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Denny's Corporation Reports Results for First Quarter 2025
GlobeNewswire News Room· 2025-05-05 20:05
SPARTANBURG, S.C., May 05, 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 first quarter ended March 26, 2025 and provided a business update on the Company’s operations. Kelli Valade, Chief Executive Officer, stated, "The beginning of the year has presented significant challenges for consumers, which is evident in our results. Our teams have remained focused on executing aga ...
Denny's Celebrates Scholars with Prestigious Hungry for Education™ Scholarship Awards
GlobeNewswire News Room· 2025-04-30 13:32
Core Points - Denny's has awarded $161,000 in scholarships through its Hungry for Education™ Scholarship Program to students making a difference in their communities [1] - The program has been active for over thirteen years, focusing on supporting multicultural communities and addressing social issues like childhood hunger [2] - The national winner for the 2024-25 academic year is Jamya Crawford, who emphasized the importance of mental health and time management education for high school students transitioning to college [4] - Since its inception in 2011, the program has distributed over $2.7 million in scholarships, highlighting Denny's commitment to education and social equity [5] Company Overview - Denny's is a family dining restaurant brand based in Spartanburg, S.C., with over 70 years of history, offering meals across various dining times [5] - As of December 25, 2024, Denny's operates 1,499 restaurants globally, with 1,438 being franchised and licensed [6] - The company also engages in community support initiatives, including a Mobile Relief Diner that provides meals during disasters and partnerships with organizations like No Kid Hungry [5]
Denny’s Corporation Announces Timing of First Quarter 2025 Results and Conference Call on May 5, 2025
Globenewswire· 2025-04-14 13:00
Core Viewpoint - Denny's Corporation will announce its financial and operating results for the first quarter ended March 26, 2025, on May 5, 2025, with a conference call scheduled for the same day to discuss these results [1]. Group 1: Financial Results Announcement - The financial results will be released after market close on May 5, 2025 [1]. - A conference call will be held at 4:30 p.m. Eastern Time on the same day to discuss the results and answer questions [1][2]. Group 2: Company Overview - Denny's Corporation is one of America's largest full-service restaurant chains, operating a total of 1,568 restaurants as of December 25, 2024 [3]. - The company operates two brands: Denny's and Keke's, with Denny's having 1,499 global restaurants and Keke's having 69 restaurants as of December 25, 2024 [4]. - Of the total restaurants, 1,493 are franchised and licensed, while 75 are company-operated [3].
Denny's Corporation Announces Timing of First Quarter 2025 Results and Conference Call on May 5, 2025
Newsfilter· 2025-04-14 13:00
Core Viewpoint - Denny's Corporation will announce its financial and operating results for the first quarter ended March 26, 2025, on May 5, 2025, after market close, followed by a conference call to discuss these results [1] Group 1: Company Overview - Denny's Corporation is one of America's largest full-service restaurant chains, with a total of 1,568 restaurants as of December 25, 2024, including 1,493 franchised and licensed restaurants and 75 company-operated restaurants [3] - The Denny's brand consists of 1,499 global restaurants, with 1,438 franchised and licensed and 61 company-operated [4] - The Keke's brand includes 69 restaurants, with 55 franchised and 14 company-operated [4] Group 2: Investor Relations - Interested parties can access a live broadcast of the conference call through the Investor Relations section of the Company's website [2] - For inquiries, the Company's Investor Relations Department can be contacted at 877-784-7167 [2][6]
Denny's Unveils the Happiest Deal in America – Buy A Slam® and Get One for A Friend for $1
Newsfilter· 2025-03-25 14:00
Spartanburg, SC, March 25, 2025 (GLOBE NEWSWIRE) -- What's better than one Denny's breakfast Slam? Two breakfast Slams! Denny's announced today a deal sure to return the power of the almighty dollar and increase social dining among friends. Available now through May 9 for dine-in only, breakfast lovers and diner fans can buy an Original Grand Slam or All-American Slam and get the second for a friend for just $1*. That's one George Washington, four quarters, or 100 pennies for a craveable, hearty breakfast s ...
