Denny’s ( (DENN) ) just unveiled an update.
Denny’s Corporation reported its financial results for the fourth quarter and full year of 2024, showing strong performances from both Denny’s and Keke’s brands. Despite a slight decrease in total operating revenue for the year, the company highlighted progress in its strategy by closing lower-volume restaurants, completing remodels, and expanding Keke’s into new states. Operating income for the fourth quarter increased significantly, and the company achieved a record number of Keke’s cafe openings. Looking forward, Denny’s aims to maintain its position as a value leader while managing macroeconomic challenges and enhancing shareholder value through strategic investments and cost reductions.
More about Denny’s
Denny’s Corporation is one of America’s largest full-service restaurant chains. It operates the Denny’s and Keke’s brands, with 1,568 restaurants as of December 25, 2024. The majority of these are franchised, with Denny’s having a global presence and Keke’s expanding across new states.
YTD Price Performance: 7.18%
Average Trading Volume: 811,542
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $357.3M
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