Tuesday February 15, 2022, 17:44:13
After today’s (Tuesday’s) market close, Denny’s reported adjusted EPS of $0.16, coming in one cent shy of our $0.17 forecast, and a penny light of sell-side consensus (according to Consensus Metrix) of $0.17. Adjusted EBITDA for Q4 amounted to $24.1 million, in the neighborhood of consensus at $24.5 million.
Monday January 31, 2022, 07:00:00
Denny’s (DENN; Neutral, $15.31) plans to report its fourth quarter earnings after the market close on Tuesday, February 15th. The company has already pre-announced Q4 2021 U.S. same-store sales of +49.0% on a one-year basis and +0.7% on a two-year basis. In addition, on January 10th the company reiterated its full-year 2021 adjusted EBITDA target range of $84-$86 million.
Monday January 3, 2022, 07:00:00
We believe that family-dining segment same-store sales in the U.S. likely came in worse than the Street expected for Q4 2021. This seems to have been caused in part by consumer concerns about rising U.S. Covid cases (particularly in December), as well as concerns about the Omicron variant (also primarily in December).
Wednesday September 18, 2024
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Wednesday September 11, 2024