Wednesday February 12, 2025, 10:37:24

DENN (Post-Call): Soft Sales to Start Q1, Adjusted EBITDA Target for 2025 Below Consensus

By Mark Kalinowski

Earlier today (Wednesday), Denny’s reported fourth-quarter adjusted EPS of $0.14. This was one cent below our $0.15 forecast and one cent below sell-side consensus (according to Consensus Metrix) of $0.15. We calculate that the adjusted tax rate amounted to 35.7% in Q4 – well above our 25.0% projection and consensus of 24.9%. By our math, Q4 adjusted EPS would have been +2 to +3 cents higher if the adjusted tax rate had matched consensus.

Read more

Tuesday October 22, 2024, 13:14:00

DENN: Introduces its Long-Range Outlook at Today’s Analyst Meeting

By Mark Kalinowski

Earlier today, Denny’s announced its Q3 earnings. The company also hosted an Analyst Meeting in New York City. Slides pertaining to today’s Analyst Meeting are located at:

Read more

Tuesday July 30, 2024, 18:56:50

DENN (Post-Call): Plans to Relaunch its $2-$4-$6-$8 Value Menu with New $10 Options

By Mark Kalinowski

After today’s (Tuesday’s) market close, Denny’s reported adjusted Q2 EPS of $0.13, falling short of our $0.16 forecast and sell-side consensus (according to Consensus Metrix) of $0.17. Second-quarter adjusted EBITDA amounted to $20.3 million. This was below our $23.6 million projection and consensus of $23.4 million.

Read more