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Denny's corporate

Denny's corporate

Denny's corporate

A data visualization of Denny's corporate that offers an overview of the company's organizational chart, locations, brands, franchises, and more. Enjoy!

Resturant

SPARTANBURG, S.C., Nov. 02, 2021 (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 third quarter ended September 29, 2021 and provided a business update on the Company’s operations.

John Miller, Chief Executive Officer, stated, "Our third quarter domestic system-wide same-store sales** were impacted due to increasing COVID-19 case counts during the period, however we are encouraged to see sales returning in October as cases have improved. Additionally, we gained great momentum through the launch of our revamped Dennys.com website and Denny's mobile app, our multicultural recruitment tour and the successful refinancing of our credit facility. Looking ahead, we are excited about initiating the next phase of our technology transformation with the rollout out of a new restaurant technology platform, in addition to beginning our new kitchen modernization initiative that will propel our menu innovation." (Source: www.globenewswire.com)

decreased 0.1% compared to the equivalent fiscal period in 2019, including a 0.3% decrease at domestic franchised restaurants and a 1.9% increase at company restaurants. (Source: www.globenewswire.com)

Opened seven franchised restaurants, including four international locations. (Source: www.globenewswire.com)

was $29.9 million, or 52.1% of franchise and license revenue, and Company Restaurant Operating Margin (Source: www.globenewswire.com)

www.globenewswire.com)was $7.9 million, or 17.0% of company restaurant sales. (Source:

As COVID-19 cases subsided in fiscal October, domestic system-wide same-store sales** returned to pre-pandemic levels. However, labor availability continues to impact the Company's effective operating hours with approximately 45% of domestic restaurants currently open 24/7. Off-premise sales have remained strong at approximately 23% of total sales, compared to the pre-pandemic trend of 12%, supported by our two new virtual brands, The Burger Den and The Meltdown. (Source: www.globenewswire.com)

Denny’s total operating revenue increased 44.9% to $103.8 million compared to $71.6 million in the prior year quarter. Franchise and license revenue was $57.3 million compared to $43.8 million in the prior year quarter. Company restaurant sales were $46.5 million compared to $27.8 million in the prior year quarter. These changes were primarily due to dine-in restrictions related to the COVID-19 pandemic in the prior year quarter. (Source: www.globenewswire.com)

Franchise Operating Margin* was $29.9 million, or 52.1% of franchise and license revenue, compared to $19.7 million, or 45.0%, in the prior year quarter. This margin increase was primarily due to the improvement in sales performance at franchised restaurants, partially offset by fewer equivalent units. (Source: www.globenewswire.com)

Company Restaurant Operating Margin* was $7.9 million, or 17.0% of company restaurant sales, compared to $0.5 million, or 1.7%, in the prior year quarter. This margin increase was primarily due to improvements in sales performance and the leveraging benefit of lower staffing at company restaurants. (Source: www.globenewswire.com)

Recently, the Company announced the next phase of its technology transformation, which included a revamped Dennys.com website and Denny's mobile app, bringing a more personalized and seamless digital experience with smart upsell and cross-sell capabilities. In addition, the Company intends to initiate the rollout of a new cloud-based restaurant technology platform throughout the domestic system which will allow for enhancements such as waitlist and table management, as well as lay the foundation for future technology initiatives to further enhance the guest experience. The rollout is expected to begin during the first half of 2022 and be substantially completed by the end of 2023. (Source: www.globenewswire.com)

The total estimated domestic franchise investment for both the cloud-based restaurant technology platform and the kitchen equipment package is approximately $65 million. To assist franchisees, the Company has committed to investing approximately $10 million towards the cost and installation and has also negotiated favorable financing terms on behalf of its franchisees for the remaining cost. (Source: www.globenewswire.com)

