Aug. 4 at 8:26 PM
$DENN
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Denny's domestic same-restaurant sales declined 1.3%
Net income of only
$2.5M (
$0.05 per share), with adjusted net income of
$4.8M (
$0.09 per share)
Company restaurant operating margin decreased to 11.5% from 12.7% year-over-year
High total debt of
$278.6M, including
$268.6M in credit facility borrowings
Increased product costs due to higher egg prices and marketing investments
For full-year 2025 guidance, Denny's expects domestic system-wide same-restaurant sales between -2.0% and 1.0%, with Adjusted EBITDA projected between
$80-85 million. The company plans share repurchases of
$15-25 million.
