Conference call slide presentation materials

Second-Quarter 2015

Conference Call

August 5, 2015

Exhibit 99.1

DAVID POPLAR

Vice President

Investor Relations

Today’s Agenda

CEO Overview

Emil Brolick

Financial Update

Todd Penegor

Q&A

This presentation, and certain information that management may discuss in connection with this presentation,

contains certain statements that are not historical facts, including information concerning possible or

assumed future results of our operations. Those statements constitute “forward-looking statements” within

the meaning of the Private Securities Litigation Reform Act of 1995 (The “Reform Act”). For all forward-looking

statements, we claim the protection of the safe harbor for forward-looking statements contained in the

Reform Act.

Many important factors could affect our future results and could cause those results to differ materially from

those expressed in or implied by our forward-looking statements. Such factors, all of which are difficult or

impossible to predict accurately, and many of which are beyond our control, include but are not limited to

those identified under the caption “Forward-Looking Statements” in our news release issued on August 5,

2015 and in the “Special Note Regarding Forward-Looking Statements and Projections” and “Risk Factors”

sections of our most recent Form 10-K / Form 10-Qs.

In addition, this presentation and certain information management may discuss in connection with this

presentation reference non-GAAP financial measures, such as adjusted earnings before interest, taxes,

depreciation and amortization (or adjusted EBITDA), adjusted EBITDA margin and adjusted earnings per

share. Adjusted EBITDA, adjusted EBITDA margin and adjusted earnings per share exclude certain expenses,

net of certain benefits. Reconciliations of non-GAAP financial measures to the most directly comparable

GAAP financial measures are provided in the Appendix to this presentation, and are included in our news

release issued on August 5, 2015 and posted on www.aboutwendys.com.

Forward-Looking Statements and Non-GAAP

Financial Measures

EMIL BROLICK

President & CEO

NA COMPANY-OPERATED RESTAURANT

MARGIN INCREASES 40 BPS TO 18.2%

IMPROVEMENT OF 170 BPS IN ADJ.

EBITDA MARGIN* TO 21.3%

ADJ. EBITDA* UP 5.2% DESPITE SALE OF

141 COMPANY RESTAURANTS

COMPANY INTENDS TO ENTER INTO

~$165 MILLION ASR TRANSACTION

NA SYSTEMWIDE SRS INCREASE 2.2%;

5.4% ON A TWO-YEAR BASIS

*See Reconciliation of Adjusted EBITDA, Adjusted EBITDA Margin and Adjusted EPS in Appendix

2015 Balanced Across Core, LTO & Price/Value

LTO

Price/Value

Core

2015 Product Successes to Date

EXPERIENCE

HIGH

LOW

FUNCTIONAL

EMOTIONAL

Wendy’s: New QSR Quality, QSR Price

New

QSR

Traditional

QSR

HOW WE GROW

BRAND RELEVANCE + ECONOMIC RELEVANCE = GROWTH

Financial Management

Global Growth

Restaurant Utilization &

Brand Access

System Optimization

New Restaurant Growth

Image / Experience Activation

North America Same-Restaurant Sales Growth

Shareholder

Value-Enhancing

Initiatives

Core Organic

Growth

Strategies

System Optimization –

Quality of Earnings Evolution

50%

80%

20%

2012 (A)

~23% Co. Ownership

2017 (E)

~5% Co. Ownership

Rent &

Royalties

Company

Restaurants

Confident in Long-Term Outlook

Cut Above Brand

Positioning

Recipe to Win

Energized Franchisees

Committed to Growth

Strong Company &

Restaurant Economic

Models

TODD PENEGOR

Chief Financial Officer

$ Mils (except per-share amounts)

Second Quarter Financial Highlights

N.A. Systemwide SRS

2.2%

3.2%

2-Year 5.4%

N.A. Company SRS

2.4%

3.9%

2-Year 6.3%

N.A. Co. Rest. Margin

18.2%

17.8%

+40 bps

G&A

$60.8

$66.4

8.4%

Adjusted EBITDA*

$104.3

$99.1

5.2%

Adjusted EBITDA Margin*

21.3%

19.6%

+170

bps

Adjusted EPS*

$0.08

$0.09

-11.1%

2015**

2014**

B/(W)

* See Reconciliation of Adjusted EBITDA, Adjusted EBITDA Margin and Adjusted EPS in the Appendix.

