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): February 18, 2003

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

           Delaware                        1-2207              38-0471180
          ---------                       -------              ----------
(State or other jurisdiction of         (Commission           (IRS Employer
        incorporation)                  File Number)      Identification Number)

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

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

-------------------------------------                   --------------
(Former name or former address,                          (Zip Code)
 if changed since last report)

Item 9.  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  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. or Arby's, Inc.

     Our  subsidiary  Arby's,  Inc. has  delivered  to certain  parties a report
containing certain unaudited  financial and operating  information in accordance
with the terms of the  indenture  relating to the 7.44% fixed rate insured notes
due 2020 issued by its subsidiary Arby's Franchise Trust. The information within
the  report  is  subject  to  finalization  including  the  effect  of any audit
adjustments. Such report, which reflects Arby's U.S. and Canadian operations for
the period from October 1, 2002 through December 29 or 31, 2002 (as applicable),
was prepared in accordance  with the reporting  requirements  of such indenture,
and  not  in  accordance   with  generally   accepted   accounting   principles.
Accordingly,  pursuant to  Regulation  FD,  Triarc is  furnishing in this Report
certain unaudited  information  reflected in the Arby's report that has not been
previously publicly disclosed, as follows:

         o        During the period October 1 to December 31, 2002 Arby's
                  reported collections of franchise royalties of approximately
                  $22.9 million from U.S. and Canadian Arby's franchisees.

         o        During the period October 1 to December 31, 2002 Arby's
                  reported gross collections (including royalties) from U.S. and
                  Canadian franchisees of approximately $24.1 million and
                  reported servicing expenses of approximately $8.2 million.

         o        During the period October 1 to December 31, 2002 Arby's
                  reported total United Sates and Canadian systemwide Arby's
                  sales of approximately $684.4 million and that the average
                  royalty rate was 3.42% during this period.

         o        Arby's reported that during the period September 30 to
                  December 29, 2002, there were 51 Arby's restaurants opened and
                  16 restaurants closed (generally, under performing
                  restaurants) in the United States and Canada. As of December
                  29, 2002, there were 3,250 Arby's restaurants in the United
                  States and 130 restaurants in Canada.

         o        Arby's reported that as of December 31, 2002, the annual unit
                  volume for the preceding twelve months for Arby's U.S. and
                  Canadian franchisees was approximately $825,000.


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

                                            TRIARC COMPANIES, INC.

Date:    February 18, 2003                  By: /s/ Francis T. McCarron
                                            Francis T. McCarron
                                            Senior Vice President and
                                            Chief Financial Officer