Denny's Corporation, through its subsidiary, Denny's, Inc., owns and operates full-service restaurant chains under the Denny's brand. As of June 24, 2021, it had 1,649 franchised, licensed, and company restaurants worldwide. The company was formerly known as Advantica Restaurant Group, Inc. and changed its name to Denny's Corporation in 2002. Denny's Corporation was founded in 1953 and is headquartered in Spartanburg, South Carolina.
IPO Year:
Exchange: NASDAQ
Website: dennys.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
10/25/2024 | $7.00 → $7.50 | Neutral → Buy | Citigroup |
7/18/2023 | $12.00 | Neutral | Piper Sandler |
12/21/2022 | $12.50 → $10.00 | Outperform → Neutral | Wedbush |
8/29/2022 | $14.00 | Buy | CL King |
8/23/2022 | $10.00 → $12.50 | Neutral → Outperform | Wedbush |
6/24/2022 | $19.00 → $10.00 | Outperform → Neutral | Wedbush |
4/12/2022 | $15.00 | Neutral | Citigroup |
12/2/2021 | $19.00 | Buy | The Benchmark Company |
12/2/2021 | $19.00 | Buy | Benchmark |
11/3/2021 | $19.00 → $18.00 | Overweight | Wells Fargo |
SPARTANBURG, S.C., Nov. 04, 2024 (GLOBE NEWSWIRE) -- This Veterans Day, Denny's invites active and retired military personnel to America's Diner to enjoy a complimentary Original Grand Slam® breakfast at participating locations nationwide*.The iconic favorite, featuring two delicious and fluffy buttermilk pancakes, two crispy strips of our new and improved thicker, crispier applewood smoked bacon, two all-pork sausage links, and two eggs cooked to order, will be served dine-in only, from 5 a.m. (store open) to noon on Monday, November 11, 2024. Veterans and active-duty military can present with a valid military ID or DD 214 to receive this offer. "Veterans Day is more than just a tradit
Spartanburg, SC, Oct. 29, 2024 (GLOBE NEWSWIRE) -- As temperatures drop and the leaves fall, Denny's, America's Diner, will unveil new menu items starting tomorrow, October 30. Guests in search of craveable, one-of-a-kind breakfast entrees can enjoy the new Braised Beef Skillet, the new Cali Taco Skillet or a guest favorite, the Santa Fe Skillet – all brought to you tableside on a sizzling cast-iron skillet. Guests can also satisfy their sweet tooth with new Maple Stuffed Donut Holes, made perfect for sharing. And more sweet news: Denny's signature Slams® have a new star joining the menu! The delicious Berry Waffle Slam® features two Liège-style waffles perfectly paired with two eggs m
SPARTANBURG, S.C., Oct. 22, 2024 (GLOBE NEWSWIRE) -- Denny's Corporation (the "Company") (NASDAQ:DENN), owner and operator of Denny's Inc. ("Denny's") and Keke's Inc. ("Keke's") today reported results for its third quarter ended September 25, 2024 and provided a business update on the Company's operations. Kelli Valade, Chief Executive Officer, stated, "Our third quarter sales results directly reflect ongoing brand investments and dedicated focus on value that resulted in outpacing the category. Denny's domestic system-wide same-restaurant sales** outperformed the BBI Family Dining index for the third consecutive quarter driven by the relaunch of our fan favorite $2-$4-$
SPARTANBURG, S.C., Oct. 08, 2024 (GLOBE NEWSWIRE) -- Denny's Corporation (the "Company") (NASDAQ:DENN), owner and operator of Denny's Inc. ("Denny's") and Keke's Inc. ("Keke's"), will announce financial and operating results for its third quarter ended September 25, 2024, on Tuesday, October 22, 2024, before the markets open. Senior management will host a webcast on the same day at 9:00 a.m. Eastern Time. Interested parties are invited to listen to the live webcast accessible through the Investor Relations section of the Company's website at investor.dennys.com. For any questions, please contact the Company's Investor Relations Department at 877-784-7167. About Denny's Corporation Denn
SPARTANBURG, S.C.,, Sept. 23, 2024 (GLOBE NEWSWIRE) -- Denny's Inc. (NASDAQ:DENN) today announced two key leadership appointments aimed at advancing the company's technological innovation and operational growth. Minh Le has been named senior vice president and chief technology officer, effective September 23, and Christopher Bode will return as president and chief operating officer, effective September 30. These appointments reflect Denny's ongoing commitment to enhancing its technological infrastructure and operational excellence across the brand. Minh Le, a respected leader in restaurant technology, will serve as senior vice president and chief technology officer for Denny's Corporati