** Due to the recent sale of its bakery business, the Company is reporting its bakery results as Discontinued Operations in its financial statements.

The Company has provided quarterly reclassified 2014 statements of operations on its website to conform to its current-year presentation.

Q2 2015 vs. Q2 2014: Adjusted EBITDA

* The Company has provided quarterly reclassified 2014 statements of operations on its website to conform to its current-year presentation.

** Due to the recent sale of its bakery business, the Company is reporting its bakery results as Discontinued Operations in its financial statements.

(Unaudited)

$ in millions

Improved Quality of Earnings: Adjusted EBITDA Margin Growth of 170 BPS

$104.2

$99.1

$104.3

($6.6)

($1.0)

($4.2)

$5.7

$2.7

$2.5

$1.5

($0.5)

2014 Q2 Reported

Adj. EBITDA

LY Gains on

Rest. Sales &

Surplus Property*

LY Bakery

EBITDA**

2014 Q2 Revised

Adj. EBITDA

G&A

Savings

Franchise

Fees

(Canadian

TAFs)

Impact

Core Restaurant

EBITDA

Other

Disposed Rest.

EBITDA

(SO II)

2015 Q2

Adj. EBITDA

2015 Image Activation On Track

Total System Annual

Reimages & New Builds

Total System Cumulative

Reimages & New Builds

450

Reimages

New

234

486

530

2011A

2012A

2013A

2014A

2015E

308

794

1,324

2011A

2012A

2013A

2014A

2015E

System Optimization Update

Canada System

Optimization

•

Sold

remaining restaurants during

•

Commitment to build more than 60 new

restaurants in Canada

•

Reinvestment of

proceeds in Canadian

Build-to-Suit program

U.S. System

Optimization

•

Plan

to sell an additional 540

restaurants: 280 in 2015 and 260 in 2016

•

Strong interest in all markets

•

Expect pre-tax proceeds of $400-$475M

System Optimization II

System Optimization III

ONGOING SYSTEM OPTIMIZATION

Rental Revenue Evolution –

Expect $100M Growth

Total = $68M

2014* (A)

2017 (E)

Owned

Properties

Leased

Properties

Total = $170M

By 2017 expect to monetize ~70% of our owned real estate properties

* 2014 actuals exclude ~$1M of rental revenue related to the Bakery business

$ millions

$21

$47

$100

$70

•

Successfully completed $850 million share repurchase

•

Announced today plans to enter in to an Accelerated Share

Repurchase Transaction for approximately $165 million

•

Expect to utilize remaining $400 million authorization by end

of 2016

Share Repurchase Update

Company previously announced $1.4 billion share

repurchase program on June 3

2015 Outlook

•

Reaffirming

•

G&A expense of approximately $250 million

•

Capital expenditures of approximately $240 to $250 million

•

Depreciation and amortization to be approximately flat to prior year

•

Revising

•

Company-operated SRS growth of 2.0-2.5 percent

•

Company-operated restaurant margin outlook of 17.0 to 17.5 percent

•

Reported effective tax rate of 38 to 40%

Increasing Adjusted EBITDA to $385 to $390 million

Reaffirming Adjusted EPS of $0.31 to $0.33

2020 Goals

$2MM

20%

1.3x+

1,000

AUVs

Restaurant

Margins

Sales to

Investment

Ratio

New NA

Restaurants

60%

Total

Reimaged NA

Restaurants

BRAND

RELEVANCE

ECONOMIC MODEL

RELEVANCE

Achievement requires two growth drivers:

DAVID POPLAR

Vice President

Investor Relations

(614) 764-3311

david.poplar@wendys.com

2015 Investor Relations Calendar: Key Dates

September 10

CL King (NYC) Conference

October 15

Image Activation Market Visit with

Goldman Sachs (Dublin)

November 4

3Q Earnings Release

November 18

Morgan Stanley Conference

December 9

Wedbush Conference

Q&A

Appendix

Reconciliation of Adjusted EBITDA from Continuing Operations to Net Income

2015

2014

2015

2014

Adjusted EBITDA from continuing operations

104,286

99,102

185,097

171,219

(Less) plus:

