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Denny’s Company profile

About Denny's Corp

Denny's Corporation (Denny's) operates a franchised full-service restaurant chain. The Company, through its subsidiary, Denny's, Inc., owns and operates the Denny's brand. Denny's brand consists of approximately 1,645 restaurants, which includes franchised/licensed restaurants and company operated. In addition to its breakfast-all-day items, Denny’s offers a wide selection of lunch and dinner items including burgers, sandwiches, salads, and skillet entrees. It also offers assortment of beverages, appetizers, and desserts. It also offers items for children and seniors. The Company's purchasing department administers programs enables procurement of food and non-food products. Its franchisees also purchase food and non-food products directly from its vendors under these programs. Denny's restaurants are operated in the District of Columbia, United States territories, California, Texas, and Florida.

Financial summary

BRIEF: For the fiscal year ended 29 December 2021, Denny's Corp revenues increased 38% to $398.2M. Net income totaled $78.1M vs. loss of $5.1M. Revenues reflect Company restaurant sales segment increase of 48% to $175M, Comparable Store Sales Growth -%,C.O increase from -36.7 to 55.3%. Net Income reflects Operating Margin -%-Franchised increase from 44.6 to 114%, Gains on sales of assets and other, net increase from $4.7M to $47.8M (income).

Equity composition

Common Stock $.01 Par, 12/10, 135M auth., 100,073,000 issd., Insiders control approx. 0.60%. PO N/A.6/93, 1-for-5 reverse stock split. FY'97-'00 fincls. & '97-'00 Q's are restated for discont. ops. *1/01, Company delisted from NASDAQ to OTC Bulletin Board. 7/02, Name change from Advantica Restaurant Gr. Inc.