These restaurant chains closed locations in 2024
Portfolio Pulse from
In 2024, restaurant chains such as Wendy's, Denny's, and Applebee's closed locations due to a decline in consumer dining out. U.S. restaurant visits decreased in the first 10 months of the year, as reported by Black Box Intelligence.
January 01, 2025 | 1:15 pm
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NEGATIVE IMPACT
Denny's closed locations in 2024 as fewer consumers dined out, affecting its financial performance.
Denny's decision to close locations suggests a negative impact on its financial performance due to decreased consumer dining out.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Wendy's closed locations in 2024 due to decreased consumer dining out, impacting revenues.
Wendy's closure of locations indicates a direct impact on its revenues and potentially its stock price due to reduced consumer dining out.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80