Tuesday May 2, 2023, 18:59:01

DENN (Post-Call): Looks for 2023 Same-Store Sales at the Higher End of Target Range

By Mark Kalinowski

After today’s (Tuesday’s) market close, Denny’s reported first-quarter adjusted EPS of $0.13. This matched our $0.13 projection, but was one cent short of sell-side consensus (according to Consensus Metrix) of $0.14.

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Monday February 13, 2023, 18:03:47

DENN (Post-Call): Unveils Key 2023 Financial Targets

By Mark Kalinowski

After Monday’s market close, Denny’s reported adjusted Q4 EPS of $0.18, coming in ahead of our $0.16 forecast and sell-side consensus (according to Consensus Metrix) of $0.17. The fourth quarter adjusted EBITDA figure of $23.4 million exceeded the higher end of the company’s stated target range of $21-$23 million, as well as our $22.9 million projection and consensus of $22.8 million.

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Tuesday November 1, 2022, 19:36:32

DENN (Post-Call): Targets +1% to +3% Q4 Same-Store Sales Growth

By Mark Kalinowski

After today’s (Tuesday’s) market close, Denny’s reported adjusted Q3 EPS of $0.12. This fell short of our $0.14 forecast and sell-side consensus (according to Consensus Metrix) of $0.14. However, the difference between the adjusted Q3 EPS actual and our forecast (and consensus) appears to be a legal settlement expense of $1.8 million. Excluding this settlement expense, adjusted EPS would have matched our forecast and consensus.

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