Denny's Corp (DENN) Misses Q3 EPS by 1c
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Denny’s Corporation Reports Results for Third Quarter 2018
October 30, 2018 4:05 PM EDT- Announces Refranchising And Development Strategy -
SPARTANBURG, S.C., Oct. 30, 2018 (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 third quarter ended September 26, 2018, and announced a refranchising and development strategy.
Third Quarter 2018 Highlights
Total Operating Revenue grew 19.4% to $158.0 million, primarily due to the benefit of revenue recognition changes.Domestic system-wide same-store sales** grew 1.0%, including increases of 2.1% at company restaurants and 0.8% at domestic franchised restaurants.Completed 59 remodels, including 53 at... More