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Dennys Corp SEC Filings

DENN Nasdaq

Welcome to our dedicated page for Dennys SEC filings (Ticker: DENN), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.

This page provides access to Denny’s Corporation (NASDAQ: DENN) SEC filings, offering a detailed view of how the company reports its operations as one of America’s largest full-service restaurant brands. Through these documents, investors can review financial performance, franchising economics, capital structure, and the company’s plans to transition from a public to a private company.

Core filings such as the annual report on Form 10-K and quarterly reports on Form 10-Q describe Denny’s company restaurant sales, franchise and license revenue, operating margins, and the composition of its restaurant base across the Denny’s and Keke’s Breakfast Cafe brands. These filings also outline the mix of franchised and company-operated units and provide segment-level context for how each brand contributes to the business.

Current reports on Form 8-K capture material events, including quarterly earnings press releases, amendments to the company’s credit facility, and the Agreement and Plan of Merger with Sparkle Topco Corp. and Sparkle Acquisition Corp., entities controlled by funds managed by affiliates of TriArtisan Capital Advisors LLC. In these filings, Denny’s explains that a subsidiary of Sparkle Topco Corp. will merge with Denny’s Corporation and that, upon completion, Denny’s will become a wholly owned subsidiary and its common stock will no longer be listed on Nasdaq.

Filings such as the Form 12b-25 notification of late filing provide additional context on reporting timelines and anticipated changes in results of operations, including commentary on changes in company restaurant sales, franchise and license revenue, and operating income compared with prior periods.

On Stock Titan, SEC filings for DENN are paired with AI-powered summaries that highlight key points from lengthy documents, helping readers quickly identify information on revenue trends, franchising performance, debt arrangements, and merger-related terms. Real-time updates from EDGAR ensure that new 10-K, 10-Q, 8-K, and related filings, as well as any future proxy materials related to the merger, are available as soon as they are posted.

Rhea-AI Summary

Denny’s Corporation announced a definitive agreement to be acquired by Sparkle Topco Corp., an affiliate of TriArtisan Capital Advisors. At closing, each outstanding share will be converted into the right to receive $6.25 in cash, and Denny’s will become a wholly owned subsidiary and cease to be publicly traded.

The transaction is supported by committed financing comprising an $220,000,000 equity commitment and $335,000,000 secured debt (a $300,000,000 term loan and a $35,000,000 revolver). The board unanimously approved the agreement and will recommend stockholders adopt it, subject to customary conditions including stockholder approval, HSR waiting period expiration/termination, absence of legal prohibitions, and no termination of the agreement. A no‑shop applies, with a fiduciary out for a Superior Company Proposal or an Intervening Event.

Termination fees include $10,320,000 payable by the Company in specified scenarios and $17,200,000 payable by Buyer if it fails to close under certain conditions. The Outside Date is June 30, 2026. The parties also executed a sale‑leaseback agreement for certain real estate contemporaneous with closing.

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Rhea-AI Summary

Denny’s Corporation (DENN) filed its Q3 2025 report, showing steady revenue but sharply lower profit and announcing a definitive merger agreement. Total operating revenue was $113.2 million, up slightly from $111.8 million a year ago, as higher company restaurant sales offset softer franchise revenue. Net income was $0.6 million versus $6.5 million last year, driven by higher interest expense and $3.7 million of debt issuance costs recognized in other nonoperating expense.

Franchise and license revenue declined with fewer Denny’s franchised units and lower same-store sales, while Keke’s grew through unit additions and positive comps. Operating cash flow improved to $30.3 million year-to-date.

After quarter-end, Denny’s amended its credit facility, reducing capacity to $325 million, extending maturity to January 29, 2027, and prohibiting dividends and share repurchases. The company also entered into a Merger Agreement under which holders will receive $6.25 in cash per share, subject to customary conditions, including stockholder approval. Shares outstanding were 51,498,994 as of October 28, 2025.

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Denny’s Corporation filed a Form 12b-25 to notify a late Form 10-Q for the quarter ended September 24, 2025, citing additional work tied to an Agreement and Plan of Merger with Sparkle Topco Corp. The company states it will file the Form 10-Q no later than five calendar days after the prescribed due date under Rule 12b-25.

Preliminary figures show mixed performance: company restaurant sales increased $4.7 million (8.9%) for the quarter, while franchise and license revenue decreased $3.2 million (5.4%). Operating income was $10.4 million versus $11.7 million a year earlier. Net income was $0.6 million compared to $6.5 million in the prior-year quarter. Costs of company restaurant sales were 87.4% of sales for the quarter, down from 88.8% a year ago, and costs of franchise and license revenue decreased $2.2 million (7.6%).

