Washington, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT
       Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

         Date of Report (date of earliest event reported): July 14, 2005

                             TRIARC COMPANIES, Inc.
             (Exact name of registrant as specified in its charter)

        Delaware                         1-2207                 38-0471180
(State or other jurisdiction    (Commission File Number)       (IRS Employer
    of incorporation)                                        Identification No.)

            280 Park Avenue
              New York, NY                               10017
 (Address of principal executive offices)              (Zip Code)

      Registrant's telephone number, including area code: (212) 451-3000

                                 Not Applicable
         (Former name or former address, if changed since last report)

     Check the  appropriate  box below if the Form 8-K  filing  is  intended  to
simultaneously  satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):

     |_| Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)

     |_| Soliciting material pursuant to Rule 14a-12 under the Exchange Act 
(17 CFR 240.14a-12)

     |_| Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))

     |_| Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))

Item 7.01.        Regulation FD Disclosure

     The information in this Report is being furnished,  not filed,  pursuant to
Regulation  FD. The  information  in this Report  shall not be  incorporated  by
reference  into any  registration  statement  pursuant to the  Securities Act of
1933, as amended (the  "Securities  Act").  The furnishing of the information in
this Report is not intended  to, and does not,  constitute  a  determination  or
admission  that the  information  in this Report is material,  or that investors
should  consider this  information  before  making an  investment  decision with
respect to any security of Triarc  Companies,  Inc.  ("Triarc" or the "Company),
Arby's Restaurant Group, Inc. ("ARG") or its subsidiary Arby's, LLC.

     As  previously  announced,  ARG and Arby's  Restaurant  Holdings,  LLC,  an
indirect  wholly owned  subsidiary of Triarc ("ARH" and,  together with ARG, the
"Borrowers"),  entered into a Commitment  Letter,  dated as of May 27, 2005 (the
"Commitment Letter") with Citicorp North America, Inc., Citigroup Global Markets
Inc., Bank of America,  N.A.,  Banc of America  Securities LLC and Credit Suisse
(collectively,  the "Lenders")  relating to a $700 million senior secured credit
facility  consisting  of a $600  million  Senior Term Loan B Facility and a $100
million Senior  Revolving  Credit  Facility (with a $30 million  subfacility for
letters of credit) (the "Bank Financing") to be made available by the Lenders to
the  Borrowers  to be  used  in  connection  with  the  acquisition  of the  RTM
Restaurant Group ("RTM") (the "RTM Acquisition"), the payment of certain related
fees and expenses and other corporate purposes.

     In  connection  with  the  Bank  Financing,  the  Borrowers  have  provided
potential  lenders with a copy of a presentation  dated June 28, 2005 (the "June
28  Lenders'  Presentation").  Certain  information  contained  in the  June  28
Lenders'  Presentation was previously furnished by Triarc in a Current Report on
Form 8-K dated June 28, 2005 (the "June 28 Form 8-K").  Triarc has posted on its
website  a copy of the  June 28  Lenders'  Presentation  which  includes,  as an
appendix thereto, certain reconciliations (that were included in the Exhibits to
the June 28 Form 8-K) of non-GAAP financial information contained in the June 28
Lenders' Presentation (the "Reconciliations"),  but which excludes certain pages
of the June 28 Lenders' Presentation that Triarc believes contains non-material,
proprietary information (the June 28 Lenders Presentation, in the form posted on
Triarc's  website,  the  "Lenders  Presentation").   The  Lenders'  Presentation
(including the Reconciliations) may be found under  "Presentations" in the "News
and Events" section at www.triarc.com.

     Certain   information   contained   in  the   Lenders'   Presentation   and
Reconciliations,  is subject to adjustment  and may differ from the  information
that will be filed by Triarc in a subsequent  Form 8-K  following  completion of
the RTM  Acquisition  in  accordance  with  the  relevant  Form 8-K  rules.  The
adjustments  used to  prepare  certain  information  contained  in the  Lenders'
Presentation  and  Reconciliations  is based on  preliminary  estimates and will
likely  differ from the  adjustments  that will be used to prepare the pro forma
financial  information  that will be  included  in the  subsequent  Form 8-K. No
assurances can be given that the RTM Acquisition will be consummated. If the RTM
Acquisition  is  consummated,  actual  results  may  vary  materially  from  the
expectations contained herein.