Denny’s Unveils the Happiest Deal in America – Buy A Slam® and Get One for A Friend for $1
Globenewswire· 2025-03-25 14:00
Core Points - Denny's has launched a promotional offer called "Buy One Slam Get One for $1," allowing customers to purchase an Original Grand Slam or All-American Slam and get a second for just $1, available for dine-in only until May 9, 2025 [1][5] - The promotion aims to address social disconnection among young adults, as dining with friends is linked to improved subjective wellbeing according to the 2025 Happiness Report [1][2] - The deal includes two popular breakfast options: the Original Grand Slam and the All-American Slam, both packed with protein and offered at an unbeatable value [2][3] Company Overview - Denny's is a family dining restaurant brand based in Spartanburg, South Carolina, with over 70 years of experience in the industry, focusing on providing craveable meals at meaningful value [7][8] - As of December 25, 2024, Denny's operated 1,499 restaurants globally, with 1,438 being franchised and licensed [8] - The company is committed to community support through initiatives like the Mobile Relief Diner and the Denny's Hungry for Education scholarship program [7]
Denny’s Debuts New NVIDIA® Breakfast Bytes
Globenewswire· 2025-03-19 15:30
Limited Time Menu Item Launches at NVIDIA GTC Conference, Honoring NVIDIA Founder and CEO Jensen Huang’s Favorite Menu Hack and Inspiring Story that Began at a Denny’s Booth NVIDIA Breakfast Bytes Available To-go on Dennys.com for a limited time Denny's Kelli Valade and Jensen Huang, NVIDIA Founder and CEO, enjoy Denny's new limited time NVIDIA Breakfast Bytes NVIDIA Breakfast Bytes Available To-go on Dennys.com for a limited time NVIDIA Breakfast Bytes Available To-go on Dennys.com for a limited time ...
Denny's Debuts New NVIDIA® Breakfast Bytes
Newsfilter· 2025-03-19 15:30
Core Insights - Denny's has launched a limited-edition menu item called NVIDIA® Breakfast Bytes, celebrating NVIDIA CEO Jensen Huang's journey from working at Denny's to becoming a tech leader [1][3] - The new dish features four sausage links wrapped in Denny's buttermilk silver dollar pancakes, reflecting Huang's personal favorite way to enjoy breakfast [2][3] - NVIDIA Breakfast Bytes will be available for a limited time until May 13, 2025, for carryout or delivery, and at select Denny's locations in San Jose for dine-in [3][4] Company Overview - Denny's is a family dining restaurant brand based in Spartanburg, South Carolina, with over 70 years of history, focusing on providing value meals across various dining times [5] - As of December 25, 2024, Denny's operates 1,499 restaurants globally, with 1,438 being franchised and licensed, and 61 company-operated [6]
Denny's Debuts New NVIDIA® Breakfast Bytes
GlobeNewswire News Room· 2025-03-19 15:30
Core Insights - Denny's has launched a limited-edition menu item called NVIDIA® Breakfast Bytes, celebrating NVIDIA CEO Jensen Huang's journey from working at Denny's to becoming a tech leader [1][3] - The new dish features four sausage links wrapped in Denny's buttermilk silver dollar pancakes, reflecting Huang's favorite way to enjoy breakfast [2] - NVIDIA Breakfast Bytes will be available for a limited time until May 13, 2025, for carryout or delivery, and at select Denny's locations in San Jose for dine-in [3] Company Overview - Denny's is a family dining restaurant brand based in Spartanburg, South Carolina, with over 70 years of history, focusing on providing value meals across various dining times [5] - As of December 25, 2024, Denny's operates 1,499 restaurants globally, with 1,438 being franchised and licensed, and 61 company-operated [6]
Starting the day with a healthy breakfast is becoming a pricey luxury
CNBC· 2025-03-08 13:52
Coffee Industry - Coffee prices have reached record highs, with futures prices more than doubling over the past 12 months and surpassing $4 per pound for the first time last month [6] - A dry spell in Brazil has significantly impacted crop yields, contributing to the rising prices [6] - Coffee Labs Roasters signed a new purchase order at approximately $5 per bag, up from a previous deal of about $4 per bag [2] Egg Industry - The price of eggs in the U.S. has increased by 53% year over year, with a 15% spike from December to January [4] - The avian flu outbreak has led to the culling of millions of hens, exacerbating supply issues [5] - The U.S. Department of Justice is investigating potential antitrust practices in the egg industry [5] Consumer Behavior - Rising prices of coffee and eggs are causing consumers to change their purchasing habits, with many opting to skip breakfast or replace it with cheaper alternatives [9][10] - A survey indicated that consumer sentiment has turned negative for the first time since June 2024, with expectations of worsening inflation [7] Restaurant Industry - Dine Brands, the parent company of IHOP, has seen its stock decline over 13% this year, with a disappointing outlook for 2025 due to rising costs primarily driven by egg prices [11][12] - Waffle House and Denny's have implemented surcharges for menu items containing eggs, while McDonald's has not raised prices [13] - Restaurant stocks offering breakfast items have underperformed the market, with Denny's stock down over 55% and Cracker Barrel down 38% over the past year [14] Trade and Tariffs - Proposed tariffs on coffee could further increase prices, particularly for decaffeinated coffee that involves cross-border processing between the U.S., Mexico, and Canada [15][16] - There is uncertainty regarding the impact of these tariffs on decaf coffee, with industry experts seeking more clarity [17]