Financial Highlights - Adjusted EBITDA for Q4 2023 was $115.4 million[6] - Adjusted Free Cash Flow for Q4 2023 was $18.6 million[6] - The company spent $7.4 million on share repurchases, repurchasing 1.8 million shares[6] - Denny's domestic system-wide same-restaurant sales increased by 1.3% versus 2022[6] Sales Performance - Denny's Q4 2023 domestic average weekly sales outperformed Q4 2022 by 3.2%[10] - Off-premise sales are more popular with younger generations and diverse guests[14] - The Burger Den is active in over 1,200 domestic locations, and The Meltdown is in over 1,100 domestic locations[16] Footprint and Franchise - Denny's has a total of 1,407 restaurants in the U S[20] - Denny's international footprint includes 166 restaurants in 14 countries and U S territories, grown by approximately 91% since year end 2010[23] - The company has a strong partnership with 208 franchisees operating 1,508 franchisee restaurants[27]
Denny’s(DENN) - 2023 Q4 - Earnings Call Presentation