     The  statements  in  this  Form  8-K,  and  in  the  Lenders'  Presentation
(including the  Reconciliations),  concerning possible or assumed future results
of operations of Triarc,  ARG,  Arby's,  LLC or RTM and statements  preceded by,
followed by, or that include the words "may,"  "believes,"  "plans,"  "expects,"
"anticipates"  or the  negation  thereof,  or  similar  expressions,  constitute
"forward-looking  statements"  within  the  meaning  of the  Private  Securities
Litigation  Reform Act of 1995 (the "Reform Act").  All statements  that address
operating  performance,  events or developments that are expected or anticipated
to occur  in the  future,  including  statements  relating  to  revenue  growth,
earnings per share growth or statements expressing general optimism about future
operating  results,  are  forward-looking  statements  within the meaning of the
Reform  Act.  These   forward-looking   statements  are  based  on  our  current
expectations,  speak only as of the date of this Form 8-K and are susceptible to
a number  of  risks,  uncertainties  and  other  factors.  Our  actual  results,
performance and  achievements,  and those of ARG, Arby's,  LLC or RTM may differ
materially  from any future results,  performance or  achievements  expressed or
implied by such forward-looking  statements.  For those statements, we claim the
protection of the safe harbor for  forward-looking  statements  contained in the
Reform Act. Many  important  factors could affect such future  results and could
cause  those  results  to  differ   materially   from  those  expressed  in  the
forward-looking  statements  contained herein. Such factors include, but are not
limited to, the following:

     o  competition,  including  pricing  pressures and the potential  impact of
        competitors' new units on sales by Arby's(R) restaurants;

     o consumers' perceptions of the relative quality,  variety and value of the
       food products the Company offers;

     o success of operating initiatives;

     o development costs;

     o advertising and promotional efforts;

     o brand awareness;

     o the existence or absence of positive or adverse publicity;

     o new product and concept  development by the Company and its  competitors,
       and market acceptance of such new product offerings and concepts;

     o changes in consumer tastes and preferences,  including  changes resulting
       from concerns over nutritional or safety aspects of beef, poultry, french
       fries or other foods or the effects of food-borne  illnesses such as 
       "mad cow disease" and avian influenza or "bird flu";

     o changes in spending patterns and demographic trends;

     o the business and financial viability of key franchisees;

     o the timely payment of franchisee obligations due to the Company;

     o availability,  location and terms of sites for restaurant  development by
       the Company and its franchisees;

     o the  ability of the  Company's  franchisees  to open new  restaurants in
       accordance  with  their  development  commitments,   including  the 
       ability of franchisees to finance restaurant development;

     o delays in opening new restaurants or completing remodels;

     o anticipated or unanticipated  restaurant  closures by the Company and its

     o the  Company's  ability  to  identify,   attract  and  retain  potential
       franchisees  with sufficient  experience and financial  resources to
       develop and operate Arby's restaurants;

     o changes in business strategy or development plans, and the willingness of
       the Company's franchisees to participate in its strategy;

     o business  abilities and judgment of the  Company's  and its  franchisees'
       management and other personnel;

     o availability of qualified  restaurant personnel to the Company and to its

     o the Company's ability, if necessary,  to secure alternative  distribution
       of supplies of food,  equipment  and other  products  to Arby's  
       restaurants at competitive rates and in adequate amounts, and the
       potential financial impact of any interruptions in such distribution;

     o changes  in  commodity  (including  beef),  labor,  supplies  and  other
       operating costs and availability and cost of insurance;

     o adverse weather conditions;

     o availability,  terms (including changes in interest rates) and deployment
       of capital;

     o changes in legal or self-regulatory  requirements,  including franchising
       laws,  accounting  standards,  environmental laws, overtime rules, 
       minimum wage rates and taxation rates;

     o the costs,  uncertainties  and other effects of legal, environmental and
       administrative proceedings;

     o the  impact of  general  economic  conditions  on  consumer  spending  or
       securities investing, including a slower consumer economy and the effects
       of war or terrorist activities;

     o the Company's ability to identify appropriate  acquisition targets in the
       future and to successfully  integrate any future  acquisitions into its 
       existing operations; and

     o other risks and  uncertainties  affecting the Company  referred to in its
       Annual  Report on Form  10-K for the  fiscal  year ended January 2, 2005
       (see especially "Item 1. Business--Risk Factors" and "Item 7. 
       Management's Discussion and Analysis of Financial Condition and Results
       of Operations") and in its other current and periodic filings with the 
       Securities and Exchange Commission, all of which are difficult or 
       impossible  to predict  accurately  and many of which are beyond the 
       Company's control.

     All future written and oral forward-looking  statements  attributable to us
or any person acting on our behalf are expressly  qualified in their entirety by
the  cautionary  statements  contained  or  referred  to  above.  New  risks and
uncertainties  arise from time to time,  and it is impossible  for us to predict
these  events or how they may affect us. We assume no  obligation  to update any
forward-looking  statements  after  the date of this Form 8-K as a result of new
information,  future  events or  developments,  except as  required  by  federal
securities  laws.  In  addition,  it is our  policy  generally  not to make  any
specific  projections  as  to  future  earnings,  and  we  do  not  endorse  any
projections regarding future performance that may be made by third parties.


     Pursuant to the requirements of the Securities Exchange Act of 1934, Triarc
has duly  caused  this  report  to be signed  on its  behalf by the  undersigned
hereunto duly authorized.

Dated: July 14, 2005

                             TRIARC COMPANIES, INC.

                             By: /s/STUART ROSEN
                                Stuart I. Rosen
                                Senior Vice President 
                                and Associate General Counsel