Denny’s(DENN)
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Northland Acquires Full Rights to Denny's Canada, Reinforcing Commitment to Growth and Canadian Guests
Globenewswire· 2026-01-20 14:42
Core Insights - Northland Properties has acquired the trademarks, intellectual property, and exclusive rights to the Denny's brand in Canada, marking a significant milestone in their 35-year partnership with the brand [1] - The acquisition reinforces Northland's commitment to Denny's long-term success and allows for tailored decision-making to meet the unique needs of Canadian guests [3][5] Company Overview - Denny's Canada operates 85 restaurants nationwide, employing over 3,500 Canadians, with 57 locations owned by Northland Properties and 28 franchised [2] - The brand is recognized for its comfort food and warm hospitality, making it a popular dining destination in Canadian communities [2][10] Strategic Intent - Northland Properties aims to responsibly grow Denny's presence across Canada while ensuring stability for franchisees, employees, and guests [7] - The acquisition allows Northland to invest in menu innovation, restaurant development, and enhance service quality, thereby strengthening Denny's relevance with Canadian guests [5][7]
Denny's Corporation Announces Completion of Acquisition by TriArtisan Capital Advisors, Treville Capital Group and Yadav Enterprises
Globenewswire· 2026-01-16 19:05
SPARTANBURG, S.C., Jan. 16, 2026 (GLOBE NEWSWIRE) -- Denny’s Corporation (the “Company” or “Denny’s”) (NASDAQ: DENN), owner and operator of Denny’s Inc. and Keke’s Inc., today announced the successful completion of its previously announced acquisition by TriArtisan Capital Advisors LLC (“TriArtisan”), Treville Capital Group (“Treville”) and Yadav Enterprises, Inc. (“Yadav Enterprises”). The transaction closed following approval by Denny’s stockholders as well as satisfaction of all required regulatory and c ...
Wall Street Lunch: Trump Turns Up Heat On Powell After Inflation Cools (undefined:JPM)
Seeking Alpha· 2026-01-13 19:17
Economic Indicators - Core consumer prices rose 0.2% month-over-month in December, matching November's pace and below the 0.3% consensus, resulting in a year-over-year increase of 2.6%, slightly under the 2.7% forecast [2] - Headline CPI increased by 0.3% month-over-month and 2.7% year-over-year, aligning with monthly expectations but slightly exceeding annual forecasts, with shelter costs being the largest contributor at 0.4% [2] Central Bank Actions - Global central bank officials, including leaders from the ECB, BoE, BOC, and RBA, issued a statement supporting Fed Chair Jay Powell and emphasizing the importance of central bank independence for economic stability [5] Company Earnings and Guidance - JPMorgan Chase's stock rose after providing optimistic guidance for 2026, with net interest income expectations surpassing consensus and expenses projected to be in line [6] - Delta Air Lines guided 2026 EPS to a range of $6.50–$7.50, slightly below the $7.20 consensus, resulting in a slight decline in its stock [7] - Intel and AMD stocks gained after being upgraded to Overweight by KeyBanc, driven by strong demand for server CPUs amid increasing data center and AI needs [7] Mergers and Acquisitions - Denny's shareholders approved a $620 million buyout by TriArtisan Capital Advisors, which owns TGI Fridays and P.F. Chang's, along with Treville Capital and Yadav Enterprises [8] Industry Challenges - Wells Fargo issued a warning for cable operators, downgrading Charter Communications, Comcast, Altice's Optimum, and Cable One to Underweight, anticipating a loss of approximately 1 million residential broadband subscribers this year due to competition from fixed wireless and fiber [10][11]
Denny's (NasdaqCM:DENN) 2026 Extraordinary General Meeting Transcript
2026-01-13 16:02
Summary of Denny's Corporation Special Meeting Company Overview - **Company**: Denny's Corporation (NasdaqCM: DENN) - **Meeting Date**: January 13, 2026 - **Location**: Virtual-only internet and audio webcast Key Points Discussed Meeting Structure and Legal Matters - The meeting was called to order by Olu Beck, Chair of the Board of Directors, with introductions of key management members including Kelli F. Valade, CEO, and Gail Sharps Myers, Chief Legal and Administrative Officer [2][3] - The meeting was conducted virtually, allowing stockholders to participate safely and efficiently [3] Voting Procedures - Stockholders were reminded to follow specific instructions for voting during the meeting, with a 16-digit control number required for virtual voting [9] - The polls opened for voting on three proposals presented to stockholders [9] Proposals Presented 1. **Proposal 1**: Adoption of the merger agreement with Sparkle Acquisition Corp., which involves the merger of Sparkle Acquisition Corp. with Denny's, making Denny's a wholly owned indirect subsidiary of Sparkle Acquisition Corp. [10] 2. **Proposal 2**: Approval on a non-binding advisory basis of compensation related to the merger for named executive officers [11] 3. **Proposal 3**: Approval of adjournments of the meeting if necessary to solicit additional proxies [11] Voting Results - **Proposal 1**: Approved with at least 39,490,370 shares voting in favor [17] - **Proposal 2**: Approved with at least 34,741,402 shares voting in favor [17] - **Proposal 3**: Approved with at least 38,254,509 shares voting in favor, although adjournment was not necessary due to the approval of Proposal 1 [18][20] Attendance and Quorum - A quorum was established with at least 39,780,712 shares represented at the meeting out of a total of 51,498,994 shares outstanding [15] Future Actions - The final results of the meeting will be filed on Form 8-K within four business days [20] Additional Notes - Stockholders were given the opportunity to ask questions related to the proposals, with one question received regarding the expected completion of the transaction, which is anticipated to occur in the near future [12] - The meeting concluded without further business, and stockholders were thanked for their attendance [20]
Wall Street Breakfast Podcast: Trump Targets Iran Trade
Seeking Alpha· 2026-01-13 11:48
Max Zolotukhin/iStock via Getty Images Listen below or on the go via Apple Podcasts and Spotify Iran's top trading partners that could face new tariffs. (00:24) New York Fed's Williams signals no rush for another rate cut. (01:26) Aldi plots next phase of aggressive U.S. expansion. (02:29) This is an abridged transcript. President Trump said he is imposing a 25% tariff on goods from any country "doing business" with Iran. He said in a post on Truth Social, “Effective immediately, any Country doing bu ...