Same-store sales include sales at company restaurants and non-consolidated franchised and licensed restaurants that were open during the comparable periods noted. Total operating revenue is limited to company restaurant sales and royalties, advertising revenue, fees and occupancy revenue from non-consolidated franchised and licensed restaurants. Accordingly, domestic franchise same-store sales and domestic system-wide same-store sales should be considered as a supplement to, not a substitute for, the Company's results as reported under GAAP. (Source: www.globenewswire.com)

www.globenewswire.com)Denny's Corporation is the franchisor and operator of one of America's largest franchised full-service restaurant chains, based on the number of restaurants. As of September 29, 2021, Denny’s had 1,647 franchised, licensed, and company restaurants around the world including 153 restaurants in Canada, Puerto Rico, Mexico, the Philippines, New Zealand, Honduras, the United Arab Emirates, Costa Rica, Guam, Guatemala, El Salvador, Indonesia, and the United Kingdom. For further information on Denny's, including news releases, links to SEC filings, and other financial information, please visit the Denny's investor relations website at investor.dennys.com. (Source:

SPARTANBURG, S.C., May 04, 2021 (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 31, 2021 and provided a business update on the impact of the COVID-19 pandemic on the Company’s operations. (Source: www.globenewswire.com)

Opened three franchised restaurants, including two international locations. (Source: www.globenewswire.com)

was $23.2 million, or 49.5% of franchise and license revenue, and Company Restaurant Operating Margin (Source: www.globenewswire.com)

www.globenewswire.com)was $3.4 million, or 10.1% of company restaurant sales. (Source:

Domestic system-wide same-store sales** sequentially improved on a monthly basis during the first quarter ended March 31, 2021, compared to the equivalent fiscal periods in 2019. This is due to expanding vaccine deployment which has led to the easing of stay-at-home orders and capacity restrictions. As the number of Denny's restaurants operating with open dining rooms steadily improved to 98% of the domestic system, off-premise sales have remained strong. (Source: www.globenewswire.com)

Denny’s total operating revenue was $80.6 million compared to $96.7 million in the prior year quarter. Franchise and license revenue was $47.0 million compared to $54.4 million in the prior year quarter. Company restaurant sales were $33.6 million compared to $42.3 million in the prior year quarter. These changes were primarily due to the impact of the COVID-19 pandemic on sales and fewer equivalent units. (Source: www.globenewswire.com)

Company Restaurant Operating Margin* was $3.4 million, or 10.1% of company restaurant sales, compared to $6.2 million, or 14.6%, in the prior year quarter. This change in margin was primarily due to the impact of the COVID-19 pandemic on sales and fewer equivalent units. (Source: www.globenewswire.com)

Share

The Company believes that, in addition to GAAP measures, certain non-GAAP financial measures are appropriate indicators to assist in the evaluation of operating performance and liquidity on a period-to-period basis. The Company uses Adjusted EBITDA, Adjusted Free Cash Flow, Adjusted Net Income (Loss) and Adjusted Net Income (Loss) Per Share internally as performance measures for planning purposes, including the preparation of annual operating budgets, and for compensation purposes, including incentive compensation for certain employees. Adjusted EBITDA is also used in the calculation of financial covenant ratios in accordance with the Company’s credit facility. Adjusted Free Cash Flow is also used as a non-GAAP liquidity measure by Management to assess the Company’s ability to generate cash and plan for future operating and capital actions. Management believes that the presentation of Adjusted EBITDA, Adjusted Net Income (Loss), Adjusted Net Income (Loss) Per Share and Adjusted Free Cash Flow provide useful information to investors and analysts about the Company’s operating results, financial condition or cash flows. However, each of these non-GAAP financial measures should be considered as a supplement to, not a substitute for, operating income (loss), net income (loss), net cash provided by (used in) operating activities, or other financial performance and liquidity measures prepared in accordance with U.S. generally accepted accounting principles.

