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Dec 30, 2020
Denny's Q4 2020 Earnings Report
Reported results for the fourth quarter and full year ended December 30, 2020.
Key Takeaways
Denny's Corporation reported a challenging fourth quarter due to the COVID-19 pandemic, with total operating revenue at $80.1 million and a domestic system-wide same-store sales decrease of 32.9%. Despite these challenges, the company remained optimistic due to increasing vaccine distribution and fiscal stimulus.
Total Operating Revenue was $80.1 million.
Domestic system-wide same-store sales decreased 32.9%.
Net Income was $2.4 million, or $0.04 per diluted share.
Adjusted Net Loss was $3.0 million, or $0.05 per diluted share.
Forward Guidance
Given the dynamic and evolving impact of the COVID-19 pandemic on the Company's operations and uncertainty about the timing and extent of an anticipated recovery, the Company cannot reasonably provide a business outlook for the fiscal year ending December 29, 2021 at this time.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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