Denny’s Corporation Reports Results For Fourth Quarter And Full Year 2018
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Denny's Corp (DENN) Reports In-Line Q4 EPS, Revenues Beat; Provides FY19 Business Outlook
February 12, 2019 4:11 PM ESTDenny's Corp (NASDAQ: DENN) reported Q4 EPS of $0.18, in-line with the analyst estimate of $0.18. Revenue for the quarter came in at $159.5 million versus the consensus estimate of $158.23 million.
Total Operating Revenue grew 17.7% to $159.5 million, primarily due to the benefit of revenue recognition changes.Domestic system-wide same-store sales** grew 1.4%, including increases of 2.1% at company restaurants and 1.2% at domestic franchised restaurants.Completed 41 remodels at franchised restaurants.Operating Income increased 4.8% to $19.8... More