Net Income was $23.2 million, or $0.35 per diluted share. (Source: www.globenewswire.com)

was $0.5 million, or $0.01 per diluted share. (Source: www.globenewswire.com)

www.globenewswire.com)Total general and administrative expenses were $16.9 million, compared to $7.7 million in the prior year quarter. This change was primarily due to increases in share-based compensation expense, market valuation changes in the Company's deferred compensation plan liabilities, and performance-based incentive compensation compared to the prior year quarter. These increases were partially offset by a $0.9 million improvement in corporate administrative expenses related to previous reductions in personnel due to the COVID-19 pandemic and other cost savings initiatives. (Source:

Net income was $23.2 million, or $0.35 per diluted share, compared to net income of $9.0 million, or $0.16 per diluted share, in the prior year quarter. Adjusted Net Income* per diluted share was $0.01 compared to Adjusted Net Income* per diluted share of $0.17 in the prior year quarter. (Source: www.globenewswire.com)

The Company believes that, in addition to GAAP measures, certain non-GAAP financial measures are appropriate indicators to assist in the evaluation of operating performance and liquidity on a period-to-period basis. The Company uses Adjusted EBITDA, Adjusted Free Cash Flow, Adjusted Net Income and Adjusted Net Income Per Share internally as performance measures for planning purposes, including the preparation of annual operating budgets, and for compensation purposes, including incentive compensation for certain employees. Adjusted EBITDA is also used in the calculation of financial covenant ratios in accordance with the Company’s credit facility. Adjusted Free Cash Flow is also used as a non-GAAP liquidity measure by Management to assess the Company’s ability to generate cash and plan for future operating and capital actions. Management believes that the presentation of Adjusted EBITDA, Adjusted Net Income, Adjusted Net Income Per Share and Adjusted Free Cash Flow provide useful information to investors and analysts about the Company’s operating results, financial condition or cash flows. However, each of these non-GAAP financial measures should be considered as a supplement to, not a substitute for, operating income, net income, net cash provided by operating activities, or other financial performance and liquidity measures prepared in accordance with U.S. generally accepted accounting principles. (Source: www.globenewswire.com)

Denny's share of transactions by daypart and eating location 2018 (Source: www.statista.com)

Ours began in 1994, when Denny’s settled a lawsuit for discrimination in some of our restaurants. We don’t believe in hiding from this shameful part of our history. It is most productive to discuss it openly and honestly. By sharing the steps we’ve taken to rectify past mistakes and become what we hope is a model organization for DEI we can hopefully help others do the same. We’re not perfect, and we never will be, but every day we work to do better in this area and live up to our as aspiration to be “America’s Diner for today’s America.” We’ve learned a lot over two and a half decades of doing the work, and we want to share those lessons. (Source: hbr.org)

We also worked to reduce or eliminate affinity bias, the desire to work with someone who looks, thinks and acts like you do — which is often coded as a “culture fit.” One strategy on this front was to diversify our recruiting teams and hiring managers first. We also shared Francesca Gino’s research and insight on the need for “rebel talent” — those who refuse to conform. We helped those in decision-making roles to understand how diversity of experience, background, and thought help a business to innovate and grow. (Source: hbr.org)

Once approved, the customers will receive $46 million and their lawyers will share another $8.7 million. Any money left over will be donated to the United Negro College Fund and to other nonprofit organizations dedicated to furthering civil rights. (Source: www.nytimes.com)

In contrast, Denny’s provides little information to shareholders on how it is managing the risk of antibiotic use beyond regulatory compliance. Without meaningful action, Denny’s may suffer irreparable reputational damage and lose market share to its competitors. (Source: www.iccr.org)

Corporate

The Company defines Restaurant-level Operating Margin as operating income excluding the following three items: general and administrative expenses, depreciation and amortization, and operating (gains), losses and other charges, net. Restaurant-level Operating Margin is presented as a percent of total operating revenue. The Company excludes general and administrative expenses, which include primarily non-restaurant-level costs associated with support of company and franchised restaurants and other activities at their corporate office. The Company excludes depreciation and amortization expense, substantially all of which is related to company restaurant-level assets, because such expenses represent historical sunk costs which do not reflect current cash outlays for the restaurants. The Company excludes special items, included within operating (gains), losses and other charges, net, to provide investors with a clearer perspective of its ongoing operating performance and a more relevant comparison to prior period results.

