Denny’s(DENN)
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Keke's Breakfast Cafe Makes Mornings Merrier: Get a $10 Bonus With Every $50 Gift Card This Holiday Season
Globenewswire· 2025-11-24 17:39
Core Points - Keke's Breakfast Cafe is launching a holiday promotion where customers receive a $10 bonus card for every $50 spent on gift cards, valid from November 28 to December 24, 2025 [1][3] - The promotion aims to enhance the holiday gifting experience, making it easier for customers to share meals and time with loved ones [2][3] - The bonus card can be used for dine-in at all Keke's locations from January 1 to February 24, 2026 [3] Company Overview - Keke's Breakfast Cafe is a restaurant chain based in Florida, specializing in breakfast, brunch, and lunch offerings, including pancakes, waffles, omelets, and paninis [5] - The company emphasizes high-quality ingredients and excellent customer service, providing a friendly dining experience for all ages [5] - Keke's currently operates in multiple states including Florida, California, Colorado, Georgia, Nevada, Tennessee, and Texas, with plans for further expansion [5]
Denny’s to Match Donations Up to $15,000 for No Kid Hungry on Giving Tuesday
Globenewswire· 2025-11-17 15:29
Core Points - Denny's is celebrating a 15-year partnership with No Kid Hungry, focusing on combating childhood hunger during the holiday season [1][4] - On Giving Tuesday, December 2, Denny's will match donations up to $15,000, reinforcing its commitment to ending childhood hunger [2] - Since 2011, Denny's has raised over $14.5 million for No Kid Hungry, impacting millions of children facing food insecurity [3] Company Initiatives - Denny's operates a Mobile Relief Diner that has served over 154,000 meals since its launch in 2017, providing assistance to those affected by natural disasters and underserved communities [6] - The Hungry for Education® scholarship program has awarded nearly $2.7 million in scholarships to students proposing actionable ideas to combat childhood hunger [7] - Denny's supports various local and national charities to enhance community health and well-being [7] Company Overview - Denny's is a family dining restaurant brand based in Spartanburg, S.C., with over 70 years of history and a commitment to feeding people [9] - As of September 24, 2025, Denny's operates 1,459 global restaurants, with 1,397 being franchised [10]
Denny’s Brings Back Holiday Turkey Bundles for Thanksgiving
Globenewswire· 2025-11-12 15:00
Core Points - Denny's is offering a Holiday Turkey Bundle for Thanksgiving and Christmas, priced starting at $54.99, aimed at providing a convenient meal option for families [1][5] - The Holiday Turkey Bundle includes classic Thanksgiving dishes for up to four people, allowing customers to enjoy the holiday without extensive cooking [2][3] - Denny's is also promoting gift card offers during the holiday season, including a $5 bonus coupon with the purchase of a $25 gift card [6] Holiday Turkey Bundle Details - The bundle is available for pre-order online from November 21 to November 26, with pick-up available 24+ hours after ordering [2] - It features tender carved turkey breast, savory bread stuffing, red-skinned mashed potatoes, turkey gravy, cranberry sauce, and a choice of a second side [3] - Additional sides and desserts, such as pecan and pumpkin pies, are available for purchase [3][5] Holiday Promotions - Denny's will offer the Holiday Turkey Bundle for Christmas pre-orders from December 15 to December 22, with the last pick-up on Christmas Eve [5] - The restaurant is running a Black Friday and Cyber Monday gift card promotion, where purchasing $25 in gift cards yields two $5 bonus coupons [6] Company Overview - Denny's has over 70 years of experience in the family dining sector and operates 1,459 global restaurants, with a significant number being franchised [8][9] - The company emphasizes community support through various initiatives, including disaster relief and educational scholarships [8]
Why breakups are in vogue for restaurant chains and Big Food
Yahoo Finance· 2025-11-06 21:19