Spartanburg, SC, Aug. 27, 2024 (GLOBE NEWSWIRE) -- Denny's, America's diner, is proud to announce its return as Title Sponsor of the 2024 Denny's Orange Blossom Classic for the fourth year. The annual event, which has been held for 91 years, unites the community in support of Historically Black Colleges and Universities (HBCUs) and culminates with a thrilling football game on Sunday, September 1 at Hard Rock Stadium. This year's contest will feature the North Carolina Central University Eagles against the Alabama State University Hornets. Denny's ongoing partnership with the Orange Blossom Classic (OBC) organization highlights the company's Hungry for Education scholarship program, desi
Spartanburg, SC, Aug. 21, 2024 (GLOBE NEWSWIRE) -- Denny's, America's Diner, announces a scary-good partnership with Beetlejuice Beetlejuice, the long-awaited sequel to the award-winning and iconic Beetlejuice, only in theaters September 6! The collaboration coincides with the return of the beloved Denny's $2 $4 $6 $8 Value Menu*, back and reimagined with something craveable for everyone to enjoy at an unbeatable price, plus the launch of a film-inspired Afterlife Menu. Starting today, August 21, both menus are available at Denny's restaurants nationwide for dine-in and at Denny's.com for takeout and delivery. The revamped $2 $4 $6 $8 Value Menu offers an array of dishes, including a n
Spartanburg, SC, Aug. 14, 2024 (GLOBE NEWSWIRE) -- Denny's, America's Diner, continues to expand offerings to please hungry burrito lovers with the national extension of its popular virtual brand, Banda Burrito. Part of the Denny's family of off-premise brands, Cali-Mex-inspired Banda Burrito serves up convenient and delicious burritos around the clock, available for delivery or carryout at bandaburrito.com and most third-party food delivery apps. Founded in the LA region of California, Banda Burrito was conceived as a new platform for Denny's to diversify its menu offerings and increase its reach to dinner-and-late-night feasters and party prowlers. The brand quickly captured the hearts
SPARTANBURG, S.C., July 30, 2024 (GLOBE NEWSWIRE) -- Denny's Corporation (the "Company") (NASDAQ:DENN), owner and operator of Denny's Inc. ("Denny's") and Keke's Inc. ("Keke's") today reported results for its second quarter ended June 26, 2024 and provided a business update on the Company's operations. Kelli Valade, Chief Executive Officer, stated, "I am very pleased that for the second quarter in a row Denny's outperformed BBI Family Dining same-restaurant sales, and Keke's continued to close the gap in Florida all while navigating a very competitive environment. We are also encouraged to see these trends continuing into July, which is being bolstered by our incremental advertising
Spartanburg, SC, July 23, 2024 (GLOBE NEWSWIRE) -- Denny's Inc. (NASDAQ:DENN) announced today the appointment of two new executive leaders: Monigo G. Saygbay-Hallie, Ph.D. joins as executive vice president, chief people officer for Denny's Corporation, effective August 5, and Patty Trevino joins as Denny's senior vice president, chief brand officer, effective August 12. Celebrated human resources, talent manager and culture leader Monigo G. Saygbay-Hallie will serve as executive vice president, chief people officer for Denny's Corporation at the enterprise level, leading people initiatives across Denny's and Keke's Breakfast Café. Saygbay-Hallie brings more than 20 years of restaurant
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Several insider transactions have taken place at Denny's Corporation recently, with notable activity on June 18, 2024. Sr. VP, CAO & Corp. Controller Gilmore Jay C purchased $78,118 worth of shares, acquiring 12,000 units at $6.51. This transaction increased Gilmore's direct ownership by 11% to 121,227 units based on SEC Form 4. The purchase by Gilmore stands out as a significant move, demonstrating confidence in the company's future prospects. Insider purchases are generally considered bullish signals, indicating insiders believe the stock is undervalued or that positive developments are on the horizon. Looking at earlier transactions, we see a conversion of options by Miller John C on Ma
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Wedbush analyst Nick Setyan reiterates Denny's (NASDAQ:DENN) with a Neutral and maintains $8.5 price target.
