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Denny's Corporation to Present at the Oppenheimer 24th Annual Consumer Growth and E-Commerce Conference on June 10, 2024
Newsfilter· 2024-06-04 22:41
SPARTANBURG, S.C., June 04, 2024 (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 announced that the Company will participate virtually in the Oppenheimer 24th Annual Consumer Growth and E-Commerce Conference. The Company will hold investor meetings during the conference, and Kelli Valade, Chief Executive Officer, will present on Monday, June 10, 2024, at 9:45 a.m. Eastern Time. Investors and interested pa ...
Denny’s(DENN) - 2024 Q1 - Earnings Call Transcript
2024-05-01 10:27
财务数据和关键指标变化 - 公司第一季度总营收为1.1亿美元,同比下降5.7% [53] - 特许经营收入为5760万美元,同比下降10% [53] - 公司餐厅销售收入为5230万美元,同比下降2.2% [56] - 调整后的特许经营利润率为52.2%,同比提升2.8个百分点 [55] - 调整后的公司餐厅营业利润率为11.5%,同比下降1.7个百分点 [56] - 调整后的EBITDA为1840万美元 [59] 各条业务线数据和关键指标变化 - 丹尼斯品牌国内同店销售下降1.3%,但两年同店销售增长7.1% [44] - 丹尼斯品牌同店销售中,价格上涨约5.5%,部分被产品组合下降0.5%所抵消 [45] - Keke's Breakfast Cafe同店销售下降3.6% [47] - Keke's在奥兰多地区的表现一直落后于佛罗里达州和全国平均水平 [48] 各个市场数据和关键指标变化 - 加利福尼亚州公司餐厅的价格上涨约5%,以抵消AB 1228法案的影响 [46] - 公司餐厅在加州的管理层和员工流失率有所改善,未出现大幅上涨工资的情况 [57][58] 公司战略和发展方向及行业竞争 - 公司将继续创新和主导早餐业务,并专注于提供无与伦比的价值 [15][19] - 公司将扩大Banda Burrito虚拟品牌至加州以外的市场 [26] - 公司将重新启动广告合作计划,每年增加1200万美元的广告投放 [27] - 公司将推进新一轮餐厅翻新计划,预计可带来中个位数的客流增长 [33][34][35] - Keke's Breakfast Cafe将推出酒类饮品,并计划进行餐厅翻新 [48][49] 管理层对经营环境和未来前景的评论 - 尽管宏观环境充满挑战,但公司的价值主张和便利性策略有望支撑销售增长 [73][74][75] - 公司对Keke's Breakfast Cafe品牌在新市场的表现感到乐观,并计划进一步扩张 [38][39][40][41] - 公司对新的云POS系统和餐厅翻新计划带来的积极影响充满信心 [30][31][32][33][34][35] 问答环节重要的提问和回答 问题1 **Michael Tamas 提问** 公司2024年同店销售指引0%-3%的增长,意味着第二季度及以后的增速将大幅加快。在宏观环境更加严峻的情况下,公司对此有何信心? [73] **Robert Verostek 回答** 公司在3月中旬至4月中旬期间,同店销售出现一定波动,但4月下旬开始,销售趋势有所改善,并继续跑赢家庭餐饮和休闲餐饮行业。公司的价值主张策略正在发挥作用,新推出的"全日餐厅优惠"深受欢迎。[74][75] 问题2 **Jake Bartlett 提问** 公司是否计划继续测试其他价值优惠方案,除了刚刚推出的"全日餐厅优惠"? [90][91] **Kelli Valade 回答** 公司确实还在测试其他价值优惠方案,并会在未来推出更多有吸引力的日常价值优惠产品。"全日餐厅优惠"是经过最新一轮测试和调整后的结果,但公司并未止步于此,还有其他计划。[91] 问题3 **Todd Brooks 提问** 公司是否考虑对Keke's Breakfast Cafe现有门店进行翻新,以引入Tennessee市场的新设计元素? [103][109] **Kelli Valade 回答** 公司正在研究针对Keke's现有门店的翻新方案,以将Tennessee市场的一些成功设计元素引入。具体的翻新成本和方案还在评估中,公司计划先在一家门店试点,以验证效果。[109]
Here's What Key Metrics Tell Us About Denny's (DENN) Q1 Earnings
Zacks Investment Research· 2024-05-01 08:31
For the quarter ended March 2024, Denny's (DENN) reported revenue of $109.97 million, down 6.4% over the same period last year. EPS came in at $0.11, compared to $0.13 in the year-ago quarter. The reported revenue represents a surprise of -3.89% over the Zacks Consensus Estimate of $114.42 million. With the consensus EPS estimate being $0.14, the EPS surprise was -21.43%. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street e ...
