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Wendy’s narrows FY24 adjusted EPS view to 99c-$1.01 from 98c-$1.02

Consensus for FY24 EPS is 99c. Narrows 2024 guidance for global systemwide sales growth to 3% from 3%-5%. Still sees 2024 cash flows from operations $365M-$385M, free cash flow: $275M-$285M and adjusted EBITDA $535M-$545M. Still sees 2024 CapEx $90M-$100M.

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