Denny's Corp (DENN) Tops Q4 EPS by 2c
Denny's Corp (NASDAQ: DENN) reported Q4 EPS of $0.18, $0.02 better than the analyst estimate of $0.16. Revenue for the quarter came in at $135.5 million versus the consensus estimate of $135.74 million.
- Domestic system-wide same-store sales grew 2.2%, including an increase of 2.1% at company restaurants and 2.2% at domestic franchised restaurants.
- Opened fourteen system restaurants, including three international franchised locations.
- Completed 69 remodels, including 67 at franchised restaurants.
- Operating Income increased 17.7% to $18.9 million.
- Company Restaurant Operating Margin* was $16.4 million and Franchise Operating Margin* was $25.4 million.
- Net Income was $13.1 million, or $0.19 per diluted share.
- Adjusted Net Income* was $12.2 million, while Adjusted Net Income per Share* was $0.18.
- Adjusted EBITDA* increased 7.6% to $27.8 million.
- Generated $15.3 million of Adjusted Free Cash Flow*, after cash capital expenditures.
For earnings history and earnings-related data on Denny's Corp (DENN) click here.
