Although the revenue and EPS for Denny's (DENN) give a sense of how its business performed in the quarter ended December 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Shares of diner restaurant chain Denny’s (NASDAQ:DENN) fell 8.5% in the morning session after the company reported fourth-quarter results with revenue, adjusted EBITDA, and EPS, missing analysts' expectations. Guidance was tepid as well, with full-year adjusted EBITDA guidance below expectations. Also, the full-year domestic system-wide same-restaurant sales guidance points to a growth deceleration at 0% -3% (vs. 3.6% growth in 2023). On the other hand, Same-store sales and gross margin beat. Zo