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Rhea-AI Summary

Denny’s Corporation filed an 8-K stating it issued a press release announcing financial results for the third quarter ended September 24, 2025. The press release is furnished as Exhibit 99.1 and incorporated by reference.

This 8-K is an administrative notice of disclosure; detailed figures and commentary are contained in the attached press release.

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Denny’s Corporation amended its credit facility. The Second Amendment extends the facility’s maturity to January 29, 2027, reduces the aggregate capacity from $400 million to $325 million, and removes the accordion feature that had permitted an increase up to $450 million.

The amendment also prohibits dividends and share repurchases, alongside other general investment restrictions. The facility remains with Wells Fargo Bank, National Association, as Administrative Agent, with Denny’s, Inc. as Borrower and certain subsidiaries as Guarantors.

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Jumana Capital Investments LLC and Christopher R. Martin filed a Form 4 for Denny’s Corp. They reported open-market purchases of common stock on 10/17/2025 (11,750 shares at a weighted average $4.9929, with trades from $4.9137 to $4.9996), 10/20/2025 (162,210 shares at $5.0475), and 10/21/2025 (9,347 shares at $5.1416). Following these trades, beneficial ownership is listed as 3,804,870 shares, held directly by Jumana Capital. The report also shows a derivative transaction on 10/21/2025: sale of 6,600 call options at $0.42 with a $5 strike expiring 11/21/2025, leaving 0 derivative securities held. Footnotes state Martin, as Manager of Jumana Capital, may be deemed a beneficial owner.

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insider
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Denny’s Corp (DENN): Initial insider ownership reported. Jumana Capital Investments LLC and Christopher R. Martin jointly filed a statement of beneficial ownership. They report 3,621,563 shares of common stock held directly, and exchange-traded options tied to Denny’s shares.

Disclosed derivatives include call options for 660,000 shares (exercise price $5, expiring 11/21/2025) and 50,000 shares ($5, expiring 02/20/2026), plus put options for 120,000 shares ($5, expiring 02/20/2026) and 2,150,000 shares ($5, expiring 05/15/2026). The filers state they are members of a Section 13(d) group that collectively owns more than 10% and disclaim beneficial ownership beyond their pecuniary interest.

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Denny’s Corp (DENN): Ownership disclosure by JCP-affiliated group. JCP Investment entities and James C. Pappas filed a joint Section 16 report showing indirect beneficial ownership of 455,717 shares by JCP Investment Partnership, LP and 373,774 shares in accounts managed by JCP Investment Management, LLC. The filers note they were part of a Section 13(d) group that, as of October 17, 2025, collectively held over 10% of Denny’s common stock. They further state that, as of October 21, 2025, the group no longer collectively owns more than 10%.

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Filing
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Allspring Global Investments Holdings, LLC reported beneficial ownership of 7,531,454 shares of Denny's Corp common stock, representing 14.6% of the class. The filing shows sole voting power over 7,347,397 shares and sole dispositive power over 7,531,454 shares. The securities are held for clients of investment advisers controlled by Allspring; no single client is reported to hold more than 5% of the class. The filer certified the stake was acquired in the ordinary course of business and not for the purpose of influencing control. Subsidiaries listed include Allspring Global Investments, LLC and Allspring Funds Management, LLC.

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Group investors JCP and Jumana disclosed a joint Schedule 13D for DENNY'S Corp (DENN), reporting combined beneficial ownership of 4,829,491 shares, or approximately 9.4% of the 51,498,994 shares outstanding. Jumana Capital holds 4,000,000 shares (including 785,000 shares underlying currently exercisable call options) representing about 7.8%, while JCP-related entities and accounts hold 829,491 shares (about 1.6%).

The filing states purchases were made with working capital and specifies aggregate purchase prices for JCP and Jumana holdings. The parties executed a Group Agreement on September 8, 2025 to coordinate activities, split group expenses (JCP 20%, Jumana 80%), and to file joint Schedule 13D amendments as required. The reporting persons state an intent to engage with DENN's management and board regarding opportunities to enhance shareholder value and reserve the right to buy, sell or otherwise change their positions.

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FAQ

What is the current stock price of Dennys (DENN)?

The current stock price of Dennys (DENN) is $6.25 as of January 19, 2026.

What is the market cap of Dennys (DENN)?

The market cap of Dennys (DENN) is approximately 321.9M.

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DENN Stock Data

321.87M
49.14M
Restaurants
Retail-eating Places
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United States
SPARTANBURG

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