These non-GAAP financial measures provide a meaningful comparison between periods and enable investors to focus on the performance of restaurant-level operations by excluding revenues and costs unrelated to food and beverage sales in addition to corporate general and administrative expense, depreciation and amortization, and operating (gains), losses and other charges, net. However, each of these non-GAAP financial measures should be considered as a supplement to, not a substitute for, operating income, net income or other financial performance measures prepared in accordance with U.S. generally accepted accounting principles. Restaurant-level Operating Margin, Company Restaurant Operating Margin and Franchise Operating Margin do not accrue directly to the benefit of shareholders because of the aforementioned excluded items, and are not indicative of the overall results for the Company. (Source: www.globenewswire.com)

This feature is limited to our corporate solutions. (Source: www.statista.com)

First of all, let's address the metaphoric elephant in the room: this is the corporate headquarters building. There is no Denny's at this location, which is disappointing to me. Here's why: I'm... (Source: www.mapquest.com)

www.indeed.com)Develops hourly employees through corporate training programs, individual. (Source:

After the killings of George Floyd, Breonna Taylor, and Ahmaud Arbery in early 2020 and the resulting protests against systemic racism and demands for police and political reform, many corporations pledged to support diversity, equity and inclusion (DEI). According to research from Bloomberg, 87 companies made statements on racial justice after Floyd’s murder. Of these, nearly two-thirds pledged to change their hiring practices and half committed to improving diversity among managers and executives. Now corporate America must deliver on those promises. (Source: hbr.org)

hbr.org)For every lesson you learn in DEI, there are two you still need to pick up. So, no matter how well you’re doing, you must also acknowledge the gaps. While we strive to be a leader on these issues in the corporate world, we have forged partnerships with organizations focused on racial justice as well as individual civil rights leaders. (Source:

When we first partnered with the late Coretta Scott King, we helped raise money for the Reignite the Dream Fund and contributed to the expansion of the National Civil Rights Museum. But she also helped shape the corporate values that Denny’s holds to this day, including our “Non-Negotiable Rules to Live By” which inform our training, customer service, and workplace culture. And she introduced us to partners such as the late NAACP Chairman Julian Bond and the Southern Christian Leadership Conference and National Urban League President Hugh Price, among others, to help us identify new franchisees, new suppliers, and best practices on enhancing our workplace culture. We recognize the need to be constant learners if we are to make continued progress. These conversations help shape strategy and turn words into action. (Source: hbr.org)

Last year was a wake-up call for the United States, the force of which was felt across the business community. According to the Axios Harris Poll 100, which looks at drivers of corporate reputation, 81% of Americans agree that large companies, with resources, expensive infrastructure, and advanced logistics, are even more vital now to America’s future than before the pandemic. 2021 is no less pivotal a year — especially for diversity, equity and inclusion. Employees, customers, partners, and investors expect organizations to make more and faster progress. It’s time to figure out how your organization can play a bigger role in creating a more equal and just society. (Source: hbr.org)

Denny's Corporation - Strategy, SWOT and Corporate Finance Report, is a source of comprehensive company data and information. The report covers the company's structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360Ëš view of the company. (Source: www.marketresearch.com)

- Track strategic initiatives of the company and latest corporate news and actions. (Source: www.marketresearch.com)

"These settlements are not an admission that Denny's has had a policy or practice of discrimination against African Americans," he said. At a news conference in Washington, he sought to portray the incidents as random and not part of a corporate strategy. (Source: www.nytimes.com)

United Airlines Holdings, Inc., Greater Msp, Minnesota Orchestral Association, Northside Achievement Zone, Dennys Corp., Denny's, Inc., The Kennedy Center Corporate Fund (Source: www.wsj.com)

DENNY'S BRENDA LAUDERBACK, APRIL KELLY-DRUMMOND AND LAYSHA WARD NAMED AS MOST INFLUENTIAL WOMEN IN CORPORATE AMERICA BY SAVOY (Source: acronyms.thefreedictionary.com)

