For the quarter ended March 2025, Denny's (DENN) reported revenue of $111.64 million, up 1.5% over the same period last year. EPS came in at $0.08, compared to $0.11 in the year-ago quarter.The reported revenue represents a surprise of +1.56% over the Zacks Consensus Estimate of $109.92 million. With the consensus EPS estimate being $0.08, the company has not delivered EPS surprise.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wal ...

Denny's (DENN) came out with quarterly earnings of $0.08 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.11 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this restaurant operator would post earnings of $0.15 per share when it actually produced earnings of $0.14, delivering a surprise of -6.67%.Over the last four quarters, the company has not been able to surpass consensus EPS estimates.Denny's, which belongs ...

Financial Performance - Total operating revenue for the quarter ended March 26, 2025, was $111.637 million, a 1.5% increase from $109.974 million in the prior year period[79] - Net income for the quarter ended March 26, 2025, was $326,000, a significant decrease from $4.691 million in the prior year period[79] - Company same-restaurant sales decreased by 0.9% compared to the prior year, while domestic franchise same-restaurant sales decreased by 3.2%[81] - Operating income was $5.2 million for the current quarter, down from $10.0 million in the prior year period[99] Revenue Breakdown - Company restaurant sales increased by $1.6 million, or 3.0%, for the quarter ended March 26, 2025, primarily due to an increase of 11 Keke's equivalent units[85] - Franchise and license revenue for the quarter ended March 26, 2025, was $57.737 million, a slight increase of 0.2% from $57.632 million in the prior year[89] - Royalties decreased by $1.5 million, or 5.0%, primarily due to a 3.2% decrease in Denny's domestic franchise same-restaurant sales[89] - Initial and other fees increased by $1.1 million, or 58.3%, primarily due to the collection of a $0.6 million early franchise termination fee[91] Cost Analysis - Total costs of company restaurant sales as a percentage of company restaurant sales were 92.8% for the quarter ended March 26, 2025, compared to 91.9% for the prior year[85] - Occupancy costs as a percentage of company restaurant sales increased to 9.4% for the quarter ended March 26, 2025, from 8.7% in the prior year[87] - Franchise and license revenue costs increased by $1.0 million, or 3.6%, resulting in costs representing 49.1% of franchise and license revenue for the quarter ended March 26, 2025, up from 47.5% in the prior year[92] - General and administrative expenses decreased by $1.2 million to $20.0 million for the quarter ended March 26, 2025, primarily due to a $1.0 million decrease in deferred compensation valuation adjustments[94] - Total depreciation and amortization expense increased to $4.1 million for the quarter ended March 26, 2025, primarily due to new Keke's units[95] Cash Flow and Investments - Net cash provided by operating activities was $5.0 million for the quarter ended March 26, 2025, compared to $0.2 million for the same period last year[105] - Net cash flows used in investing activities were $7.2 million for the quarter ended March 26, 2025, including capital expenditures of $9.1 million[106] - The company recorded impairment charges of $3.2 million during the quarter, primarily related to closed franchise restaurants[97] - The company is investing approximately $4 million in a new cloud-based restaurant technology platform, with rollout expected to continue through 2026[114] Debt and Taxation - As of March 26, 2025, the company had outstanding revolver loans of $266.0 million and outstanding letters of credit of $16.1 million under its credit facility[111] - The effective tax rate for the quarter was 47.4%, compared to 24.6% for the prior year period, with an expected fiscal year effective tax rate between 22% and 26%[101] - As of March 26, 2025, the company's ratio of fixed rate debt increased from 4% to 89% of total debt due to swaps[119] - A hypothetical change of 100 basis points in interest rates would result in a $0.2 million change in annual cash flow and income before taxes[119] Market Risks - There have been no material changes in quantitative and qualitative market risks since the prior reporting period, except for fluctuations in the fair values of interest rate swaps[120] Company Overview - The Denny's brand consisted of 1,491 restaurants as of March 26, 2025, with 1,430 being franchised/licensed and 61 company-operated[76]

DENNY'S CORPORATION INVESTOR PRESENTATION MAY THROUGH JULY 2025 FORWARD-LOOKING STATEMENTS AND NON-GAAP FINANCIAL MEASURES The Company urges caution in considering its current trends and any outlook on earnings disclosed either in this presentation or in its press releases. In addition, certain matters discussed in either this presentation or related press releases may constitute forward- looking statements. These forward-looking statements, which reflect management's best judgment based on factors currentl ...