Truist Securities analyst Jake Bartlett maintains Denny's (NASDAQ:DENN) with a Buy and lowers the price target from $11 to $10.
Several insider transactions have taken place at Denny's Corporation recently, with notable activity on June 18, 2024. Sr. VP, CAO & Corp. Controller Gilmore Jay C purchased $78,118 worth of shares, acquiring 12,000 units at $6.51. This transaction increased Gilmore's direct ownership by 11% to 121,227 units based on SEC Form 4. The purchase by Gilmore stands out as a significant move, demonstrating confidence in the company's future prospects. Insider purchases are generally considered bullish signals, indicating insiders believe the stock is undervalued or that positive developments are on the horizon. Looking at earlier transactions, we see a conversion of options by Miller John C on Ma
Benchmark analyst Todd Brooks reiterates Denny's (NASDAQ:DENN) with a Buy and maintains $15 price target.
Denny’s Corporation (NASDAQ:DENN) reported weaker-than-expected first-quarter financial results on Tuesday. Denny’s posted adjusted earnings of 11 cents per share, missing market estimates of 14 cents per share. The company's quarterly sales came in at $110.00 million, missing expectations of $115.16 million, according to data from Benzinga Pro. Kelli Valade, Chief Executive Officer, stated, “I am very pleased that our first quarter domestic same-restaurant sales and traffic outperformed both the family and casual dining segments, while overcoming the industry’s tough operating environment. We were also excited for Keke’s to expand outside of Florida and begin testing our new design in
Oppenheimer analyst Michael Tames maintains Denny's (NASDAQ:DENN) with a Outperform and lowers the price target from $12 to $11.
Wedbush analyst Nick Setyan maintains Denny's (NASDAQ:DENN) with a Neutral and lowers the price target from $9.5 to $8.5.
Denny's (NASDAQ:DENN) reported quarterly earnings of $0.11 per share which missed the analyst consensus estimate of $0.14 by 21.43 percent. The company reported quarterly sales of $110.00 million which missed the analyst consensus estimate of $115.16 million by 4.48 percent. This is a 6.36 percent decrease over sales of $117.47 million the same period last year.
Wedbush analyst Nick Setyan maintains Denny's (NASDAQ:DENN) with a Neutral and lowers the price target from $10.5 to $9.5.
Social media company Reddit Inc (NYSE:RDDT), currently trading as much as 70% above its initial public offering (IPO), has something in common with one of the hottest stocks of the last two years. Like NVIDIA Corporation (NASDAQ:NVDA), Reddit was founded thanks to a restaurant. Reddit Epiphany: Reddit co-founder Alexis Ohanian put a career path in law on hold after having an epiphany at a Waffle House location. Ohanian founded Reddit with his University of Virginia roommates Steve Huffman and Aaron Swartz with the idea of building community and having opinions shared online. If it wasn't for that trip to a local Waffle House near the campus, Reddit may never have been born.
