Denny's Corp. (DENN) Reports In-Line Q1 EPS

Denny's Corp. (NASDAQ: DENN) reported Q1 EPS of $0.07, in-line with the analyst estimate of $0.07. Revenue for the quarter came in at $111.9 million versus the consensus estimate of $112.97 million. Domestic system-wide same-store sales increased 1.8%, comprised of a 3.2% increase at company restaurants and 1.5% increase at domestic franchised restaurants.

John Miller, President and Chief Executive Officer, stated, "We are pleased to start the year with another quarter of system-wide same-store sales growth highlighted by our strongest quarter of same-store sales at company restaurants in over seven years. Our newly launched Heritage remodel program helped our company restaurants achieve positive same-store guest traffic. We continue to strengthen our position as a leader in our segment, as we make improvements in our food, service and atmosphere to evolve the business to meet the expectations of our guests. The success of our America's Diner revitalization is resonating with our guests and our franchisees, who continue to be energized and excited about the future at Denny's."

For earnings history and earnings-related data on Denny's Corp. (DENN) click here.

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