Economic Landscape - Economic uncertainty and changing consumer preferences are causing significant disruptions in the food industry, affecting companies like Denny's and Kraft [1] - A combination of economic factors, including pressure on low-income consumers and health movements, is impacting these companies [2] Company Developments - Denny's announced a $620 million deal to go private with TriArtisan Capital Partners and others, following a 2.9% decline in same-store sales for the third consecutive quarter [3] - Yum! Brands is exploring strategic options for its Pizza Hut brand, which has experienced eight consecutive quarters of sales declines, down 1% [4][5] - Kraft's stock saw a slight increase of 0.2% before the market opened on Friday [5] M&A Activity - The private equity sector is actively seeking undervalued companies in the restaurant space for potential turnaround opportunities [4] - Papa John's faced a setback as Apollo Global Management withdrew its offer to buy the chain at a premium, coinciding with a 2.7% sales decline in North America [6] Strategic Moves - Starbucks sold a majority stake in its China business to Boyu Capital, valuing the segment at $4 billion, aiming to refocus on improving its U.S. operations [7]
SHAREHOLDER NOTICE: Brodsky & Smith Announces an Investigation of Denny's Corporation (DENN)
Newsfile· 2025-11-05 23:47
Core Viewpoint - The law firm Brodsky & Smith is investigating potential claims against the Board of Directors of Denny's Corporation for possible breaches of fiduciary duty related to the sale of the company to Keke's Inc. for $6.25 per share in cash [1][2]. Group 1 - The investigation focuses on whether the Denny's Board failed to conduct a fair process and whether the sale price provides fair value to shareholders [2]. - The sale price of $6.25 per share is under scrutiny to determine if it adequately reflects the company's value [1][2]. - Brodsky & Smith has a history of representing shareholders in securities and class action lawsuits, indicating their expertise in handling such cases [3].
Recent Market Activity Highlights Key Company Movements
Financial Modeling Prep· 2025-11-05 00:00
Core Insights - Recent market activity has seen significant price movements and trading volumes in several companies, reflecting strategic developments and investor sentiment [1] Company Summaries - Denny's Corporation's stock price surged by 50.22%, closing at $6.17, following a $620 million cash deal to take the company private, with an acquisition price of $6.25 per share [2] - Davis Commodities Limited experienced a 51.44% increase in its stock price, closing at $4.72, due to its expansion into the fast-moving consumer goods market in Southeast Asia through its subsidiary [3] - Evoke Pharma's stock price rose by 133.99% to $10.74, amidst an investigation by the Ademi Firm regarding potential breaches of fiduciary duty related to a recent transaction [4] - MSP Recovery, Inc. saw a 39.60% rise in its stock price, closing at $0.72, after entering a non-binding term sheet for a secured term loan facility of up to $55 million to support its healthcare claims recovery operations [5] - PTL Limited's stock price increased by 40.46%, closing at $0.26, following the release of its unaudited financial results for the first half of fiscal year 2025, enhancing its service offerings in marine fuel logistics [6] Market Dynamics - The stock movements of these companies are driven by strategic developments and market dynamics, making them key players to monitor in the financial markets [7]
$HAREHOLDER ALERT: The M&A Class Action Firm Announces An Investigation of Denny's Corporation (NASDAQ: DENN)
Globenewswire· 2025-11-04 23:00
Core Insights - Class Action Attorney Juan Monteverde's firm, Monteverde & Associates PC, is investigating Denny's Corporation regarding its proposed sale to a consortium including TriArtisan Capital Advisors LLC, Treville Capital Group, and Yadav Enterprises, Inc. [1] - The proposed transaction offers Denny's shareholders $6.25 per share in cash, raising questions about the fairness of the deal [1]. Company Overview - Monteverde & Associates PC is recognized as a Top 50 Firm in the 2024 ISS Securities Class Action Services Report and has a successful track record in recovering millions for shareholders [1][2]. - The firm operates from the Empire State Building in New York City and specializes in class action securities litigation [2]. Legal Context - The investigation into Denny's Corporation is part of the firm's broader efforts to ensure that shareholders receive fair treatment in corporate transactions [1]. - The firm encourages shareholders with concerns to reach out for additional information and assistance [3].
