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Wendy’s reaffirms FY25 asjuted EPS view 82-89c, consensus 85c

Sees FY25 Global systemwide sales growth (5.0%)-(3.0%). Lowers FY25 capital expenditures and franchise development fund investments to $135M-$145M from $165M-$175M; and raises free cash flow view to $195M-$210M from $160M-$175M.

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