Dennys Corp Stock Price, News & Analysis

Denny's Corporation (NASDAQ: DENN) will announce its financial results for Q1 ending March 29, 2023, on May 2, 2023, after market close. Management will host a conference call at 4:30 PM ET to discuss these results. Denny's operates 1,656 restaurants as of December 28, 2022, with 1,582 franchised and licensed. The Denny's brand comprises 1,602 restaurants, while Keke's includes 54 locations. Interested parties can access the live call via the Investor Relations section of the Company's website.

Denny's Corporation (NASDAQ: DENN) has launched a new intelligent customer engagement suite in partnership with Sparkfly and Olo. This initiative, now live across 1,600+ locations, aims to enhance customer loyalty through personalized rewards and seamless user experiences. The engagement suite utilizes advanced data analytics to offer tailored promotions and rewards based on buying behavior. Denny's emphasizes its commitment to customer relationships for future growth, showcasing a data-driven approach amid industry competition.

Denny's has launched a new brand platform, "It's Diner Time," with a significant investment of $25 million aimed at enhancing the dining experience. The initiative includes a redesigned menu featuring both classic favorites and new items, such as the Mac N' Brisket Sizzlin' Skillet and Oven-Baked Lasagna. An augmented reality (AR) experience is also introduced to provide an interactive dining journey. The company emphasizes its commitment to diner culture with new employee uniforms and merchandise. Additionally, a national TV campaign has been rolled out to promote the revamped dining experience.

Denny's Corporation (NASDAQ: DENN) reported fourth quarter results for the year ending December 28, 2022, showing a 12.3% revenue increase to $120.8 million. CEO Kelli Valade highlighted an adjusted EBITDA of $23.4 million, slightly surpassing forecasts amidst challenging market conditions. Key achievements include opening 13 franchised locations and completing seven remodels. However, operating income declined to $17.6 million from $62.6 million year-over-year. For 2022, total revenue reached $456.4 million, aided by the acquisition of Keke's. Looking forward, the company anticipates same-restaurant sales growth of 3% to 6% in 2023, amid inflationary pressures.

Denny's Corporation (NASDAQ: DENN) will announce its financial and operating results for the fourth quarter and full year ended December 28, 2022, on February 13, 2023, after market close. A conference call led by senior management will take place at 4:30 p.m. ET to discuss the results and address questions. As of December 28, 2022, Denny's operates 1,656 restaurants, with a large majority being franchised. The Denny's brand includes 1,602 global restaurants, while Keke's has 54.

For further details, visit the investor relations section of their website.

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.