Denny’s reports preliminary Q4 domestic same-restaurant sales for Denny’s 1.1%

Fourth Quarter Preliminary Results: Denny’s (DENN) domestic system-wide same-restaurant sales* were 1.1%. Keke’s domestic system-wide same-restaurant sales* were 3.0%. Denny’s opened four franchised restaurants. Closed 30 Denny’s restaurants as part of the planned acceleration of lower volume restaurant closures. Reignited Denny’s Diner 2.0 remodel program and completed six remodels. Keke’s opened eight new cafes during the fourth quarter and entered four new states including California, Colorado, Nevada, and Texas. Keke’s expanded its first ever remodel test program to two additional cafes. Kelli Valade, Chief Executive Officer, stated, “We continued our positive momentum through the fourth quarter by delivering solid domestic system-wide same-restaurant sales* and outpacing both Denny’s and Keke’s respective BBI indices. Keke’s development also accelerated, as we opened eight new cafes and entered four new states. These results reflect our teams’ and franchise partners’ steadfast commitment to executing our strategy. We close 2024 proud of these and other accomplishments, and recognize there is still more to do. As we look ahead, we remain focused and diligent in driving incremental traffic, improving operational efficiency and creating value for shareholders.”