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Website: http://www.wendys.com Wendy's International is one of the world's largest restaurant companies. It is best known for Wendy's restaurants which offer hamburgers, chili, salads and Frosty shakes. Wendy's is the third largest hamburger chain in the world with over 6,300 locations in the USA and 300 internationally. About 2/3 of the company's restaurants are franchised. Founded in 1994, Pasta Pomodoro operates 46 Italian restaurants in California and Arizona and averages about $1.4 million in annual sales per restaurant and $12 to $14 per guest check. Wendy's owns approximately 29 percent of Pasta Pomodoro. Triarc Companies, owner of Arby's chain, announced it would acquire Wendy's in April for $2.3 billion in stock. Wendy's International reported revenues of $2.4 billion in 2007. Net income was $87.8 million. Wendy's launched a 99-cent double cheesburger in December 2007 called the Stack Attack. Approximately 1,000 Wendy's restaurants now offer a breakfast menu. The total number of system-wide Wendy's restaurants as of December 30, 2007, was 6,645, compared to 6,673 at year-end 2006. This reflects the opening of 92 restaurants and the closure of 120 restaurants. History The company was founded by Dave Thomas who opened the first Wendy's Old Fashioned Hamburgers restaurant on Nov. 15, 1969 in Columbus, OH. The restaurant was named after one of his daughters. Thomas was already a successful entrepreneur who had owned several KFC restaurants. He focused on providing fresh, made-to-order hamburgers for customers. Thomas appeared in many of the chain's TV commercials before passing away in 2002. In 2006, Wendy's spun off Tim Horton's - a donut chain with over 2,700 outlets in Canada and 300+ in the U.S. -- in an IPO. It also sold off the Baja Fresh chain for $31 million. Benefits and Pay - Medical/Dental/Prescription Updated April 26, 2008 |