Streetbeat News

DENN

Denny's Corporation

https://www.dennys.com

Industry

Restaurants

Denny's Corporation, through its subsidiary, Denny's, Inc., owns and operates full-service restaurant chains under the Denny's brand. As of December 29, 2021, it had 1,640 franchised, licensed, and company restaurants worldwide. The company was formerly known as Advantica Restaurant Group, Inc. and changed its name to Denny's Corporation in 2002. Denny's Corporation was founded in 1953 and is based in Spartanburg, South Carolina.

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Shares of hotel, restaurant, and leisure companies are trading lower amid overall market weakness on US economic concerns.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 3:03 pm

Benchmark analyst Todd Brooks has reiterated a Buy rating on Denny's (NASDAQ:DENN) and maintained a $15 price target.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 5:29 pm

Denny's shares are trading lower after the company reported worse-than-expected Q2 financial results. Additionally, Wedbush and Oppenheimer lowered their respective price targets on the stock.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 3:41 pm

Oppenheimer analyst Michael Tames maintains an Outperform rating on Denny's (NASDAQ:DENN) but lowers the price target from $11 to $10.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 12:47 pm

Wedbush analyst Nick Setyan maintains a Neutral rating on Denny's (NASDAQ:DENN) and lowers the price target from $8.5 to $8.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 11:00 am

Denny's (NASDAQ:DENN) reported Q2 2024 earnings per share of $0.13, missing the analyst estimate of $0.19 by 31.58%. Sales were $115.927 million, also missing the estimate of $118.980 million. Both earnings and sales showed a decline compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 8:33 pm

Wedbush analyst Nick Setyan has reiterated a Neutral rating on Denny's (NASDAQ:DENN) and maintained the price target at $8.5.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2024 | 2:37 pm

Benchmark analyst Todd Brooks reiterates a Buy rating on Denny's (NASDAQ:DENN) and maintains a $15 price target.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 3:27 pm

Denny's Corporation (NASDAQ:DENN) reported Q1 earnings below market expectations, with adjusted earnings of 11 cents per share against estimates of 14 cents, and sales of $110.00 million versus expected $115.16 million. Despite the miss, CEO Kelli Valade highlighted positive domestic sales and traffic, and outlined sales driving initiatives for the year. Following the report, Denny's shares dropped 2.3% to $8.02, and analysts from Wedbush and Oppenheimer revised their price targets downwards.

Portfolio Pulse from Avi Kapoor

May 01, 2024 | 12:34 pm

Oppenheimer analyst Michael Tames maintains an Outperform rating on Denny's (NASDAQ:DENN) but lowers the price target from $12 to $11.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 12:16 pm

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