Dennys Corp Stock Price, News & Analysis

Denny's Corporation (NASDAQ: DENN) reported a 34.4% increase in Q4 2021 revenue to $107.6 million, driven by COVID-19 recovery. Net income reached $43.5 million ($0.67 per diluted share), significantly up from $2.4 million the previous year. The company opened seven franchised restaurants and completed seven remodels. For 2021, total operating revenue rose 38% to $398.2 million, with net income of $78.1 million ($1.19 per diluted share). Despite decreased same-store sales compared to 2019, domestic sales improved in late 2021, with ongoing strategic initiatives to enhance brand performance.

Denny’s Corporation (NASDAQ: DENN) will release its financial and operating results for the fourth quarter and full year ending December 29, 2021, on February 15, 2022, after market close. Following this, a conference call will be held at 4:30 p.m. Eastern Time for management to discuss the results and answer questions. Denny’s operates one of America's largest full-service restaurant chains, with 1,640 locations worldwide as of December 29, 2021.

Denny’s Corporation (NASDAQ: DENN) has announced a partnership with REEF, the largest operator of virtual restaurants in North America, to enhance delivery options through virtual kitchens in metropolitan areas. This collaboration aims to expand Denny's reach, particularly in high-demand markets, by leveraging REEF's scalable delivery solutions. Denny's will offer signature menu items for delivery, including the Grand Slamwich and Double Berry Banana Pancakes. This strategic move marks Denny’s first collaboration with REEF as it seeks to grow its presence in the U.S. breakfast market.

Denny’s Corporation (NASDAQ: DENN) announced preliminary results for fiscal year 2021, reporting domestic system-wide same-store sales that exceeded pre-pandemic levels. The company opened 20 new units while closing 30, ending the year with 1,640 locations. Significant initiatives include a new partnership with REEF for delivery and a remodel restart program. Denny's allocated $30.6 million for share repurchases in 2021. For 2022, the company reiterated its guidance, expecting adjusted EBITDA between $84 and $86 million.

Denny’s Corporation (NASDAQ: DENN) will participate virtually in the 2022 Annual ICR Conference, holding investor meetings and presenting on January 11, 2022, at 10:30 a.m. Eastern Time. Investors can access a live audio webcast of the presentation on the Investor Relations section of Denny's website. A replay will be available afterward. Denny’s operates one of America’s largest full-service restaurant chains, with 1,647 restaurants globally as of September 29, 2021, including locations in Canada, Puerto Rico, and several other countries.

Denny's has launched a creative marketing campaign in collaboration with Warner Bros. Pictures, leveraging Twitch for a Matrix-themed streaming event. The December 21 activation, featuring streamer Hungrybox, accrued nearly 500,000 views and heightened engagement through special promotional offers, such as tickets to The Matrix Resurrections and Denny's gift cards. This initiative not only showcases Denny's commitment to digital transformation but also aims to boost user engagement via its mobile app. The campaign runs through January 4, 2022, aligning with the film's release.

Denny's announces a limited-time promotion offering free delivery on digital orders through its website and mobile apps until December 19, 2021. This initiative aligns with its partnership with Warner Bros' The Matrix franchise, enhancing its digital transformation. Customers can access personalized 'glitches' leading to exclusive offers via the Denny's Rewards program. Additional Matrix-inspired deals will be available until January 4, 2022. As of September 29, 2021, Denny's operates 1,647 locations worldwide.

Denny's announces a unique partnership with Warner Brothers to promote the fourth installment of The Matrix franchise. Starting Cyber Monday, November 29, 2021, Denny's Rewards members will access personalized, Matrix-themed offers through the Denny's app. The five-week promotion includes perks like free menu items and delivery discounts. This initiative aims to enhance Denny's digital transformation and customer experience, culminating on January 4, 2022. The Matrix Resurrections film releases in theaters and on HBO Max on December 22, 2021.