Welcome to our dedicated page for Dennys news (Ticker: DENN), a resource for investors and traders seeking the latest updates and insights on Dennys stock.
Denny's Corp (NASDAQ: DENN), America's iconic 24/7 diner, maintains this dedicated news hub for investors and industry observers. Track official press releases, financial disclosures, and operational updates from the franchised restaurant leader known for its All-Day Breakfast and expansive family dining menu.
This resource provides timely access to essential developments including quarterly earnings, franchise expansion announcements, menu innovations, and leadership updates. Discover how Denny's balances its 70-year heritage with modern initiatives like digital ordering integration and sustainable packaging programs.
Key updates cover both corporate-owned locations and franchise operations across 1,600+ global outlets. Content types include strategic partnership announcements, same-store sales performance, and brand evolution initiatives. All materials are sourced directly from company filings and authorized communications.
Bookmark this page for verified updates on Denny's dual-brand strategy with Keke's Breakfast Cafe, franchisee support programs, and consumer trend adaptations in the casual dining sector. Check regularly for new developments affecting this NASDAQ-listed restaurant operator's market position.
Denny’s Corporation (NASDAQ: DENN) has amended its credit facility, enhancing financial flexibility amid the pandemic. The commitment is now $375 million, with certain financial covenants waived through March 31, 2021. Following this period, more favorable covenant levels will be implemented in fiscal Q2 and Q3 of 2021. As of November 18, 2020, Denny’s had $215 million outstanding on the facility, showcasing an effort to align with a conservative leverage strategy, as stated by CFO Robert Verostek.
Denny's Corporation (NASDAQ: DENN) announced its participation in the virtual Stephens 2020 Annual Investment Conference on November 18, 2020, at 4:00 p.m. ET. Mark Wolfinger, President, will present during the event, which investors can access via a live audio webcast on the company’s Investor Relations website. A replay will be available post-event. As of September 23, 2020, Denny's operates 1,664 restaurants globally, making it one of America's largest franchised full-service restaurant chains.
Denny's Corporation (NASDAQ: DENN) reported third-quarter results for the period ending September 23, 2020, amid the ongoing COVID-19 pandemic. Total operating revenue was $71.6 million, down from $124.3 million year-over-year. Domestic same-store sales decreased by 33.6%. Net income was $6.5 million, or $0.10 per diluted share, compared to $49.1 million, or $0.80 per diluted share, last year. Despite challenges, the company saw sequential sales improvement and emphasized its focus on health, safety, and operational innovations. The outlook for the remainder of 2020 projects same-store sales recovery between 70% and 75% of prior year levels.
Denny’s Corporation (NASDAQ: DENN) will release its financial results for Q3 2020 on October 27, 2020, after market close. A conference call with senior management will follow at 4:30 p.m. ET to discuss these results and answer questions. Interested parties can listen to the live broadcast on Denny's investor relations website. As of June 24, 2020, Denny’s operates 1,683 restaurants worldwide, including locations in Canada, Puerto Rico, Mexico, and several other countries. For more information, visit their investor relations site.
Denny’s Corporation (NASDAQ: DENN) announced its participation in CL King’s 18th Annual Best Ideas Conference, scheduled for September 16, 2020, at 11:00 a.m. Eastern Time. Mark Wolfinger, President, will present during the event, which will be available via a live webcast on Denny's Investor Relations website. As of June 24, 2020, Denny’s operates 1,683 restaurants worldwide, including locations in Canada, Mexico, the Philippines, and other countries. A replay of the presentation will be accessible after the live event.
Denny's Corporation (NASDAQ: DENN) reported second-quarter results on July 28, 2020, highlighting the challenges posed by COVID-19. Total operating revenue fell to $40.2 million, a 73% decline from the prior year. Same-store sales decreased 56.9%, with franchise revenue dropping to $25.0 million. Denny's reported a net loss of $23.0 million, equating to $0.41 per diluted share. Despite a decrease in sales, the company experienced a sequential improvement in same-store sales and implemented cost-saving measures, including financial relief for franchisees and a successful capital raise of $69.6 million.
Denny’s Corporation (NASDAQ: DENN) will announce its second quarter financial results for the period ending June 24, 2020, on July 28, 2020, after market close. Senior management will host a conference call at 4:30 p.m. Eastern Time to discuss these results and address questions. Interested investors can listen to the live broadcast via the Investor Relations section of Denny’s website. A replay will be accessible later that day for 30 days. As of March 25, 2020, Denny’s operates 1,695 restaurants globally.
Denny's Corporation (NASDAQ: DENN) has partnered with St. Jude Children's Research Hospital to support childhood cancer treatment. From now on, a portion of proceeds from kids' menu orders will be donated to St. Jude's mission of finding cures and saving children. The kids' menu features artwork from St. Jude patient Marleigh, a leukemia survivor. Denny's aims to help families by ensuring no bills are received for treatment, travel, housing, or food. The partnership underscores Denny's commitment to making a difference in children's health.
Denny’s Corporation (NASDAQ: DENN) has announced a public offering of 8,000,000 shares of its common stock priced at $9.15 per share, aiming to close on July 6, 2020. The offering includes a 30-day underwriter option for an additional 1,200,000 shares. Estimated net proceeds from the offering are approximately $69.6 million, potentially rising to $80.1 million if the underwriter option is fully exercised. Proceeds will fund general corporate purposes. The shares are offered under an effective shelf registration with the SEC.
Denny's Corporation (NASDAQ: DENN) announced a public offering of 8,000,000 shares of common stock, with an option for underwriters to purchase an additional 1,200,000 shares. The offering aims to raise funds for general corporate purposes. Wells Fargo Securities, Citizens Capital Markets, and Regions Securities are managing the offering under an effective shelf registration. The company operates one of America's largest full-service restaurant chains, with 1,695 restaurants worldwide as of March 25, 2020.
