Denny’s(DENN)

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Denny's gets burned as business slows, set to shutter 150 underperforming diners
New York Post· 2024-10-22 21:19
Denny’s is slimming down.The budget-friendly, and belly-busting chain, will close 150 underperforming locations over the next year, cut hours of operation and slash its vast menu as financially-pressed diners cut back on spending, the company said Tuesday.Denny’s, which has about 1,500 locations around the country, will shutter 50 outposts by the end of the year and the remaining 100 in 2025, according to top brass.The stores that are closing are all “underperforming restaurants” that are either too old to ...
Denny's (DENN) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates
ZACKS· 2024-10-22 14:35
Denny's (DENN) reported $111.76 million in revenue for the quarter ended September 2024, representing a year-over-year decline of 2.1%. EPS of $0.14 for the same period compares to $0.17 a year ago.The reported revenue represents a surprise of -3.56% over the Zacks Consensus Estimate of $115.88 million. With the consensus EPS estimate being $0.16, the EPS surprise was -12.50%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determin ...
Denny's (DENN) Q3 Earnings and Revenues Lag Estimates
ZACKS· 2024-10-22 13:16
Denny's (DENN) came out with quarterly earnings of $0.14 per share, missing the Zacks Consensus Estimate of $0.16 per share. This compares to earnings of $0.17 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -12.50%. A quarter ago, it was expected that this restaurant operator would post earnings of $0.17 per share when it actually produced earnings of $0.13, delivering a surprise of -23.53%.Over the last four quarters, the co ...
Denny’s(DENN) - 2024 Q3 - Quarterly Results
2024-10-22 11:03
https://files.reportify.cc DENNY'S CORPORATION REPORTS RESULTS FOR THIRD QUARTER 2024 AND HOSTS INVESTOR DAY TODAY SPARTANBURG, S.C., October 22, 2024 - 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 third quarter ended September 25, 2024 and provided a business update on the Company's operations. Kelli Valade, Chief Executive Officer, stated, "Our third quarter sales results directly reflect ongoin ...
Denny's Corporation Announces Timing of Third Quarter 2024 Results and Webcast on October 22, 2024
GlobeNewswire News Room· 2024-10-08 12:30
Core Viewpoint - Denny's Corporation will announce its financial and operating results for the third quarter ended September 25, 2024, on October 22, 2024, before market opening [1]. Company Overview - Denny's Corporation is one of America's largest full-service restaurant chains, operating a total of 1,603 restaurants as of June 26, 2024, with 1,528 being franchised and licensed, and 75 being company-operated [3]. - The Denny's brand includes 1,541 global restaurants, with 1,477 franchised and licensed and 64 company-operated, while the Keke's brand consists of 62 restaurants, with 51 franchised and 11 company-operated as of June 26, 2024 [4].
Denny's Inc. Announces Strategic Leadership Appointments to Drive Innovation and Operational Excellence
GlobeNewswire News Room· 2024-09-23 15:38
Leadership Appointments - Denny's Inc. announced the appointment of Minh Le as senior vice president and chief technology officer, effective September 23, 2024, and Christopher Bode as president and chief operating officer, effective September 30, 2024 [1][4] - These appointments are part of Denny's strategy to enhance its technological infrastructure and operational excellence [1][5] Minh Le's Role and Experience - Minh Le will oversee the technology ecosystem for both Denny's and Keke's Breakfast Café, focusing on modernizing solutions to improve guest experiences and operational efficiencies [2][3] - Le has over 25 years of experience in technology transformations for major restaurant brands, including Checkers & Rally's and Darden Restaurants [2] Christopher Bode's Return - Christopher Bode returns to Denny's after serving as COO from 2014 to 2022, bringing extensive operational expertise and knowledge of the brand [3][4] - Bode will manage operations, marketing, finance, and HR for both corporate and franchise restaurants [3] Company Vision and Strategy - Denny's aims to build a comprehensive technology ecosystem to empower teams and enhance guest experiences [3] - The leadership changes are expected to drive innovation and maintain competitiveness in the restaurant industry [5] Company Overview - Denny's is a family dining restaurant brand based in Spartanburg, S.C., with over 70 years of history [6] - As of June 26, 2024, Denny's operates 1,541 restaurants globally, with 1,477 being franchised [7]
Heading to the next Roughriders home game? Defend against game-day hunger with Denny's Canada
GlobeNewswire News Room· 2024-08-30 18:00
SASKATOON, Saskatchewan, Aug. 30, 2024 (GLOBE NEWSWIRE) -- Denny's Canada is honored to have once again the opportunity to fundraise on behalf of The Saskatchewan Roughriders Foundation in collaboration with the Saskatchewan Roughriders CFL team. For the entire day before each 2024 home game, guests are invited to enjoy a $9.99 Riders Slam Special. $5 from each order will be donated to one of Saskatchewan's premier organizations as they focus on supporting amateur sports, education, and health within local ...
Denny's: Value Strategy Tackles The Decline Of Family Dining
Seeking Alpha· 2024-08-17 08:35
jax10289/iStock Editorial via Getty Images First, a snapshot of Family Dining A segment in decline. That's exactly how we can define 'Family Dining'. If you think that guests are avoiding QSRs, fast-casuals or casual dining, it's because you haven't taken a look at the data I'm about to present to you. When we compare it to 2019, all segments showed a decline in traffic. This is notorious. However, within the five restaurant categories, one showed the biggest decline. I'm not talking about fast-casuals, whi ...
Denny's Canada latest collaboration with Big Brothers Big Sisters of Canada ensures a strong continuation of support for local communities
GlobeNewswire News Room· 2024-07-31 17:00
VANCOUVER, British Columbia, July 31, 2024 (GLOBE NEWSWIRE) -- Denny's Canada is delighted to announce the incredible results of their most recent national fundraising initiative for Big Brothers Big Sisters of Canada (BBBSC), in partnership with their parent company's community give-back program, Northland Cares. Earlier this Summer, the iconic community-based restaurant donated $2 from every order of their Berry Stuffed French Toast Slam to BBBSC, successfully fundraising over $21,000 with the help of the ...
Denny’s(DENN) - 2024 Q2 - Earnings Call Transcript
2024-07-31 02:27
Denny's Corporation (NASDAQ:DENN) Q2 2024 Earnings Conference Call July 30, 2024 5:00 PM ET Company Participants Kayla Money – Director-FP&A and Investor Relations Kelli Valade – President and Chief Executive Officer Robert Verostek – Executive Vice President and Chief Financial Officer Conference Call Participants Todd Brooks – The Benchmark Company Jake Bartlett – Truist Securities Michael Tamas – Oppenheimer Nick Setyan – Wedbush Securities Ally Arfstrom – Piper Sandler Operator Greetings, and welcome to ...