Denny's Corp (DENN) Reports In-Line Q1 EPS
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Denny’s Corporation Reports Results for First Quarter 2019
April 30, 2019 4:08 PM EDTSPARTANBURG, S.C., April 30, 2019 (GLOBE NEWSWIRE) -- Dennys 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... More