Tuesday January 20, 2026, 06:00:00
With this report, we drop coverage of Denny’s (former ticker symbol DENN) as its acquisition by a trio of privately-held entities closed this past Friday (January 16th). Our former rating, EPS estimates, same-store sales forecasts, and other projections/opinions should no longer be relied upon. (We drop all of our prior EPS estimates and target price with this report.) For more info:
Monday November 3, 2025, 19:11:33
After today’s market close, Denny’s announced that it plans to be acquired by two private-equity firms (TriArtisan Capital Advisors and Treville Capital Group), along with one of its larger franchisees (Yadav Enterprises). The planned purchase price is $6.25 per share (all cash). As a result, DENN shares have soared by about +47% in today’s after-market trading, to $6.04 per share as of this writing, well above today’s closing price in the regular trading session of $4.11.
Monday August 4, 2025, 19:19:11
After today’s (Monday’s) market close, Denny’s reported adjusted Q2 EPS of $0.09. This was short of our $0.12 forecast and sell-side consensus (according to Consensus Metrix) of $0.11. By our math, the 27.0% Q2 adjusted tax rate was a little more onerous than our 25.0% projection and consensus of 25.1%. The two-point difference in the tax rate relative to our estimate hampered Q2 adjusted EPS by about -2/10ths of one cent. Second-quarter adjusted EBITDA reached $18.8 million. We had been forecasting $20.1 million, and consensus was at $20.0 million.