
Wendy’s UK net profit dips 25.3% in 2024
The burger chain opened only one restaurant during the year.
Wendy’s UK reported a profit and total comprehensive income for the financial year 2024 of £638.3k, a 25.3% dip in profits when compared to £854.34k the year before.
Turnover was £33.96m for FY2024, an uptick of 6.4% compared to £31.91m in 2023. Cost of sales, however, jumped to £24.38m in FY2024 compared to £23.44m the year before.
Gross profit for the year was £9.58m.
Wendy’s UK ended 2024 with 13 company-operated restaurants and 24 franchise restaurants. Employee count dipped from 436 in 2023 to 423 in 2024.