UNITED STATES
                  SECURITIES AND EXCHANGE COMMISSION
                       Washington, D.C. 20549

                             FORM 12b-25

                                                 Commission File Number 1-2207

                   NOTIFICATION OF LATE FILING

(Check One):   [ ]Form 10-K [ ]Form 20-F [ ]Form 11-K [X]Form 10-Q [ ]Form N-SAR
                  For Period Ended: October 3, 1999
               [ ] Transition Report on Form 10-K
               [ ] Transition Report on Form 20-F
               [ ] Transition Report on Form 11-K
               [ ] Transition Report on Form 10-Q
               [ ] Transition Report on Form N-SAR
               For the Transition Period Ended: __________________________

If the notification  relates to a portion of the filing checked above,  identify
the item(s) to which the notification relates:
- --------------------------------------------------------------------------------
PART 1--REGISTRANT INFORMATION

TRIARC COMPANIES, INC.
- ----------------------
(Full Name of Registrant)

- ---------------------------
(Former Name if Applicable)

280 Park Avenue
- ----------------
(Address of Principal Executive Office (Street and Number))

New York, New York 10017
- ------------------------
(City, State and Zip Code)

PART II--Rules 12b-25(b) AND (c)
If the subject report could not be filed without  unreasonable effort or expense
and the registrant seeks relief pursuant to Rule 12b-25(b), the following should
be completed. (Check box if appropriate)

           | (a) The reasons  described in reasonable detail in Part III of this
           | form  could  not  be eliminated  without  unreasonable  effort  or
           | expense;
           | (b)  The  subject  annual  report,  semi-annual  report, transition
           | report on Form 10-K,  Form 20-F,  11-K,  Form N-SAR,  or portion
[X]        | thereof, will be filed on or before the fifteenth  calendar day
           | following the  prescribed  due date; or the subject  quarterly
           | report or  transition  report on Form 10-Q,  or portion  thereof
           | will be filed on or  before the fifth  calendar day following  the
           | prescribed  due  date;  and
           | (c)  The  accountant's statement  or other  exhibit  required by
           | Rule  12b-25(c)  has been attached if applicable.






PART III--NARRATIVE
State below in reasonable detail the reasons why the Form 10-K, 11-K, 10-Q,
N-SAR, or the transition report or portion thereof, could not be filed within
the prescribed time period. (Attach Extra Sheets if Needed)

         Triarc   Companies,   Inc.  (the  "Company")  could  not  complete  the
         electronic  filing of its Quarterly  Report on Form 10-Q for the fiscal
         quarter  ended  October  3, 1999 (the  "Form  10-Q") by the  prescribed
         filing date of November 17, 1999 without unreasonable effort or expense
         as a result of the following:

         Triarc Consumer Products Group, LLC ("TCPG"), a wholly-owned subsidiary
         of the  Company,  has been in the  process  of  registering  for resale
         $300.0 million  principal amount of 10 1/4% senior  subordinated  notes
         due 2009 (the  "Notes")  with the  Securities  and Exchange  Commission
         ("SEC").  The registration  statement was not declared effective by the
         SEC by August 24, 1999 and, in accordance  with the indenture  pursuant
         to which the Notes were issued,  the annual  interest rate on the Notes
         increased  by 1/2% to 10 3/4%  and will  remain  at 10 3/4%  until  the
         Registration  Statement  is  declared  effective.  TCPG has  focused on
         responding to the most recent SEC Staff comment letter on amendment No.
         2 to the registration statement dated October 25, 1999. On November 12,
         1999,  TCPG filed amendment No. 3 to the  registration  statement along
         with a response to the SEC's  comment  letter on amendment No. 2 to the
         registration  statement  (collectively,  the  "TCPG  Filing").  The key
         personnel  at the  Company  and  TCPG  that  were  responsible  for the
         preparation of the TCPG Filing are also  responsible  for the Company's
         filings  with the SEC. In order to attempt to minimize  the period that
         TCPG will incur  penalty  interest,  the decision was made to have such
         key personnel  concentrate on the  completion of the TCPG Filing;  this
         attempt was  faciliated  by being able to file  amendment  No. 3 to the
         registration  statement with second quarter financial statements.  As a
         result,  the Company has been unable to complete  the Form 10-Q for the
         quarter ended October 3, 1999 without unreasonable effort or expense.


