Core Insights - Denny's Corporation reported strong performance in 2024, with both Denny's and Keke's outperforming their respective BBI Family Dining indices in Q4 [2] - The company is focusing on enhancing brand health by closing lower-volume restaurants, remodeling existing locations, and expanding Keke's into new states [2] - The outlook for 2025 anticipates challenges due to macroeconomic factors affecting consumer sentiment, but the company is positioned to deliver shareholder value through strategic actions [2] Fourth Quarter 2024 Highlights - Total operating revenue was $114.7 million, slightly down from $115.4 million in the prior year quarter [6] - Franchise and license revenue increased to $62.3 million from $61.3 million, driven by higher local advertising contributions [6] - Denny's same-restaurant sales were up 1.1%, while Keke's saw a 3.0% increase [6] - Operating income rose to $14.5 million from $7.7 million in the prior year quarter [6] - Net income was $6.8 million, or $0.13 per diluted share, compared to $2.9 million, or $0.05 per diluted share, in the prior year [10][28] Full Year 2024 Highlights - Total operating revenue for the year was $452.3 million, down from $463.9 million in the previous year [6] - Denny's same-restaurant sales decreased by 0.2%, while Keke's same-restaurant sales fell by 1.7% [6] - Operating income for the year was $45.3 million, down from $52.8 million [6] - Net income for the year was $21.6 million, or $0.41 per diluted share, compared to $19.9 million, or $0.36 per diluted share, in the previous year [31] Capital Allocation - The company invested $10.9 million in cash capital expenditures during Q4 and $28.6 million for the full year, focusing on Keke's new cafe development and remodels [12] - Share repurchases totaled $11.2 million for the year, with approximately $89.2 million remaining under the existing repurchase authorization [12] Business Outlook for 2025 - Denny's expects same-restaurant sales to range between -2.0% and 1.0% [13] - The company plans to open 25 to 40 new restaurants while closing 70 to 90 [13] - Commodity inflation is anticipated to be between 2.0% and 4.0%, and labor inflation between 2.5% and 3.5% [13] - Adjusted EBITDA is projected to be between $80 million and $85 million [13]

SPARTANBURG, S.C., Feb. 12, 2025 (GLOBE NEWSWIRE) -- Denny's Corporation (the "Company") (NASDAQ:DENN), owner and operator of Denny's Inc. ("Denny's") and Keke's Inc. ("Keke's") today reported results for its fourth quarter and full year ended December 25, 2024 and provided a business update on the Company's operations. Kelli Valade, Chief Executive Officer, stated, "We are proud of our progress through 2024, culminating in strong performances from both Denny's and Keke's, which outperformed their respectiv ...

Wall Street analysts forecast that Denny's (DENN) will report quarterly earnings of $0.15 per share in its upcoming release, pointing to a year-over-year increase of 7.1%. It is anticipated that revenues will amount to $115.61 million, exhibiting an increase of 0.2% compared to the year-ago quarter.The consensus EPS estimate for the quarter has undergone a downward revision of 5.6% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed t ...

For those looking to find strong Retail-Wholesale stocks, it is prudent to search for companies in the group that are outperforming their peers. Has Denny's (DENN) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.Denny's is one of 212 individual stocks in the Retail-Wholesale sector. Collectively, these companies sit at #2 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individ ...

Spartanburg, SC, Feb. 06, 2025 (GLOBE NEWSWIRE) -- Love is on Denny's menu this Valentine's Day! On Friday, February 14, America's Diner invites lovebirds to renew their vows or tie the knot at no cost at the iconic Denny's Wedding Chapel in Las Vegas [450 Fremont Street]. Those who get hitched between 9:00 a.m. and 5:00 p.m. PT will experience Denny's wedding package for FREE*, only on Valentine's Day. The Valentine's Day package, normally $199, includes a special officiant who may have some couples "shak ...

Spartanburg, SC, Feb. 06, 2025 (GLOBE NEWSWIRE) -- Love is on Denny’s menu this Valentine's Day! On Friday, February 14, America’s Diner invites lovebirds to renew their vows or tie the knot at no cost at the iconic Denny’s Wedding Chapel in Las Vegas [450 Fremont Street]. Those who get hitched between 9:00 a.m. and 5:00 p.m. PT will experience Denny’s wedding package for FREE*, only on Valentine’s Day. The Valentine’s Day package, normally $199, includes a special officiant who may have some couples “shak ...

Spartanburg, SC, Feb. 04, 2025 (GLOBE NEWSWIRE) -- The Big Game is quickly approaching, and Denny’s has a big deal! From Wednesday, February 5 to Tuesday, February 11, Denny’s guests can score $10 off any $30 order for dine-in or to-go by visiting www.dennys.com/10-off-30*. No matter what team you root for, Denny’s has America covered with delicious, craveable food. Fans can use this deal to dine-in before the game with one of Denny’s iconic breakfast Slams®, or order take-out for a football watching party. ...

While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies.Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use a variety of methods, including tried-and-true valuation metrics ...

SPARTANBURG, S.C., Jan. 22, 2025 (GLOBE NEWSWIRE) -- Denny’s Corporation (the "Company") (NASDAQ: DENN), owner and operator of Denny's Inc. ("Denny's") and Keke's Inc. ("Keke's"), will announce financial and operating results for its fourth quarter and full year ended December 25, 2024, on Wednesday, February 12, 2025, before the markets open. Senior management will hold a conference call on the same day at 8:30 a.m. Eastern Time to discuss these results and answer questions. Interested parties are invited ...

From every angle we look at it, it’s clear that Q4 2024 was a sigh of relief amidst a turbulent period. However, it meant something more forI'm an Equity Analyst and Accountant specializing in restaurant stocks, with a strong foundation in Business Administration and Accounting, complemented by an MBA in Forensic Accounting and Controllership. As the founder of Goulart's Restaurant Stocks, I lead a company focused on analyzing restaurant stocks in the U.S. market. Our coverage spans multiple segments, inclu ...