Denny’s(DENN) - 2024 Q1 - Quarterly Report
2024-05-01 05:03
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 27, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______________ to ________________ Commission File Number 0-18051 DENNY’S CORPORATION (Exact name of registrant as specified in its charter) Delaware 13-3487 ...
Denny’s(DENN) - 2024 Q1 - Quarterly Results
2024-05-01 04:14
DENNY’S CORPORATION REPORTS RESULTS FOR FIRST QUARTER 2024 SPARTANBURG, S.C., April 30, 2024 - 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 27, 2024 and provided a business update on the Company’s operations. Kelli Valade, Chief Executive Officer, stated, "I am very pleased that our first quarter domestic same-restaurant sales and traffic outperformed both the family and ...
Denny's Unveils New Spring Menu Featuring the Berry Waffle Slam®, BBQ Bacon Chicken Sandwich, and Brownie Sundae with Oreo® Pieces!
Newsfilter· 2024-04-17 22:21
Spartanburg, SC, April 17, 2024 (GLOBE NEWSWIRE) -- Denny's (NASDAQ:DENN), the iconic American diner, is ushering in the flavors of spring with an array of mouthwatering additions to its menu. From the delectable Berry Waffle Slam® to the savory BBQ Bacon Chicken Sandwich, indulgent Brownie Sundae with Oreo® pieces and Cinnamon Sugar Pancake Puppies, these new offerings are set to delight guests across the nation. Leading the charge is the limited-time Berry Waffle Slam®, featuring two Liège-style waffles m ...
Swing For the Fences: Denny's Grand Slam® Giveaway Celebrates Spring and America's Pastime
Newsfilter· 2024-04-02 22:23
Spartanburg, SC, April 02, 2024 (GLOBE NEWSWIRE) -- Baseball is back, and Denny's (NASDAQ:DENN) is celebrating the season by serving up Original Grand Slams for four lucky diner fans throughout the 2024 professional baseball regular season. The Grand Slam Giveaway not only heralds the return of baseball but also the 50th anniversary of a home run record-breaking event on April 8, 1974. "We love feeding America, including their fandom, and there is nothing quite like coming together for delicious food while ...
How $68bn AI king Jensen Huang spoke no English, worked at Denny's but could be bigger than Elon Musk: ‘American dream'
New York Post· 2024-03-01 02:45
背景介绍 - Jensen Huang是Nvidia的创始人和CEO,凭借该公司的股价飙升,正迅速接近埃隆·马斯克,成为世界上最富有的人之一[1] - Nvidia制造高度先进的芯片,用于推动人工智能,使其成为世界上最炙手可热的商品,也让Huang的净资产呈指数级增长[2] - Huang目前价值686亿美元,是福布斯评定的,比去年2月的身价翻了一番,比2017年身价增长了25倍,当时首次被列为亿万富翁[3]
Denny’s(DENN) - 2023 Q4 - Annual Report
2024-02-26 00:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 27, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission file number 0-18051 DENNY’S CORPORATION (Exact name of registrant as specified in its charter) Delaware 13-3487402 (State or other jurisdicti ...
Why Denny's Stock Was in the Dumps Today
The Motley Fool· 2024-02-15 01:35
Shares of American diner chain Denny's (DENN -7.72%) were in the dumps on Wednesday after the company reported financial results for the fourth quarter of 2023. Growth is anemic, expenses are up, and profits are consequently down. And that's why Denny's stock was down 7% as of 10:30 a.m. ET and had been down as much as 10.5% earlier in the session. It's a tough business to be in right now Over 95% of the more than 1,600 Denny's locations are franchised, but company-owned restaurant sales still accounted for ...