Wendy’s signs development pacts for 190 new restaurants in Italy, Armenia

The Wendy’s (WEN) Company announced the finalization of two new franchise agreements that will add up to 190 new Wendy’s restaurants across Italy and Armenia, marking a significant step forward in advancing the brand’s strategic priority to accelerate global net unit growth. These commitments support Wendy’s goal to achieve 70 percent of its unit growth outside the United States, with the company expecting to reach 2,000 international restaurants by 2028. Wendy’s has entered into an exclusive franchise agreement with Your Food S.R.L to develop 170 new Wendy’s restaurants across Italy through 2035, representing a significant acceleration of the brand’s European expansion. With extensive experience across the food and beverage industry, real estate, construction, hotel and resort industries, and financial services sectors, Your Food is well-positioned to bring Wendy’s to new Italian markets. The first two Wendy’s restaurants in Italy are planned to open mid-year 2026 in Milan, laying the foundation for long-term growth in the region. Wendy’s has signed an exclusive franchise agreement with Wen Restaurant LLC to develop 20 new Wendy’s restaurants in Armenia through 2030, further advancing the brand’s footprint in the Europe, Middle East and Africa region. Wen Restaurant, a recognized leader in the food, retail, hospitality, and distribution industries, brings deep operational expertise and market insights. The first Armenia Wendy’s location is expected to open in Yerevan’s city center.