DIN: Updating our EPS and Same-Store Sales Forecasts

By Ryan D. Lavender Published on March 24, 2021 at 4:16 PM

With this report, we increase our Q1E U.S. same-store sales forecast for Applebee’s by +450 basis points, to +1.0%. As of this writing, sell-side consensus (according to Consensus Metrix) is at -3.5%. Our increased forecast represents factors including: (1) general improvement in one-year and two-year casual dining sector trends, (2) Applebee’s resumption of national advertising in early March (which it did not have in January and February), coupled with (3) our belief that the Applebee’s guest in general may be more motivated to act by national advertising than the casual-dining guest in general. Keep in mind that about 48% of Applebee’s guests are under the age of 35, and also Applebee’s relative shift embracing more marketing on social-media platforms — to which guests 35 and under seem to respond relatively better than folks above the age of 35.

DENN Conference Call Highlights Opportunities in a Rapidly-Changing World

By Mark Kalinowski Published on November 11, 2020 at 12:00 AM

Yesterday, Kalinowski Equity Research hosted its latest “Ask the Experts” conference call — this time around, featuring Denny’s. The call included multiple participants from Denny’s: (1) President Mark Wolfinger, (2) Senior Vice President and Chief Financial Officer Robert Verostek, (3) Vice President Investor Relations and Financial Planning & Analysis Curt Nichols, and (4) Director Investor Relations and Financial Planning & Analysis Kayla Money. We thank them for their time!

DENN Conference Call TODAY Featuring Denny’s

By Mark Kalinowski Published on November 10, 2020 at 12:00 AM

Kalinowski Equity Research invites you to participate in our latest “Ask the Experts” conference call, to take place today — Tuesday, November 10th — starting at 11:00 AM Eastern time. The featured speakers from Denny’s will include: (1) President Mark Wolfinger, (2) Senior Vice President and Chief Financial Officer Robert Verostek, (3) Vice President Investor Relations and Financial Planning & Analysis Curt Nichols, and (4) Director Investor Relations and Financial Planning & Analysis Kayla Money.