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Denny’s ( (DENN) ) has provided an announcement.
Denny’s Corporation reported preliminary financial results for the fourth quarter and the fiscal year 2024, showing positive developments in domestic system-wide same-restaurant sales for both Denny’s and Keke’s brands. Despite closing underperforming locations, the company continued with its Denny’s Diner 2.0 remodels and increased the number of Keke’s cafes, including entering new states. The results reflect a commitment to strategic execution, contributing to operational efficiency and shareholder value, and indicate expected low-end achievement of EBITDA guidance.
More about Denny’s
Denny’s Corporation operates in the restaurant industry, primarily offering casual dining services through its brands Denny’s and Keke’s. The company focuses on franchise-based and company-operated restaurants within the United States, aiming to expand its market presence through new openings and remodeling existing locations.
YTD Price Performance: -10.53%
Average Trading Volume: 740,151
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $288M
See more data about DENN stock on TipRanks’ Stock Analysis page.