Why Denny's Stock Rocketed 50% Higher Today
Yahoo Finance· 2025-11-04 21:23
Core Viewpoint - Denny's shares surged 50% following the announcement of a $620 million acquisition deal, reflecting a significant premium for shareholders [1][3]. Group 1: Acquisition Details - An investment group led by TriArtisan Capital Advisors and including Treville Capital Group and Yadav Enterprises has agreed to acquire Denny's for $6.25 per share, representing a 52% premium over the stock's closing price on the previous day [3][4]. - Denny's CEO Kelli Valade expressed satisfaction with the transaction, highlighting that it provides immediate cash value to shareholders after evaluating over 40 potential buyers [4]. Group 2: Company Performance - Denny's has faced challenges, including the closure of approximately 180 restaurants due to increased competition from value-oriented rivals like McDonald's [7]. - The diner chain reported a 2.9% decline in U.S. same-store sales year-over-year for the third quarter, attributed to consumers reducing dining out expenditures [7]. Group 3: Future Outlook - The acquisition is expected to close in the first quarter of 2026, pending regulatory and shareholder approvals, allowing Denny's to adapt its strategy as a private entity [8][6].
Denny's shares jump 50% after it agrees to go private in $322M deal
New York Post· 2025-11-04 19:17
Core Viewpoint - Denny's has agreed to go private in a $322 million deal, resulting in a 50% increase in its share price, with stockholders set to receive $6.25 per share, reflecting a 52% premium over the previous closing price [1][5]. Group 1: Deal Details - The acquisition is led by TriArtisan Capital Advisors, a private equity firm based in New York, in collaboration with Treville Capital Group and Yadav Enterprises, one of Denny's largest franchisees [2][5]. - The deal has been unanimously approved by Denny's board of directors and is expected to close in the first quarter of 2026 [5]. Group 2: Company Performance - Denny's has faced challenges, including the closure of 180 locations over the past two years and a decline in same-store sales by 2.9% in the third quarter [9]. - The company has struggled to attract customers due to rising prices, leading many to prefer dining at home [9]. - Prior to the recent stock surge, Denny's shares had fallen approximately 34% this year, reaching a 12-year low in February due to disappointing quarterly sales [11]. Group 3: Operational Changes - Denny's has paused its 24/7 service, a significant draw for customers, during the pandemic, with about a quarter of its 1,600 restaurants not yet returning to those hours [6][7]. - The company is undergoing a turnaround effort that includes introducing new menu items and remodeling restaurants [9].
Denny’s Is Going Private. Is It Too Late to Buy DENN Stock After a 50% Pop?
Yahoo Finance· 2025-11-04 19:04
Core Viewpoint - Denny's is set to go private in a $620 million all-cash transaction led by TriArtisan Capital Advisors, with shares valued at $6.25 each, expected to close in Q1 2026 pending approvals [1]. Group 1: Stock Performance - Denny's shares surged over 50% following the announcement of the acquisition [1]. - Despite the rally, Denny's stock is still down over 15% compared to its year-to-date high [2]. - The market has largely priced in the acquisition, leaving minimal upside for new investors unless a competing bid arises [3]. Group 2: Strategic Implications - Going private allows Denny's to focus on long-term strategies without the pressure of quarterly earnings or public market scrutiny [5]. - The new ownership is expected to bring operational expertise and capital to support growth initiatives [5]. - The transition may lead to streamlined operations, modernization investments, and repositioning amid changing consumer habits [6]. Group 3: Market Sentiment - Wall Street firms no longer see potential for further upside in Denny's stock [7]. - The consensus rating on Denny's shares is "Moderate Buy," with the highest price target at $6, which is about 3% below the current price [8].