The 2021 Multicultural Recruitment Tour is a major initiative that is seeking to hire interns and full-time positions at all levels of the brand from cooks to management trainees to corporate employees. Denny's recruiters will be accepting applications and conducting one-on-one interviews virtually and in-person. For those who are unable to attend the events, resumes can be submitted to Careers.Dennys.com (Source: www.nrn.com)

Vice President - Chief Accounting Officer & Corporate Controller (Source: www.comparably.com)

Jay Gilmore serves as the Vice President - Chief Accounting Officer & Corporate Controller of Denny's. Jay started at... (Source: www.comparably.com)

Corporation

After the killings of George Floyd, Breonna Taylor, and Ahmaud Arbery in early 2020 and the resulting protests against systemic racism and demands for police and political reform, many corporations pledged to support diversity, equity and inclusion (DEI). According to research from Bloomberg, 87 companies made statements on racial justice after Floyd’s murder. Of these, nearly two-thirds pledged to change their hiring practices and half committed to improving diversity among managers and executives. Now corporate America must deliver on those promises.

www.marketresearch.com)Denny's Corporation - Strategy, SWOT and Corporate Finance Report, is a source of comprehensive company data and information. The report covers the company's structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360Ëš view of the company. (Source:

- Detailed information on Denny's Corporation required for business and competitor intelligence needs (Source: www.marketresearch.com)

- A study of the major internal and external factors affecting Denny's Corporation in the form of a SWOT analysis (Source: www.marketresearch.com)

- Intelligence on Denny's Corporation's mergers and acquisitions (MandA), strategic partnerships and alliances, capital raising, private equity transactions, and financial and legal advisors (Source: www.marketresearch.com)

- News about Denny's Corporation, such as business expansion, restructuring, and contract wins (Source: www.marketresearch.com)

www.marketresearch.com)- Stay up to date on Denny's Corporation's business structure, strategy and prospects. (Source:

"With the country continuing to open back up, Denny's is committed to inviting Americans across the country to get back to work," said John Miller, Chief Executive Officer at Denny's Corporation. "The America's Diner Hiring Tour experience allows interviewees to get one-on-one assistance with their applications and find the right position for them. We are glad to be able to mobilize the hiring experience to make it as easy and enjoyable as possible for applicants." (Source: www.prnewswire.com)

Denny's Corporation is the franchisor and operator of one of America's largest franchised full-service restaurant chains, based on the number of restaurants. Denny's has approximately 1,649 franchised, licensed, and company restaurants around the world including 148 restaurants in Canada, Puerto Rico, Mexico, the Philippines, New Zealand, Honduras, the United Arab Emirates, Costa Rica, Guam, Guatemala, the United Kingdom, El Salvador, Indonesia, and Aruba. For further information on Denny's, including news releases, please visit the Denny's website at www.Dennys.com or the brand's social channels via Facebook, Twitter, Instagram, TikTok, LinkedIn or YouTube. (Source: www.prnewswire.com)

The board of Denny's Corporation consists of 10 directors, 50% of which are minorities and women. (Source: acronyms.thefreedictionary.com)

Denny's Corporation is the franchisor and operator of one of America's largest franchised full-service restaurant chains, based on the number of restaurants. (Source: acronyms.thefreedictionary.com)

Gutierrez serves in DENNY'S CORPORATION as a Board member and also was appointed to the Board of Directors of DR. (Source: acronyms.thefreedictionary.com)

Miller, president and chief executive officer of Denny's Corporation, attended the opening ceremony and said he is enthusiastic about Denny's first restaurants in Dubai. (Source: acronyms.thefreedictionary.com)

Location-based services and mapping solutions provider Where 2 Get It Inc said today that it has been chosen to provide a store locator service for restaurant operator Denny's Corporation (Nasdaq:DENN). (Source: acronyms.thefreedictionary.com)

