| Stage | JHG | % of rev | WEN | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $690M | 100.00% | $571M | 100.00% | JHG ×1.21 |
| Gross profit | $489M | 70.87% | $313M | 54.80% | JHG +16.1pp |
| Operating income | $114M | 16.51% | $79M | 13.90% | JHG +2.6pp |
| Pre-tax income | $136M | 19.70% | $49M | 8.51% | JHG +11.2pp |
| Net income | $107M | 15.48% | $33M | 5.72% | JHG +9.8pp |
| Stage | JHG | WEN | Gap · A − B |
|---|---|---|---|
| Revenue | $690M100.00% | $571M100.00% | JHG ×1.21 |
| Gross profit | 70.87%$489M | 54.80%$313M | JHG +16.1pp |
| Operating income | 16.51%$114M | 13.90%$79M | JHG +2.6pp |
| Pre-tax income | 19.70%$136M | 8.51%$49M | JHG +11.2pp |
| Net income |
| 15.48%$107M |
| 5.72%$33M |
| JHG +9.8pp |
None
No disclosed counterparties: JHG.