Denny's Corporation

NASDAQ•DENN

CEO: Ms. Kelli F. Valade

Sector: Consumer Cyclical

Industry: Restaurants

Listing Date: 1998-01-08

Denny's Corporation, through its subsidiaries, owns and operates franchised full-service restaurant chains under the Denny's and Keke's Breakfast Cafe brands in the United States and internationally. The company was formerly known as Advantica Restaurant Group, Inc. and changed its name to Denny's Corporation in July 2002. Denny's Corporation was founded in 1953 and is headquartered in Spartanburg, South Carolina.

Contact Information

203 East Main Street, Spartanburg, SC, 29319-9966, United States

864-597-8000

www.dennys.com

Market Cap

$321.87M

P/E (TTM)

38.6

65.4

Dividend Yield

52W High

$7.66

52W Low

$2.85

52W Range

71%

Rank38Top 36.9%

4.3

F-Score

Modified Piotroski Analysis

Based on 10-year fundamentals

Average • 4.3 / 9 points

Scoring Range (0-9)

8-9: Excellent Value

6-7: Strong Fundamentals

4-5: Average Quality

0-3: Weak Performance

Data Period: 2016-2025

Financial Dashboard

Q3 2025 Data

Revenue

$113.24M+1.33%

4-Quarter Trend

EPS

$0.01-90.69%

4-Quarter Trend

FCF

$6.71M+0.00%

4-Quarter Trend

2025 Q3 Earnings Highlights

Key Highlights

Nine Month Revenue Growth Total operating revenue reached $342.5M, up 1.4% for nine months ended September 24, 2025 versus prior year.

Strong Operating Cash Flow Cash provided by operations totaled $30.3M year-to-date, significantly increasing from $20.9M in the prior year period.

Deficit Narrows Slightly Total shareholders' deficit improved to $(32.7M) as of September 24, 2025, compared to $(34.0M) at year-end 2024.

Keke's Sales Momentum Keke's franchise same-store sales increased 2.8% year-to-date, partially offsetting the 0.8% decline at Denny's.

Risk Factors

Net Income Significantly Lower Nine-month net income dropped sharply to $3.4M versus $14.8M reported in the comparable prior year period.

High Effective Tax Rate Year-to-date effective tax rate was 45.8%, heavily inflated by 10.8% in discrete tax items this period.

Activist Stockholder Engagement Stockholders filed 13D intending to discuss strategy, capital allocation, and potential sale of the Company.

Credit Facility Restrictions Imposed Amended credit facility prohibits dividend payments and share repurchases until maturity in January 2027.

Outlook

Imminent Merger Closing Transaction expected to close in Q1 2026, converting common stock to $6.25 cash per share.

Technology Platform Investment Committed $4M investment toward new cloud-based platform for domestic franchise rollout continuing through 2027.

Expected Tax Rate Range Management currently expects the full 2025 fiscal year effective tax rate to be between 25% and 29%.

Liquidity Supports Operations Cash from operations supports anticipated requirements and capital funding needs over the next 12 months.

Peer Comparison

Revenue (TTM)

ONEW

$1.88B

+5.2%

CRMT

$1.14B

-15.9%

$718.91M

-11.0%

Gross Margin (Latest Quarter)

GAMB

91.3%

-3.5pp

XPOF

88.3%

+1.9pp

72.6%

+5.5pp

Key Metrics

Symbol	Market Cap	P/E (TTM)	ROE (TTM)	Debt to Assets
STRT	$358.05M	12.8	12.1%	0.6%
RCKY	$342.09M	15.4	9.2%	25.7%
LOCO	$333.10M	12.5	9.6%	41.9%

Long-Term Trends

Last 4 Quarters

Revenue

Net Income

Operating Cash Flow

4Q Revenue CAGR

-0.4%

Flat Growth

4Q Net Income CAGR

-54.7%

Declining Profitability

Cash Flow Stability

100%

Strong Cash Flow

Deep Research

Financials

Earnings Calls

Reports

News

Income Statement

Balance Sheet

Cash Flow Statement

Ratios

% Chg.

Income Statement	LTM

No Data