Denny's Corporation stated: "While most Americans do include meat and other foods of animal origin in their diet, there are also millions of Americans who, for various reasons (religion, environmental, ecological, economical, world hunger, and personal ethics), have decided to exclude meat and animal-based products from their diet. (Source: acronyms.thefreedictionary.com)

acronyms.thefreedictionary.com)Denny's Corporation (DENN) announced it has teamed up with Amazon (AMZN) to further expand its digital ordering network, called Denny's on Demand, with the addition of an Amazon Alexa voice ordering skill. (Source:

Denny's Corporation is the franchisor and operator of one of America's largest franchised full-service restaurant chains, based on the number of restaurants. As of June 30, 2021, Denny's had 1,645 franchised, licensed, and company restaurants around the world including 149 restaurants in Canada, Puerto Rico, Mexico, the Philippines, New Zealand, Honduras, the United Arab Emirates, Costa Rica, Guam, Guatemala, El Salvador, Indonesia, and the United Kingdom. For further information on Denny's, including news releases, please visit the Denny's website at www.dennys.com or the brand's social channel via Facebook, Twitter, Instagram, TikTok, LinkedIn or YouTube. (Source: www.nrn.com)

Food

The Company urges caution in considering its current trends and any outlook on earnings disclosed in this press release. In addition, certain matters discussed in this release may constitute forward-looking statements. These forward-looking statements, which reflect management's best judgment based on factors currently known, are intended to speak only as of the date such statements are made and involve risks, uncertainties, and other factors that may cause the actual performance of Denny’s Corporation, its subsidiaries, and underlying restaurants to be materially different from the performance indicated or implied by such statements. Words such as “expect”, “anticipate”, “believe”, “intend”, “plan”, “hope”, "will", and variations of such words and similar expressions are intended to identify such forward-looking statements. Except as may be required by law, the Company expressly disclaims any obligation to update these forward-looking statements to reflect events or circumstances after the date of this release or to reflect the occurrence of unanticipated events. Factors that could cause actual performance to differ materially from the performance indicated by these forward-looking statements include, among others: the rapidly evolving COVID-19 pandemic and related containment measures, including the potential for further operational disruption from government mandates affecting restaurants; economic, public health, social and political conditions that impact consumer confidence and spending with respect to social unrest and the COVID-19 pandemic; competitive pressures from within the restaurant industry; the level of success of the Company’s operating initiatives and advertising and promotional efforts; adverse publicity; health concerns arising from food-related pandemics, outbreaks of flu viruses or other diseases; changes in business strategy or development plans; terms and availability of capital; regional weather conditions; overall changes in the general economy (including with regard to energy costs), particularly at the retail level; political environment (including acts of war and terrorism); and other factors from time to time set forth in the Company’s SEC reports and other filings, including but not limited to the discussion in Management’s Discussion and Analysis and the risks identified in Item 1A. Risk Factors contained in the Company’s Annual Report on Form 10-K for the year ended December 30, 2020 (and in the Company’s subsequent Quarterly Reports on Form 10-Q and Current Reports on Form 8-K).

Restaurant-level Operating Margin is the total of Company Restaurant Operating Margin and Franchise Operating Margin. The Company defines Company Restaurant Operating Margin as company restaurant sales less costs of company restaurant sales (which include product costs, company restaurant level payroll and benefits, occupancy costs, and other operating costs including utilities, repairs and maintenance, marketing and other expenses) and presents it as a percent of company restaurant sales. The Company defines Franchise Operating Margin as franchise and license revenue (which includes franchise royalties and other non-food and beverage revenue streams such as initial franchise fees, advertising revenue and occupancy revenue) less costs of franchise and license revenue and presents it as a percent of franchise and license revenue. (Source: www.globenewswire.com)

