The Wendy’s Co. engages in operating, developing, and franchising a system of quick-service restaurants. The company is headquartered in Dublin Ohio, Ohio and currently employs 4,833 full-time employees. The firm operates through three segments: Wendy’s U.S., Wendy’s International and Global Real Estate & Development. The Wendy’s U.S. segment includes the operation and franchising of Wendy’s restaurants in the United States. The Wendy’s International segment includes the operation and franchising of Wendy’s restaurants in countries and territories other than the United States. The Global Real Estate & Development segment includes real estate activity for owned sites and sites leased from third parties, which are leased and/or subleased to franchisees, and also includes its share of the income of its TimWen real estate joint venture. The firm has approximately 5,994 Wendy’s restaurants in operation in the United States. Of these restaurants, 403 were operated by the Company and 5,591 were operated by a total of 217 franchisees.