Ditch the Resolutions, Keep the Savings: Denny’s Launches NEW Slammin’ Meal Deals Starting at $5.99
Globenewswire· 2026-01-12 15:00
Denny’s embraces the “un-resolution” season just in time for Quitter’s Day with comfort food, a brand-new Value Menu and the return of the fan-favorite Salted Caramel Banana Slams® Denny's Salted Caramel Banana Slams Denny's Salted Caramel Banana Slams return for a limited time! Denny's New Cold Brews Try Denny's new Cold Brew flavors for a limited time! SPARTANBURG, S.C., Jan. 12, 2026 (GLOBE NEWSWIRE) -- The stats are in and today is the infamous day when most New Year’s resolutions hit the wall – ...
Good Mornings Are Brewing: Keke's Breakfast Cafe Opens First Location in Corona, California
Globenewswire· 2025-12-18 17:18
Core Insights - Keke's Breakfast Cafe has opened its first location in the Los Angeles market, specifically in Corona, California, marking a significant expansion into the state [1][2] - The cafe is part of a broader strategy to grow the brand in California, with additional locations planned for the near future [2][5] Company Overview - Keke's Breakfast Cafe is a restaurant chain that specializes in breakfast, brunch, and lunch, known for its freshly prepared meals and a variety of offerings including pancakes, waffles, omelets, and paninis [7] - The brand emphasizes high-quality ingredients and excellent customer service, aiming to provide a friendly and relaxed dining experience [7] Location Details - The new Corona location is situated at 3915 Bedford Canyon Road and is designed to be a welcoming space for families and friends, featuring a bright and comfortable design [2][4] - The cafe operates daily from 7 a.m. to 2:30 p.m., serving breakfast, brunch, and lunch [6] Community Engagement - The president of Keke's Breakfast Cafe expressed excitement about entering the California market and emphasized the brand's commitment to becoming a part of the local community [5]
Maple Magic: Denny’s Unveils “Sticky Kicks” – the World’s First Sneakers Made with Real Syrup
Globenewswire· 2025-12-10 14:00
Core Concept - Denny's is launching "Sticky Kicks," the first-ever sneakers made with real Denny's syrup, in celebration of National Maple Syrup Day on December 17, 2025, showcasing a unique blend of diner culture and streetwear fashion [1][6]. Product Details - Sticky Kicks feature a clear, sealed panel displaying real Denny's syrup, designed with syrup-colored patent leather and the iconic Denny's logo [2][6]. - The sneakers will be available in adult men's sizes 8-13 and retail for $195 [5]. Marketing Strategy - Denny's Rewards members will have exclusive early access to purchase the sneakers, emphasizing the brand's commitment to engaging its loyal customer base [4][11]. - The launch is positioned as a bold and creative marketing move, aligning with Denny's identity and culture [3][6]. Company Background - Denny's is a family dining restaurant brand based in Spartanburg, SC, with over 70 years of history, focusing on providing value across various meal times [8]. - As of September 24, 2025, Denny's operates 1,459 global restaurants, with 1,397 being franchised [9].
Why Denny's Stock Gained 57.8% Last Month
The Motley Fool· 2025-12-03 02:53
Why did Denny's stock soar nearly 60% in November? Here's what Denny's investors and restaurant guests need to know.Shares of Denny's (DENN +0.00%) rose 57.8% in November 2025, according to data from S&P Global Market Intelligence. The soaring gain was a cut-and-dried affair, as the company accepted a buyout offer from a group of private investors on Nov. 3. The stock gained 50.4% the next day and never looked back.NASDAQ : DENNDenny'sToday's Change( 0.00 %) $ 0.00Current Price$ 6.18Key Data PointsMarket Ca ...
Denny's Canada sadly confirms the long-term closure of its Barrie location
Globenewswire· 2025-11-26 14:32
Core Points - Denny's Canada has announced the long-term closure of its Barrie location due to unresolved issues with the franchisee and landlord [2] - The company expresses disappointment but remains proud of the experiences created and appreciates the local community's support [3] - Denny's Canada is committed to regional growth across Ontario and nationally, with confidence in the brand's strength and potential in the East Coast market [3] Company Overview - Denny's Canada, acquired by Northland Properties Corporation in 1992, is a well-known hospitality brand in Canada, operating alongside other brands like Chop Steakhouse & Bar and Sandman Hotel Group [6] - The company operates and franchises 87 restaurants nationally, known for guest satisfaction and a diverse menu of high-quality food at competitive prices [7] - Denny's Canada maintains locations in cities such as Toronto, Mississauga, and Vaughan, ensuring continued service to residents and visitors [5]