These non-GAAP financial measures provide a meaningful comparison between periods and enable investors to focus on the performance of restaurant-level operations by excluding revenues and costs unrelated to food and beverage sales in addition to corporate general and administrative expense, depreciation and amortization, and operating (gains), losses and other charges, net. However, each of these non-GAAP financial measures should be considered as a supplement to, not a substitute for, operating income (loss), net income (loss) or other financial performance measures prepared in accordance with U.S. generally accepted accounting principles. Restaurant-level Operating Margin, Company Restaurant Operating Margin and Franchise Operating Margin do not accrue directly to the benefit of shareholders because of the aforementioned excluded items, and are not indicative of the overall results for the Company. (Source: www.globenewswire.com)

The Company urges caution in considering its current trends and any outlook on earnings disclosed in this press release. In addition, certain matters discussed in this release may constitute forward-looking statements. These forward-looking statements, which reflect management's best judgment based on factors currently known, are intended to speak only as of the date such statements are made and involve risks, uncertainties, and other factors that may cause the actual performance of Denny’s Corporation, its subsidiaries, and underlying restaurants to be materially different from the performance indicated or implied by such statements. Words such as “expect”, “anticipate”, “believe”, “intend”, “plan”, “hope”, "will", and variations of such words and similar expressions are intended to identify such forward-looking statements. Except as may be required by law, the Company expressly disclaims any obligation to update these forward-looking statements to reflect events or circumstances after the date of this release or to reflect the occurrence of unanticipated events. Factors that could cause actual performance to differ materially from the performance indicated by these forward-looking statements include, among others: the rapidly evolving COVID-19 pandemic and related containment measures, including the potential for further operational disruption from government mandates affecting restaurants; economic, public health, social and political conditions that impact consumer confidence and spending with respect to social unrest and the COVID-19 pandemic; competitive pressures from within the restaurant industry; the level of success of the Company’s operating initiatives and advertising and promotional efforts; adverse publicity; health concerns arising from food-related pandemics, outbreaks of flu viruses or other diseases; changes in business strategy or development plans; terms and availability of capital; regional weather conditions; overall changes in the general economy (including with regard to energy costs), particularly at the retail level; political environment (including acts of war and terrorism); and other factors from time to time set forth in the Company’s SEC reports and other filings, including but not limited to the discussion in Management’s Discussion and Analysis and the risks identified in Item 1A. Risk Factors contained in the Company’s Annual Report on Form 10-K for the year ended December 30, 2020 (and in the Company’s subsequent Quarterly Reports on Form 10-Q and Current Reports on Form 8-K). (Source: www.globenewswire.com)

Restaurant-level Operating Margin is the total of Company Restaurant Operating Margin and Franchise Operating Margin. The Company defines Company Restaurant Operating Margin as company restaurant sales less costs of company restaurant sales (which include product costs, company restaurant level payroll and benefits, occupancy costs, and other operating costs including utilities, repairs and maintenance, marketing and other expenses) and presents it as a percent of company restaurant sales. The Company defines Franchise Operating Margin as franchise and license revenue (which includes franchise royalties and other non-food and beverage revenue streams such as initial franchise fees, advertising revenue and occupancy revenue) less costs of franchise and license revenue and presents it as a percent of franchise and license revenue. (Source: www.globenewswire.com)

These non-GAAP financial measures provide a meaningful comparison between periods and enable investors to focus on the performance of restaurant-level operations by excluding revenues and costs unrelated to food and beverage sales in addition to corporate general and administrative expense, depreciation and amortization, and operating (gains), losses and other charges, net. However, each of these non-GAAP financial measures should be considered as a supplement to, not a substitute for, operating income, net income or other financial performance measures prepared in accordance with U.S. generally accepted accounting principles. Restaurant-level Operating Margin, Company Restaurant Operating Margin and Franchise Operating Margin do not accrue directly to the benefit of shareholders because of the aforementioned excluded items, and are not indicative of the overall results for the Company. (Source: www.globenewswire.com)

Denny's Corp is one of America's largest franchised full-service restaurant chains based on the number of restaurants. It provides Pancakes, Appetizers and soups, Sandwiches and salads, Breakfast Melts, Omelettes, and others. The company generates its revenue from the two sources: sale of food and beverages and the collection of royalties and fees from restaurants. (Source: sec.report)

