Dennys Corp Stock Price, News & Analysis

Denny's Inc. (NASDAQ: DENN) has announced two key leadership appointments to drive innovation and operational excellence. Minh Le has been named senior vice president and chief technology officer, effective September 23, while Christopher Bode will return as president and chief operating officer, effective September 30.

Le, with over 25 years of experience in restaurant technology, will oversee the entire technology ecosystem for both Denny's and Keke's Breakfast Café. Bode, who previously served as Denny's COO from 2014 to 2022, will oversee operations, marketing, finance, and HR for corporate and franchise restaurants.

These appointments reflect Denny's commitment to enhancing its technological infrastructure and operational excellence across the brand. CEO Kelli Valade expressed enthusiasm for the new leadership, emphasizing their potential to drive the business forward with innovation and excellence.

Denny's returns as Title Sponsor of the 2024 Orange Blossom Classic for the fourth year, celebrating HBCU culture and community. The 91-year-old event culminates with a football game on September 1 at Hard Rock Stadium, featuring North Carolina Central University Eagles against Alabama State University Hornets.

The partnership highlights Denny's Hungry for Education scholarship program, which has awarded over $2 million to date. It aligns with the Denny's Community Alliance, a $3.3 million initiative fostering social change. The event includes various activities like a pickleball tournament, step show competition, HBCU mixers, and a 5K run/walk. Denny's will host the Battle of the Bands showcase and a family-friendly fan zone. The game will broadcast on ESPN.

Denny's has launched its 14th annual No Kid Hungry fundraiser from August 21 to October 29, 2024, across U.S. restaurants. Guests can contribute by rounding up checks, donating at registers, or giving online. A $3 donation earns a $15 coupon sheet for future visits. CEO Kelli Valade emphasized the importance of addressing childhood hunger, which can impact a child's life trajectory.

Since 2011, Denny's has raised $13.6 million for No Kid Hungry. The campaign supports educators and lawmakers in ensuring children have access to meals. Valade has also joined the No Kid Hungry CEO Pledge to End Summer Hunger, advocating for expanded summer meal programs that could benefit up to 30 million children nationwide.

Denny's has announced a partnership with the upcoming film Beetlejuice Beetlejuice, coinciding with the return of its popular $2 $4 $6 $8 Value Menu. The revamped menu, available nationwide from August 21, 2024, includes new dishes like the Say It Three Times Slam® for $8.99. Denny's has also introduced an Afterlife Menu inspired by the film, featuring items like the Afterlife Melt and Beetlejuicy Burger.

The Value Menu now includes $10 options and offers a range of dishes from pancakes to burgers. The -time Afterlife Menu will be available until October 29, 2024. Denny's is also sponsoring the Beetlejuice Beetlejuice: The Afterlife Experience, an immersive event starting August 23.

Denny's is expanding its popular virtual brand, Banda Burrito, to nearly 1,000 locations nationwide. This Cali-Mex-inspired concept offers convenient and delicious burritos for delivery or carryout, available 24/7. The menu features eight signature handhelds that combine traditional breakfast staples with Cali-Mex fillings, including options like El Desvelado (carne asada), El Chamuco (chorizo), and El Tejano (brisket).

Banda Burrito aims to diversify Denny's menu offerings and increase its reach to dinner and late-night customers. This expansion is part of Denny's strategy to adapt to changing consumer preferences, particularly among younger diners who prefer off-premise options.

Denny's (NASDAQ: DENN) reported Q2 2024 results, with total operating revenue of $115.9 million, down slightly from $116.9 million in Q2 2023. Domestic system-wide same-restaurant sales decreased by 0.6%. The company opened four new restaurants, including one Keke's location. Net income was $3.6 million, or $0.07 per diluted share, while adjusted net income per share was $0.13. Adjusted EBITDA stood at $20.3 million.

Despite outperforming BBI Family Dining same-restaurant sales, Denny's updated its 2024 guidance due to industry pressures. The company now expects domestic system-wide same-restaurant sales between -1% and 1%, and Adjusted EBITDA between $83 million and $87 million.

Denny's Inc. (NASDAQ: DENN) has announced two key executive appointments to strengthen its leadership team. Monigo G. Saygbay-Hallie, Ph.D. will join as Executive Vice President and Chief People Officer for Denny's on August 5, overseeing people initiatives across Denny's and Keke's Breakfast Café. With over 20 years of restaurant and retail experience, Saygbay-Hallie most recently served as Chief People Officer at Checkers & Rally's Drive-In restaurants.

Patty Trevino will assume the role of Senior Vice President and Chief Brand Officer for Denny's on August 12. Trevino brings two decades of restaurant industry experience, most recently as Executive Vice President and Chief Marketing Officer at Red Lobster. She will oversee all aspects of branding for Denny's restaurants, including strategy, marketing, and product innovation.

Both executives will report to Kelli Valade, Denny's Inc. President and CEO, who expressed confidence in their ability to contribute to the company's strategies and positively impact teams, franchisees, and guests.

Denny's (NASDAQ: DENN) has announced that it will release its second-quarter financial and operating results on July 30, 2024, after market close. The results will cover the quarter ending June 26, 2024. A conference call with senior management is scheduled for the same day at 4:30 p.m. Eastern Time to discuss these results and address any inquiries. The live broadcast of the call will be available on the company's Investor Relations website. For further questions, the Investor Relations Department can be contacted at 877-784-7167.

Denny's is introducing three new sandwiches on their Summer of Sandwiches LTO menu, available from June 26 to August 20.

The new offerings include the Spicy Brisket Melt, Sweet & Smoky BLT&E, and the Bacon Obsession Burger, each crafted to embody the flavors of summer.

These sandwiches are perfect for dine-in, carryout, or delivery via Denny's website or mobile apps.

Additionally, Denny's All-Day Diner Deals start at $5.99, offering a variety of breakfast classics and fan favorites.

Customers can also benefit from the Denny's Rewards loyalty program and the Kids Eat Free offer available every Tuesday from 4-10 PM with a $6 entrée purchase.

Find more details and place orders at www.dennys.com.