Denny's Corporation operates a well-known chain of diner-style restaurants across the United States and internationally, offering a diverse menu that includes classic American breakfast items, comfort foods, and diner favorites available around the clock. The company is dedicated to providing a family-friendly dining experience, characterized by its casual atmosphere and welcoming service. Denny's locations are typically open 24 hours a day, catering to a wide range of customers looking for both quick meals and leisurely dining options, making it a popular choice for individuals, families, and late-night diners alike. Read More
Restaurants increase convenience and give many people a place to unwind. Still, their demand can ebb and flow with the broader economy because consumers can always cook meals at home when times are tough, and the market seems to be baking in a downturn for the industry -
over the past six months, it has pulled back by 6.6%. This performance was worse than the S&P 500’s 2.3% fall.
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q4. Today, we are looking at sit-down dining stocks, starting with Bloomin' Brands (NASDAQ:BLMN).
Earnings results often indicate what direction a company will take in the months ahead. With Q4 behind us, let’s have a look at First Watch (NASDAQ:FWRG) and its peers.
Fast-food chains are gaining investors’ and consumers' interest with innovative menu items, while the cruise company’s results showed holiday spending is strong.
Earnings results often indicate what direction a company will take in the months ahead. With Q4 behind us, let’s have a look at Denny's (NASDAQ:DENN) and its peers.
Limited Time Menu Item Launches at NVIDIA GTC Conference, Honoring NVIDIA Founder and CEO Jensen Huang’s Favorite Menu Hack and Inspiring Story that Began at a Denny’s Booth
Value stocks typically trade at discounts to the broader market, offering patient investors the opportunity to buy businesses when they’re out of favor.
The key risk, however, is that these stocks are usually cheap for a reason – five cents for a piece of fruit may seem like a great deal until you find out it’s rotten.
McDonald's won't be adding an egg surcharge anytime soon in restaurants. The restaurant giant is celebrating its breakfast anniversary with specials on egg-based menu items.
As the stock market excess concentrates in the S&P 500 and large-cap stocks, investors have reasons to believe that small caps could start to outperform.
Shares of diner restaurant chain Denny’s (NASDAQ:DENN)
fell 22% in the morning session after the company reported weak fourth-quarter results as its revenue fell short of Wall Street's estimates. Its full-year EBITDA guidance also missed significantly. The company's decision to accelerate restaurant closures reduced its overall footprint, putting more pressure on existing locations to drive sales growth. Given these moves, its full-year same-restaurant sales guidance suggests little to no growth. Overall, this quarter could have been better.
Diner restaurant chain Denny’s (NASDAQ:DENN) fell short of the market’s revenue expectations in Q4 CY2024, with sales flat year on year at $114.7 million. Its non-GAAP profit of $0.14 per share was 8.6% below analysts’ consensus estimates.
Denny's reported a slight 0.6% decline in Q4 sales, missing expectations. However, the company saw domestic same-restaurant sales grow by 1.1%, and Keke's had a strong 3% increase.
Wedbush analyst Nick Setyan upgraded Denny's rating to Outperform with a higher price target, citing upside potential from $2, $4, $6, $8 menu and Keke's acquisition.
Let’s dig into the relative performance of Cracker Barrel (NASDAQ:CBRL) and its peers as we unravel the now-completed Q2 sit-down dining earnings season.