Foods consumers want more of in U.S. fast-food/fast casual restaurants in 2014 (Source: www.statista.com)

Consumers visiting fast-food and fast casual restaurants weekly in the U.S. in 2014 (Source: www.statista.com)

Consumers expecting delivery options at U.S. fast-food/ fast casual restaurants 2014 (Source: www.statista.com)

Foods consumers want more of in U.S. fast-food/fast casual restaurants in 2014 (Source: www.statista.com Consumers visiting fast-food and fast casual restaurants weekly in the U.S. in 2014 (Source:www.statista.com))

Consumers expecting delivery options at U.S. fast-food/ fast casual restaurants 2014 (Source: www.statista.com)

For more than 65 years, Denny’s has been bringing people together over great food. It’s the place where people can relax and be themselves while enjoying classic American comfort food and everyday value. Whether it's appetizers, breakfast, lunch or dinner, we pride ourselves in serving our guests the diner food they love including favorites like Moons Over My Hammy®, Sizzlin’ Skillets, hand-dipped Milk Shakes, 100% Beef Burgers and the world-famous Build Your Own Grand Slam®. And now, you can bring the diner home by ordering diner classics or our NEW! Family Packs. See you at Denny's. (Source: www.mapquest.com)

Denny's Corp (Denny's) is a full-service restaurant chains operator. The company offers menu include signature slams, fluffy pancakes, savory three egg omelettes, classic breakfast favorites, shareable starter and soups, savory three egg omelettes, classic breakfast favorites, shareable starters and soups, fresh salads and super sandwiches, 100% beef burger, deluxe dinner classic, sea food and steaks, sides deserts and drinks and shakes. It also offer kids menu, value menu and featured menu to its customers. It operates company owned and franchised or licensed restaurants in the US, Aruba, Canada, Central America, Mexico, the Philippines and the UK. Denny's is headquartered in Spartanburg, South Carolina, the US. (Source: www.marketresearch.com)

The America's Diner Hiring Tour is designed to support all job seekers, regardless of their level of experience, professional field, or background, and at each location there will be application stations set up for job seekers to easily apply. As a special treat for applying onsite during the tour, Denny's will be giving out its new Red, White and Blue Pancake Breakfast to all applicants from its 53-foot food truck. The crave-able new creation features a light and fluffy stack of pancakes crafted with fresh buttermilk and blueberries and topped with freshly sliced strawberries, a drizzle of cream cheese icing and a dollop of sweet, whipped cream, served up with two eggs, golden hash browns, plus two crispy bacon strips or sausage links. (Source: www.prnewswire.com)

Thomas M. Starnes Chief Food Safety Officer & VP-Brand Protection (Source: www.wsj.com)

Denny's Corporation stated: "While most Americans do include meat and other foods of animal origin in their diet, there are also millions of Americans who, for various reasons (religion, environmental, ecological, economical, world hunger, and personal ethics), have decided to exclude meat and animal-based products from their diet. (Source: acronyms.thefreedictionary.com)

Over 70% of medically important antibiotics in the U.S. are sold for livestock use (U.S. Food and Drug Administration, December 2016). The vast majority of antibiotic use in livestock production is to prevent disease caused by unhealthy conditions on farms, rather than to treat diagnosed illness. (Source: www.iccr.org)

www.iccr.org)In November 2017, WHO released guidelines on the use of medically important antibiotics in animals, “strongly recommend[ing] an overall reduction in the use of all classes of medically important antibiotics in food-producing animals, including complete restriction of these antibiotics for growth promotion and disease prevention without diagnosis.” (Source:

For over 60 years, Denny’s Restaurants has been a place where people can come in, sit down and connect with one another over great food. Most locations open 24 hours a day, 7 days a week, Denny’s Restaurants serves breakfast around the clock as well as classic diner fare, including hand-pressed burgers and home-style dinners. Our menu is broad yet familiar, making it a great place to take the kids and family. (Source: northland.ca)

 

 

 

 

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