Denny's (DENN) Q1 2025 Earnings Call May 05, 2025 04:30 PM ET Speaker0 Ladies and gentlemen, greetings, and welcome to the Denise Corporation First Quarter twenty twenty five Earnings Conference Call. At this time, all participants are in a listen only mode. A brief question and answer session will follow the formal presentation. As a reminder, this conference is being recorded. It is now my pleasure to introduce your host, Gayla Mani, Senior Director of Investor Relations. Please go ahead. Speaker1 Good af ...

DENNY'S CORPORATION REPORTS RESULTS FOR FIRST QUARTER 2025 SPARTANBURG, S.C., May 5, 2025 - Denny's Corporation (the "Company") (NASDAQ: DENN), owner and operator of Denny's Inc. ("Denny's") and Keke's Inc. ("Keke's") today reported results for its first quarter ended March 26, 2025 and provided a business update on the Company's operations. Franchise and license revenue was $57.7 million compared to $57.6 million for the prior year quarter. This increase was primarily driven by higher local advertising co- ...

SPARTANBURG, S.C., May 05, 2025 (GLOBE NEWSWIRE) -- Denny’s Corporation (the "Company") (NASDAQ: DENN), owner and operator of Denny's Inc. ("Denny's") and Keke's Inc. ("Keke's"), today reported results for its first quarter ended March 26, 2025 and provided a business update on the Company’s operations. Kelli Valade, Chief Executive Officer, stated, "The beginning of the year has presented significant challenges for consumers, which is evident in our results. Our teams have remained focused on executing aga ...

SPARTANBURG, S.C.,, April 30, 2025 (GLOBE NEWSWIRE) -- Denny’s, (NASDAQ: DENN), America’s Diner, proudly celebrates the newest recipients of its prestigious Hungry for Education™ Scholarship Program, awarding $161,000 in scholarships to outstanding students from across the country who are driving change in their communities. For more than thirteen years, Denny’s has been committed to supporting multicultural communities through its Hungry for Education™ Scholarship Program. Understanding the critical role o ...

Core Viewpoint - Denny's Corporation will announce its financial and operating results for the first quarter ended March 26, 2025, on May 5, 2025, after market close, followed by a conference call to discuss these results [1] Group 1: Company Overview - Denny's Corporation is one of America's largest full-service restaurant chains, with a total of 1,568 restaurants as of December 25, 2024, including 1,493 franchised and licensed restaurants and 75 company-operated restaurants [3] - The Denny's brand consists of 1,499 global restaurants, with 1,438 franchised and licensed and 61 company-operated [4] - The Keke's brand includes 69 restaurants, with 55 franchised and 14 company-operated [4] Group 2: Investor Relations - Interested parties can access a live broadcast of the conference call through the Investor Relations section of the Company's website [2] - For inquiries, the Company's Investor Relations Department can be contacted at 877-784-7167 [2][6]

SPARTANBURG, S.C., April 14, 2025 (GLOBE NEWSWIRE) -- Denny’s Corporation (the "Company") (NASDAQ: DENN), owner and operator of Denny's Inc. ("Denny's") and Keke's Inc. ("Keke's"), will announce financial and operating results for its first quarter ended March 26, 2025, on Monday, May 5, 2025, after the markets close. Senior management will hold a conference call on the same day at 4:30 p.m. Eastern Time to discuss these results and answer questions. Interested parties are invited to listen to a live broadc ...