PART IV--OTHER INFORMATION

(1)Name and telephone number of person to contact in regard to this notification

    Fred Schaefer                  (212)                      451-3000
    -------------                  -----                      --------
        (Name)                   (Area Code)             (Telephone Number)

(2) Have all other  periodic  reports  required under Section 13 or 15(d) of the
Securities  Exchange Act of 1934 or Section 30 of the Investment  Company Act of
1940  during  the  preceding  12  months  or for such  shorter  period  that the
registrant was required to file such report(s) been filed?
If answer is no, identify report(s).   [X] Yes    [  ] No

(3) Is it anticipated that any significant  change in results of operations from
the  corresponding  period for the last  fiscal  year will be  reflected  by the
earnings statement to be included in the subject report or portion thereof?
[X] Yes [ ] No

If so, attach an explanation of the  anticipated  change,  both  narratively and
quantitatively, and, if appropriate, state the reasons why a reasonable estimate
of the results cannot be made.

See Annex A hereto.





                             TRIARC COMPANIES, INC.
                  (Name of Registrant as Specified in Charter)

has caused this notification to be signed on its behalf by the undersigned
hereunto duly authorized.


Date: November 18, 1999         By:/s/ Fred H. Schaefer
                                -------------------------------------
                                Fred H. Schaefer
                                Vice President and Chief Accounting Officer




                                                                       Annex A


     For the  reasons  stated in Part III to this  Form  12b-25,  the  condensed
consolidated  financial statements of the Company for the quarterly period ended
October 3, 1999 have not been completed. The Company, however, expects to report
in its Form  10-Q,  with  respect  to the nine  months  ended  October  3, 1999,
revenues of $679.7 million,  operating profit of $65.5 million and net income of
$5.1 million compared with revenues of $652.0 million, operating profit of $61.5
million and net income of $14.5 million for the nine months ended  September 27,
1998.  With  respect to the three  months  ended  October 3, 1999,  the  Company
expects to report revenues of $250.7 million,  operating profit of $30.8 million
and net  income of $14.2  million  compared  with  revenues  of $247.0  million,
operating  profit of $28.8  million and net income of $2.3 million for the three
months ended  September  27, 1998.  The increase in revenues in the 1999 periods
compared  with the 1998  periods  is due to  higher  revenues  of the  Company's
premium  beverage  segment  reflecting  both  higher  volume and higher  average
selling prices. The increase in operating profit for the nine-month period ended
October 3, 1999 compared with the nine-month  period ended September 27, 1998 is
due to higher gross  profit  reflecting  the  increase in revenues  noted above,
partially  offset by higher  operating  costs and  expenses in the 1999  period,
including  a  non-recurring  capital  structure  reorganization  related  charge
principally  recorded in the first and second  quarters of 1999. The increase in
operating profit for the three-month  period ended October 3, 1999 compared with
the three-month  period ended September 27, 1998 is due to lower operating costs
and expenses in the 1999 period,  reflecting  reduced  advertising,  selling and
distribution  expenses  and higher  gross  profit  reflecting  the  increase  in
revenues noted above. The decrease in net income for the nine-month period ended
October 3, 1999 compared  with the  nine-month  period ended  September 27, 1998
resulted  from  the  after-tax  effect  of net  higher  non-operating  expenses,
principally  interest  expense,  a higher  effective income tax rate in the 1999
period  and an  extraordinary  charge in the 1999  period  related  to the early
extinguishment  of debt,  all partially  offset by the  after-tax  effect of the
previously discussed increase in operating profit and an increase in income from
discontinued  operations,  reflecting the sale of the Company's  interest in its
propane  business in the 1999 third quarter.  The increase in net income for the
three-month  period ended October 3, 1999 compared with the  three-month  period
ended  September 27, 1998 resulted from the after-tax  effect of the  previously
discussed  increase  in  operating  profit,  the  after-tax  effect of net lower
non-operating  expenses  reflecting  higher  investment  income and income  from
discontinued  operations in the 1999 quarter reflecting the previously discussed
sale of the Company's interest in its propane business,  all partially offset by
a higher effective income tax rate in the 1999 quarter.