Depreciation and amortization

(39,335)

(37,998)

(74,880)

(78,578)

System optimization gains, net

15,654

1,418

14,849

74,395

Reorganization and realignment costs

(6,279)

(1,276)

(10,892)

(15,987)

Impairment of long-lived assets

(10,018)

(77)

(11,955)

(2,606)

Operating profit

64,308

61,169

102,219

148,443

Interest expense

(17,201)

(13,083)

(29,944)

(26,025)

Loss on early extinguishment of debt

(7,295)

Other income, net

272

856

511

1,377

Income from continuing operations before income taxes

40,084

48,942

65,491

123,795

Provision for income taxes

(15,259)

(21,615)

(22,516)

(51,459)

Income from continuing operations

24,825

27,327

42,975

72,336

Discontinued operations:

Income from discontinued operations, net of income taxes

231

1,680

9,588

2,974

Gain on disposal of discontinued operations, net of income taxes

15,139

Net income from discontinued operations

15,370

1,680

24,727

2,974

Net income

40,195

29,007

67,702

75,310

Adjusted EBITDA margin

21.3%

19.6%

19.7%

16.9%

Previously reported Adjusted EBITDA

104,232

191,566

Updated to exclude net gain on disposal of assets

(970)

(13,021)

Updated to exclude Adjusted EBITDA from our bakery's discontinued operations

(4,160)

(7,326)

Six Months

Three Months

Adjusted EBITDA from continuing operations

99,102

171,219

2014 Adjusted EBITDA updated to conform to the current year presentation.

Reconciliation of Adjusted Income and Adjusted Earnings Per Share from

Continuing Operations to Net Income and Diluted Earnings Per Share

Per share

Adjusted income and adjusted earnings per share from continuing operations

28,701

0.08

31,952

0.09

(Less) plus:

Impairment of long-lived assets

(6,145)

(0.02)

0.00

Loss on early extinguishment of debt

(4,479)

(0.01)

Reorganization and realignment costs

(3,842)

(0.01)

(271)

(0.00)

Depreciation of assets that will be replaced as part of the Image Activation initiative

(2,629)

(0.01)

(3,369)

(0.01)

System optimization gains (losses), net

13,219

0.04

(1,009)

(0.01)

Total adjustments

(3,876)

(0.01)

(4,625)

(0.02)

Income from continuing operations

24,825

0.07

27,327

0.07

Net income from discontinued operations

15,370

0.04

1,680

Net income

40,195

0.11

29,007

0.08

Previously

reported

adjusted

income

and

adjusted

earning

per

34,217

0.09

Updated to exclude net gain on disposal of assets

(598)

Updated to exclude adjusted income from our bakery's discontinued operations

(1,667)

Adjusted income and adjusted earning per share from continuing operations

31,952

0.09

Per share

Adjusted income and adjusted earnings per share from continuing operations

51,069

0.14

49,481

0.13

(Less) plus:

Impairment of long-lived assets

(7,340)

(0.02)

(1,486)

(0.00)

Reorganization and realignment costs

(6,688)

(0.02)

(9,009)

(0.02)

Loss on early extinguishment of debt

(4,479)

(0.01)

Depreciation of assets that will be replaced as part of the Image Activation initiative

(2,520)

(0.01)

(9,266)

(0.03)

System optimization gains, net

12,933

0.04

42,616

0.11

Total adjustments

(8,094)

(0.02)

22,855

0.06

Income from continuing operations

42,975

0.12

72,336

0.19

Net income from discontinued operations

24,727

0.07

2,974

0.01

Net income

67,702

0.18

75,310

0.20

Previously

reported

adjusted

income

and

adjusted

earning

per

60,466

0.16

Updated to exclude net gain on disposal of assets

(8,033)

(0.02)

Updated to exclude adjusted income from our bakery's discontinued operations

(2,952)

(0.01)

Adjusted income and adjusted earning per share from continuing operations

49,481

0.13

2014 Adjusted income and adjusted earnings per share updated to conform to the current year presentation.

2015

2014

Six Months

Three Months

2015

2014