DENN - Denny's Analysts Cut Their Forecasts After Q1 Earnings | Benzinga
Denny’s Corporation (NASDAQ:DENN) reported weaker-than-expected first-quarter financial results on Tuesday.
Denny’s posted adjusted earnings of 11 cents per share, missing market estimates of 14 cents per share. The company's quarterly sales came in at $110.00 million, missing expectations of $115.16 million, according to data from Benzinga Pro.
Kelli Valade, Chief Executive Officer, stated, “I am very pleased that our first quarter domestic same-restaurant sales and traffic outperformed both the family and casual dining segments, while overcoming the industry’s tough ...