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Stock impact report

Denny’s Corporation Reports Results for First Quarter 2019

Denny's Corporation (DENN) 
Last denny's corporation earnings: 2/11 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.dennys.com
Company Research Source: GlobeNewswire
SPARTANBURG, S.C., April 30, 2019 (GLOBE NEWSWIRE) -- Denny’s Corporation (NASDAQ: DENN), franchisor and operator of one of America's largest franchised full-service restaurant chains, today reported results for its first quarter ended March 27, 2019. First Quarter 2019 Highlights Sold three company restaurants to franchisees. Total operating revenue was $151.4 million.Domestic system-wide same-store sales** grew 1.3%, including increases of 1.5% at company restaurants and 1.2% at domestic franchised restaurants.Completed 45 remodels, including 44 at franchised restaurants.Operating Income was $24.1 million.Company Restaurant Operating Margin* was $14.4 million, or 14.6% of company restaurant sales, and Franchise Operating Margin* was $25.8 million, or 48.8% of franchise and license revenue.Net Income was $15.5 million, or $0.24 per diluted share.Adjusted Net Income* was $8.5 million, or $0.13 per diluted share.Adjusted EBITDA* was $20.6 million.Adjusted Free Cash Flow* increased Show less Read more
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