.comOctagon Agentprnewswire.com
- 11Wendy's US same-restaurant sales growth in fiscal 2026kalshi.com
- 12WEN_Q12026, Page: 3Octagon Agentoctagonai.co
- 13THE WENDY'S COMPANY REPORTS FIRST QUARTER...irwendys.com
- 14Wendy’s Bets on ‘Project Fresh’ to Reverse U.S. Sales Declines - QSR Magazineqsrmagazine.com
- 15Wendy's Stock Is Soaring 20% Overnight — Retail Traders...finance.yahoo.com
- 16Wendy's hits over seven-month high as retail traders spark...reuters.com
4. Market Data
Contract Snapshot
This market resolves based on Wendy’s US same-restaurant sales growth for fiscal 2026. A "YES" position resolves if the fiscal 2026 growth percentage is above the threshold specified in the contract (e.g., above -5%), while a "NO" position resolves if it is at or below that threshold. Trading for this market concludes on February 25, 4:00 PM EST, with a maximum payout date of May 26, 2027.
Available Contracts
Market options and current pricing
| Outcome bucket | Yes (price) | No (price) | Last trade probability |
|---|---|---|---|
| Above -10% | $0.99 | $0.12 | 97% |
| Above -9% | $0.95 | $0.10 | 96% |
| Above -8% | $0.90 | $0.18 | 81% |
| Above -7% | $0.95 | $0.31 | 77% |
| Above -6% | $0.95 | $0.44 | 57% |
| Above -5% | $0.93 | $0.63 | 35% |
| Above -4% | $0.26 | $0.82 | 16% |
| Above -3% | $0.30 | $0.95 | 11% |
Market Discussion
5. Trust Index
Order book is critically thin.
Primary risk· Trade quality
Includes the cost to trade: a $1,000 order can't be filled here because the order book is too thin.
Weighted blend with hard caps — a critically weak safety pillar, or a severe trading anomaly, caps the total regardless of the rest. Full methodology · About the Trust Index
6. What specific components of the 'Project Fresh' initiative are expected to drive Wendy's sales growth in the second half of fiscal 2026?
| Project Fresh launch | October 2025 [1][2][3][4][5] |
|---|---|
| Expected sales growth return | Second half of fiscal 2026 [1][6][7][8][9][10][11] |
| Project Fresh adoption rate | About 25% fully adopted and another 25% in process [6][7][8][9][10][11] |
Sources (13)
- 1Wendy's Bets on 'Project Fresh' to Reverse U.S. Sales...qsrmagazine.com
- 2Wendy's (WEN) Q1 2026 Earnings Call Transcript - AOLaol.com
- 3The Wendy's Company (WEN) Q1 2026 Earnings Call Transcript & Audiostockanalysis.com
- 4Wendy's (WEN) Q1 2026 Earnings Call Transcript | The Motley Foolfool.com
- 5News Detailsirwendys.com
- 6WEN_Q12026, Page: 1Octagon Agentoctagonai.co
- 7WEN_Q12026, Page: 5Octagon Agentoctagonai.co
- 8WEN_Q12026, Page: 10Octagon Agentoctagonai.co
- 9WEN_Q12026, Page: 8Octagon Agentoctagonai.co
- 10WEN_Q12026, Page: 6Octagon Agentoctagonai.co
- 11WEN_Q12026, Page: 9Octagon Agentoctagonai.co
- 12Wendy's Q1 sales decline 7.8% as Project Fresh...qsrweb.com
- 13Wendy's Project Fresh: Inside the Turnaround Plan That Wall Street Isn't Buying | QSR Proqsr.pro
7. How do Wall Street analyst forecasts for Wendy's Q2-Q4 2026 U.S. sales align with the company's internal guidance for sequential improvement?
| Global Systemwide Sales Growth 2026 Outlook | Flat (internal outlook) [1][2][3] |
|---|---|
| US Same-Restaurant Sales 2026 Outlook | Sequential improvement after negative Q1 (internal outlook) [1][2][3] |
| US Same-Restaurant Sales Q1 2026 | -7.8% [2] |
Sources (5)
- 1Wendy's (WEN) Q4 2025 Earnings Call Transcript | The Motley Foolfool.com
- 2THE WENDY'S COMPANY REPORTS FIRST QUARTER...prnewswire.com
- 3Wendy's Co (WEN) 8-K Earnings Release - May 2026last10k.com
- 4Wendy's US same-restaurant sales growth in Q2kalshi.com
- 5Wendy's US same-restaurant sales growth in fiscal 2026kalshi.com
8. How did Wendy's Q1 2026 same-restaurant sales performance compare to key competitors like McDonald's and Burger King?
| Wendy's Q1 2026 US Same-Restaurant Sales | -7.8% (compared to prior year) [1][2] |
|---|---|
| Primary reason for sales decline | Lower traffic, severe weather, changes in operating hours [1][2] |
| Competitive standing | Lagged key burger peers [3][4][5][6][7][8] |
Sources (8)
- 1THE WENDY'S COMPANY REPORTS FIRST QUARTER...irwendys.com
- 2Wendy’s Q1 sales decline 7.8% as Project Fresh turnaround gains momentum | QSR Webqsrweb.com
- 3WEN_Q12026, Page: 3Octagon Agentoctagonai.co
- 4www.prnewswire.comOctagon Agentprnewswire.com
- 5www.prnewswire.comOctagon Agentprnewswire.com
- 6www.globenewswire.comOctagon Agentglobenewswire.com
- 7www.prnewswire.comOctagon Agentprnewswire.com
- 8www.globenewswire.comOctagon Agentglobenewswire.com
9. Which key performance indicators in Wendy's upcoming Q2 2026 earnings report will be most crucial for forecasting full-year sales growth?