SPARTANBURG, S.C., Oct. 22, 2024 (GLOBE NEWSWIRE) -- Denny's Corporation (the "Company") (NASDAQ:DENN), owner and operator of Denny's Inc. ("Denny's") and Keke's Inc. ("Keke's") today reported results for its third quarter ended September 25, 2024 and provided a business update on the Company's operations. Kelli Valade, Chief Executive Officer, stated, "Our third quarter sales results directly reflect ongoing brand investments and dedicated focus on value that resulted in outpacing the category. Denny's domestic system-wide same-restaurant sales** outperformed the BBI Family Dining index for the third consecutive quarter driven by the relaunch of our fan favorite $2-$4-$
SPARTANBURG, S.C., July 30, 2024 (GLOBE NEWSWIRE) -- Denny's Corporation (the "Company") (NASDAQ:DENN), owner and operator of Denny's Inc. ("Denny's") and Keke's Inc. ("Keke's") today reported results for its second quarter ended June 26, 2024 and provided a business update on the Company's operations. Kelli Valade, Chief Executive Officer, stated, "I am very pleased that for the second quarter in a row Denny's outperformed BBI Family Dining same-restaurant sales, and Keke's continued to close the gap in Florida all while navigating a very competitive environment. We are also encouraged to see these trends continuing into July, which is being bolstered by our incremental advertising
SPARTANBURG, S.C., July 09, 2024 (GLOBE NEWSWIRE) -- Denny's Corporation (the "Company") (NASDAQ:DENN), owner and operator of Denny's Inc. ("Denny's") and Keke's Inc. ("Keke's"), will announce financial and operating results for its second quarter ended June 26, 2024, on Tuesday, July 30, 2024, after the markets close. Senior management will hold a conference call on the same day at 4:30 p.m. Eastern Time to discuss these results and answer questions. Interested parties are invited to listen to a live broadcast of the conference call accessible through the Investor Relations section of the Company's website at investor.dennys.com. For any questions, please contact the Company's Investor
SPARTANBURG, S.C., April 30, 2024 (GLOBE NEWSWIRE) -- Denny's Corporation (the "Company") (NASDAQ:DENN), owner and operator of Denny's Inc. ("Denny's") and Keke's Inc. ("Keke's") today reported results for its first quarter ended March 27, 2024 and provided a business update on the Company's operations. Kelli Valade, Chief Executive Officer, stated, "I am very pleased that our first quarter domestic same-restaurant sales and traffic outperformed both the family and casual dining segments, while overcoming the industry's tough operating environment. We were also excited for Keke's to expand outside of Florida and begin testing our new design in the latest Florida openings. I am encouraged
SPARTANBURG, S.C., April 09, 2024 (GLOBE NEWSWIRE) -- Denny's Corporation (the "Company") (NASDAQ:DENN), owner and operator of Denny's Inc. ("Denny's") and Keke's Inc. ("Keke's"), will announce financial and operating results for its first quarter ended March 27, 2024, on Tuesday, April 30, 2024, after the markets close. Senior management will hold a conference call on the same day at 4:30 p.m. Eastern Time to discuss these results and answer questions. Interested parties are invited to listen to a live broadcast of the conference call accessible through the Investor Relations section of the Company's website at investor.dennys.com. For any questions, please contact the Company's Inv
SPARTANBURG, S.C., Feb. 13, 2024 (GLOBE NEWSWIRE) -- Denny's Corporation (the "Company") (NASDAQ:DENN), owner and operator of Denny's Inc. ("Denny's") and Keke's Inc. ("Keke's") today reported results for its fourth quarter and full year ended December 27, 2023 and provided a business update on the Company's operations. Kelli Valade, Chief Executive Officer, stated, "We were pleased to close out 2023 with solid Denny's domestic system-wide same-restaurant sales** of 1.3% in the fourth quarter, reflecting sequential improvement throughout the quarter, while also achieving results above the high-end of our previously guided range for the full year. We enter 2024 with growing momentum by foc
SPARTANBURG, S.C., Jan. 23, 2024 (GLOBE NEWSWIRE) -- Denny's Corporation (the "Company") (NASDAQ:DENN), owner and operator of Denny's Inc. ("Denny's") and Keke's Inc. ("Keke's"), will announce financial and operating results for its fourth quarter and full year ended December 27, 2023, on Tuesday, February 13, 2024, after the markets close. Senior management will hold a conference call on the same day at 4:30 p.m. Eastern Time to discuss these results and answer questions. Interested parties are invited to listen to a live broadcast of the conference call accessible through the Investor Relations section of the Company's website at investor.dennys.com. For any questions, please contact t
