Wednesday September 23, 2020, 00:00:00
By Mark Kalinowski
With this report, we update our data-driven Kalinowski Family Dining Index for Q3E to -29.0%. This figure is based on our latest proprietary checks/data as regards samestore sales performance for this segment during July 2020 and August 2020, as well as our best guess for what September 2020 is bringing us. The approximate monthly figures we use are -35% for July 2020, -29% for August 2020, and -25% for September 2020.
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Monday September 14, 2020, 00:00:00
By Mark Kalinowski
With this report, we introduce our quarterly EPS estimates for Denny’s (DENN; Buy, $10.87) for 2021E as follows:
Q1E: $0.12
Q2E: $0.08
Q3E: $0.13
Q4E: $0.17
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Tuesday July 28, 2020, 00:00:00
By Mark Kalinowski
After today’s (Tuesday, July 28th’s) market close, Denny’s (DENN; Buy, $8.96) reported Q2 adjusted EPS of -$0.25, in between our -$0.28 projection and sellside consensus (according to Consensus Metrix) of -$0.20. On the other hand, Q2 adjusted EBITDA of -$5.1 million was better than our -$11.6 million estimate and consensus of -$6.9 million.
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