| Q1 2026 U.S. Same-Restaurant Sales Decline | 7.8% [1] |
|---|---|
| Q2 2026 Early U.S. Same-Restaurant Sales Decline (April) | 6.4% [2] |
| FY 2026 Global Systemwide Sales Guidance | Flat [3][4] |
Sources (5)
- 1THE WENDY'S COMPANY REPORTS FIRST QUARTER...irwendys.com
- 2Wendy's Co (WEN) 8-K Earnings Release - May 2026last10k.com
- 3Wendy's (WEN) Q1 2026 Earnings Call Transcript | The Motley Foolfool.com
- 4Wendy’s Bets on ‘Project Fresh’ to Reverse U.S. Sales Declines - QSR Magazineqsrmagazine.com
- 5Wendy's sales fell again last quarternrn.com
10. Based on Wendy's performance in past fiscal years, how often has a negative Q1 been followed by a strong enough H2 recovery to meet full-year guidance?
| FY2026 Q1 US same-restaurant sales | Declined 7.8% (Wendy's official reports [1][2]) |
|---|---|
| FY2025 Q1 US same-restaurant sales | Declined 2.8% (Wendy's official reports [2][3]) |
| Consecutive years of global same-restaurant sales growth (as of 2023) | 13 years (Company statements [4][5]) |
Sources (12)
- 1THE WENDY'S COMPANY REPORTS FIRST QUARTER 2026 RESULTSprnewswire.com
- 2Wendy's (WEN) Q1 2026 Earnings Call Transcript | The Motley Foolfool.com
- 3The Wendy's Company - THE WENDY'S COMPANY REPORTS FIRST QUARTER 2025 RESULTSirwendys.com
- 4THE WENDY'S COMPANY REPORTS FOURTH QUARTER AND FULL-YEAR 2024 RESULTS, PROVIDES 2025 OUTLOOK, AND UPDATES ITS CAPITAL ALLOCATION POLICY | Nasdaqnasdaq.com
- 5The Wendy's Company - THE WENDY'S COMPANY REPORTS FOURTH QUARTER AND FULL YEAR 2023 RESULTSirwendys.com
- 6Wendy's Co (10-K) - 2022-FY, Page: 38Octagon Agentoctagonai.co
- 7Wendy's Co (10-K) - 2022-FY, Page: 34Octagon Agentoctagonai.co
- 8Wendy's Co (10-K) - 2022-FY, Page: 44Octagon Agentoctagonai.co
- 9Wendy's Co (10-K) - 2022-FY, Page: 45Octagon Agentoctagonai.co
- 10Wendy's Co (10-K) - 2022-FY, Page: 33Octagon Agentoctagonai.co
- 11Wendy's Co (10-K) - 2022-FY, Page: 32Octagon Agentoctagonai.co
- 12The Wendy’s Company: Store Execution Is Improving, But U.S. Recovery Is Still Missing | Seeking Alphaseekingalpha.com
11. What Could Change the Odds
Key Catalysts
Key Dates & Catalysts
- Expiration: May 26, 2027
- Closes: May 26, 2027
Sources (16)
- 1THE WENDY'S COMPANY REPORTS FIRST QUARTER...prnewswire.com
- 2Wendy's Co (WEN) 8-K Earnings Release - May 2026last10k.com
- 3THE WENDY'S COMPANY REPORTS FIRST QUARTER 2026 RESULTS | Morningstarmorningstar.com
- 4Wendy's (WEN) Q1 2026 Earnings Call Transcript | The Motley Foolfool.com
- 5Wendy's (WEN) Q1 2026 Earnings Call Transcript - The Globe and Mailtheglobeandmail.com
- 6Wendy’s (WEN) Reaffirms 2026 Outlook Even as U.S. Traffic Weakness Drags First-Quarter Results - Alphastreetnews.alphastreet.com
- 7www.zacks.comOctagon Agentzacks.com
- 8www.prnewswire.comOctagon Agentprnewswire.com
- 9www.zacks.comOctagon Agentzacks.com
- 10247wallst.comOctagon Agent
- 11247wallst.comOctagon Agent
- 12www.prnewswire.comOctagon Agentprnewswire.com
- 13Daybreak Weekend: US Tech, BOE Decision, BOJ Meeting | Bloomberg Daybreak: US Editionyoutube.com
- 14Operational Alpha in Private Markets: Manager Research & GP Staking with Chris Brimsekyoutube.com
- 15The Golden Age of Absolute Returns? With Davidson Kempner’s Managing Partner and CIO, Tony Yoseloffyoutube.com
- 16The Golden Age of Absolute Returns? With Davidson Kempner’s Managing Partner and CIO, Tony Yosel...youtube.com