SPARTANBURG, S.C., Oct. 30, 2023 (GLOBE NEWSWIRE) -- Denny's Corporation (the "Company") (NASDAQ:DENN), owner and operator of Denny's Inc. ("Denny's") and Keke's Inc. ("Keke's") today reported results for its third quarter ended September 27, 2023 and provided a business update on the Company's operations. Kelli Valade, Chief Executive Officer, stated, "We were pleased to have generated a 1.8% increase in Denny's domestic system-wide same-restaurant sales** and 15.5% growth in Adjusted EBITDA* during the third quarter. Despite a persistently challenging operating environment, we remain laser-focused on providing best-in-class breakfast, an unbeatable value proposition, and con
SPARTANBURG, S.C., Oct. 09, 2023 (GLOBE NEWSWIRE) -- Denny's Corporation (the "Company") (NASDAQ:DENN), owner and operator of Denny's Inc. ("Denny's") and Keke's Inc. ("Keke's"), will announce financial and operating results for its third quarter ended September 27, 2023, on Monday, October 30, 2023, after the markets close. Senior management will hold a conference call on the same day at 4:30 p.m. Eastern Time to discuss these results and answer questions. Interested parties are invited to listen to a live broadcast of the conference call accessible through the Investor Relations section of the Company's website at investor.dennys.com. For any questions, please contact the Company's Inv
SPARTANBURG, S.C., Aug. 01, 2023 (GLOBE NEWSWIRE) -- Denny's Corporation (the "Company") (NASDAQ:DENN), owner and operator of Denny's Inc. ("Denny's") and Keke's Inc. ("Keke's") today reported results for its second quarter ended June 28, 2023 and provided a business update on the Company's operations. Kelli Valade, Chief Executive Officer, stated, "We were pleased to report 3.0% Denny's domestic system-wide same-restaurant sales**, expansion of restaurant-level margins, and even higher growth in adjusted EBITDA for the quarter. We also nearly doubled adjusted free cash flow compared to the year-ago period, supporting our ability to repurchase shares under our authorization. As we continu
Citigroup upgraded Denny's from Neutral to Buy and set a new price target of $7.50 from $7.00 previously
Piper Sandler initiated coverage of Denny's with a rating of Neutral and set a new price target of $12.00
Wedbush downgraded Denny's from Outperform to Neutral and set a new price target of $10.00 from $12.50 previously
CL King initiated coverage of Denny's with a rating of Buy and set a new price target of $14.00
Wedbush upgraded Denny's from Neutral to Outperform and set a new price target of $12.50 from $10.00 previously
Wedbush downgraded Denny's from Outperform to Neutral and set a new price target of $10.00 from $19.00 previously
Citigroup initiated coverage of Denny's with a rating of Neutral and set a new price target of $15.00
The Benchmark Company initiated coverage of Denny's with a rating of Buy and set a new price target of $19.00
Benchmark initiated coverage of Denny's with a rating of Buy and set a new price target of $19.00
Wells Fargo reiterated coverage of Denny's with a rating of Overweight and set a new price target of $18.00 from $19.00 previously
SPARTANBURG, S.C.,, Sept. 23, 2024 (GLOBE NEWSWIRE) -- Denny's Inc. (NASDAQ:DENN) today announced two key leadership appointments aimed at advancing the company's technological innovation and operational growth. Minh Le has been named senior vice president and chief technology officer, effective September 23, and Christopher Bode will return as president and chief operating officer, effective September 30. These appointments reflect Denny's ongoing commitment to enhancing its technological infrastructure and operational excellence across the brand. Minh Le, a respected leader in restaurant technology, will serve as senior vice president and chief technology officer for Denny's Corporati
Spartanburg, SC, July 23, 2024 (GLOBE NEWSWIRE) -- Denny's Inc. (NASDAQ:DENN) announced today the appointment of two new executive leaders: Monigo G. Saygbay-Hallie, Ph.D. joins as executive vice president, chief people officer for Denny's Corporation, effective August 5, and Patty Trevino joins as Denny's senior vice president, chief brand officer, effective August 12. Celebrated human resources, talent manager and culture leader Monigo G. Saygbay-Hallie will serve as executive vice president, chief people officer for Denny's Corporation at the enterprise level, leading people initiatives across Denny's and Keke's Breakfast Café. Saygbay-Hallie brings more than 20 years of restaurant
Spartanburg, SC, June 04, 2024 (GLOBE NEWSWIRE) -- Denny's Corporation (NASDAQ:DENN), owner and operator of Denny's Inc. and Keke's Inc., today announced that Mark Vondrasek has been appointed to its Board of Directors. Mr. Vondrasek is the chief commercial officer for Hyatt and brings more than 20 years of hospitality experience, combined with 10 years at Fidelity Investments and Kemper Financial Services, to the board role. "Mark's wealth of knowledge in the hospitality and financial services sectors makes him an invaluable addition to the Denny's Board of Directors," said Brenda J. Lauderback, chair of Denny's board of directors. "We welcome his strategic insights and leadership as
