Welcome to our dedicated page for Dennys news (Ticker: DENN), a resource for investors and traders seeking the latest updates and insights on Dennys stock.
Denny’s Corporation (NASDAQ: DENN) is one of America’s largest full-service restaurant brands based on the number of restaurants, operating the Denny’s and Keke’s Breakfast Cafe brands. This news page aggregates company press releases and market updates so readers can follow how the business evolves across its family dining and breakfast-focused concepts.
Recent Denny’s news highlights value-focused menu innovations, seasonal offerings, and brand collaborations. Examples include new Slammin’ Meal Deals value menus, limited-time items such as Salted Caramel Banana Slams and holiday turkey bundles, and themed promotions like Rudolph the Red-Nosed Reindeer® pancakes and branded merchandise. The company also announces marketing initiatives around its Denny’s Rewards loyalty program and digital ordering via Denny’s on Demand.
News related to Keke’s Breakfast Cafe covers new cafe openings, such as expansion into markets like California, and promotional campaigns including gift card bonuses during the holiday season. These updates provide insight into how the Keke’s brand is growing within Denny’s Corporation’s overall portfolio.
Investors and followers of DENN stock will also find regulatory and strategic announcements here, including quarterly earnings press releases, updates on same-restaurant sales, and capital structure developments. Notably, Denny’s has reported entering into an Agreement and Plan of Merger with entities controlled by funds managed by affiliates of TriArtisan Capital Advisors LLC and other investors, under which Denny’s is expected to become a privately held company upon closing.
By reviewing this news feed, readers can track Denny’s menu strategies, brand partnerships, community initiatives such as its work with No Kid Hungry and the Mobile Relief Diner, and key corporate events that may influence the company’s long-term direction.
Denny's Corporation (NASDAQ: DENN) reported preliminary results for Q4 and fiscal year ended December 28, 2022, showing a 2.0% growth in same-restaurant sales year-over-year. Company restaurants led with a 6.0% increase, while franchised restaurants rose 1.7%. The fiscal year saw a 6.3% growth in overall same-restaurant sales. In 2022, Denny's opened 30 new restaurants but closed 66, finishing with 1,656 total locations. The company allocated $7.8 million to share repurchases and reaffirmed Q4 guidance, anticipating same-restaurant sales growth between 1% and 3%.
Denny's Corporation (NASDAQ: DENN) will participate in the 2023 Annual ICR Conference with a presentation scheduled for January 10, 2023, at 10:00 a.m. Eastern Time. The event will include investor meetings and can be accessed via a live audio webcast on the Company's Investor Relations website. A replay will be available for approximately 90 days post-event. As of September 28, 2022, Denny's operates 1,666 restaurants, including 1,613 Denny's locations and 53 Keke's restaurants, showcasing its significant presence in the full-service restaurant sector.
Denny's Corporation (NASDAQ: DENN) will participate in the Stephens Annual Investment Conference on November 17, 2022, in Nashville, Tennessee. Chief Financial Officer Robert Verostek will present at 1:00 p.m. Central Time. Investors can access a live audio webcast of the event on the Investor Relations section of the Company's website, with a replay available for 90 days post-event. As of September 28, 2022, Denny's Corporation operates 1,666 restaurants, including the Denny's and Keke's brands.
Denny's continues its tradition of honoring military personnel by offering complimentary Grand Slams on Veterans Day, November 11, 2022. The promotion is available from 5 a.m. to noon at participating locations for active, non-active, and retired military with a valid ID or DD 214. Denny's President John Dillon emphasized gratitude towards veterans for their service. The Grand Slam includes pancakes, bacon, sausage, and eggs. For more details and to locate participating restaurants, visit www.dennys.com.
Denny's Corporation (NASDAQ: DENN) reported a solid third-quarter performance for the period ending September 28, 2022. Total operating revenue increased by 13.2% to $117.5 million, with franchise and license revenue at $65.2 million. The acquisition of Keke's contributed to revenues, while domestic same-store sales rose by 1.5%. Net income reached $17.1 million, translating to $0.29 per diluted share. However, operating income fell to $15.8 million from $17.7 million, impacted by inflation and legal expenses. The company plans to maintain same-store sales growth guidance between 1% and 3% for Q4 2022.
Denny's has launched a new menu featuring meals created with TikTok influencers, marking the fourth installment of its Social Stars Influenced Menu. The new items, available for a limited time, include It's Bananas Salted Caramel Pancakes, Straight Up Bourbon Steak, and Yes, We Pecan! Salted Caramel Milkshake. This initiative aims to attract younger customers and has already sold 2.4 million meals since its debut in February 2022. Denny's continues to position itself as a value-driven brand while enhancing its cultural relevance.
Denny’s Corporation (NASDAQ: DENN) will announce its third-quarter financial results for the period ending September 28, 2022, on November 1, 2022, after market close. A conference call with senior management will follow at 4:30 p.m. ET to discuss the results and address questions. As of June 29, 2022, Denny’s operates 1,631 restaurants globally, including locations in Canada, Mexico, and more. This release highlights the company's commitment to transparency and investor engagement.
Denny's has launched its Hungry for Education™ Scholarship Program, aimed at supporting students from Historically Black Colleges and Universities and Hispanic Association of Colleges and Universities. The program includes a fall college tour across major U.S. locations starting on October 5, 2022, with scholarships totaling $340,000 available. Last year, Denny's contributed $10,000 to the Orange Blossom Classic Scholarship Fund and has awarded nearly $2 million in scholarships since 2011.
Denny's Corporation (NASDAQ: DENN) appointed John Dillon as President of Denny's Inc. and David Schmidt as President of Keke's Breakfast Café. Effective September 1, 2022 and September 12, 2022 respectively, these leaders bring extensive restaurant industry experience to their new roles. Dillon previously served as Chief Brand Officer, enhancing shareholder value through initiatives like Denny's on Demand. Schmidt aims to expand Keke's presence beyond Florida, emphasizing talent development and operational excellence.
Denny's hosted its inaugural Denny's Surprise and Delight Weekend on July 30-31, 2022, to ease the financial burden on guests facing rising inflation. Select locations offered complimentary meals to customers, showcasing the brand's commitment to customer support amid economic challenges. Denny's aims to foster community connections while promoting affordable dining options with its extensive menu. The company, a leading full-service restaurant chain, continues its philanthropic efforts, supporting initiatives like No Kid Hungry and providing disaster relief through its mobile dining service.