Spartanburg, SC, Nov. 28, 2023 (GLOBE NEWSWIRE) -- Denny's Corporation (NASDAQ:DENN) today announced the appointment of two new agency partners. FINN Partners, the full-service marketing and communications company, was named as public relations and brand communications agency of record, effective August 1, 2023. Mindshare, the media services company that is part of GroupM and WPP, was named as U.S. media agency of record, effective October 1, 2023. This year marks the 70th anniversary of Denny's, one of the largest franchised full-service restaurant brands in the world. The brand will partner closely with FINN Partners and Mindshare, elevating the brand and all it has to offer through c
Miller Brings 45 Years of Restaurant Operations and Management Experience Papa John's International, Inc. (NASDAQ:PZZA) ("Papa Johns®") today announced that John Miller, Former President and Chief Executive Officer and Director of Denny's Corporation (NASDAQ:DENN) has been appointed to the Company's Board of Directors as a new independent director. "We are pleased to welcome John to the Papa Johns Board," said Christopher L. Coleman, Chair of the Papa Johns Board of Directors. "He is an accomplished restaurant industry veteran with a track record of over 45 years in restaurant operations and executive management experience at leading industry brands. John's fresh perspective on the boar
SPARTANBURG, S.C., May 8, 2023 /PRNewswire/ -- Denny's Corporation (NASDAQ: DENN) today announced the appointment of Alex Williams as Senior Vice President, Chief Operating Officer (COO), reporting to Denny's President John Dillon. Williams brings with him decades of experience in the restaurant industry, having served in key operations roles with Starbucks, McDonald's, Outback Steakhouse, Fleming's Steakhouse and Moe's Southwest Grill. "Alex possesses an impressive blend of operations expertise and restaurant industry credentials. As importantly, he is a collaborative, purpos
Additional Updates to Leadership Team Announced SPARTANBURG, S.C., Jan. 9, 2023 /PRNewswire/ -- Denny's Corporation (NASDAQ: DENN) today announced the appointment of Sherri Landry as Senior Vice President, Chief Marketing Officer (CMO). Landry will lead the marketing team and report to President of Denny's Inc., John Dillon. Landry brings more than 25 years of deep expertise in the restaurant industry and a proven track record of delivering innovation and sales growth across restaurant brands. She joins Denny's from CEC Entertainment where she served as Chief Marketing Officer
SPARTANBURG, S.C., Aug. 24, 2022 /PRNewswire/ -- Denny's Corporation (NASDAQ:DENN) today announced the appointment of John Dillon as President of Denny's Inc. and David Schmidt as President of Keke's Breakfast Café. Dillon and Schmidt will report to Chief Executive Officer Kelli Valade. "It was a priority for the Denny's Corporation Board of Directors and I to identify exceptional leaders to take advantage of the many opportunities in front of us for both Denny's and Keke's," said Valade. "John and David have distinguished track records within the restaurant industry and have
SPARTANBURG, S.C., May 03, 2022 (GLOBE NEWSWIRE) -- Denny's Corporation (NASDAQ:DENN) today announced the appointment of Kelli Valade as Chief Executive Officer and President, effective June 13, 2022. Ms. Valade will succeed John Miller, who previously announced his retirement, effective August 3, 2022. The Company also announced the retirement of Denny's President Mark Wolfinger, who served Denny's for 17 years, effective June 1, 2022. Mr. Miller and Mr. Wolfinger will retain their existing positions on the Board of Directors, which will help ensure a seamless transition. "The Denny's Board of Directors conducted an extensive search to identify a forward-thinking, strategic CEO and Presi
SPARTANBURG, S.C., May 19, 2021 (GLOBE NEWSWIRE) -- Denny's Corporation (NASDAQ:DENN), franchisor and operator of one of America's largest franchised full-service restaurant chains, today announced that Olu Beck has been appointed to its Board of Directors. Ms. Beck is the Founder and Chief Executive Officer of boutique management consulting firm, The Beck Group NJ LLC and brings more than 25 years of portfolio business management and direct experience driving transformational and strategic growth to her new role. "Olu brings a valuable perspective to Denny's Board," said Brenda J. Lauderback, Chair of Denny's Board of Directors. "Her leadership and expertise in consumer-facing businesses