NASDAQ$DENN

Denny's Corp. · Q1 2020 earnings

Q1 2020 earnings · · Investor relations

Briefing

Denny's reported results for the first quarter of 2020, which was impacted by the COVID-19 pandemic.

Denny's Corporation reported a decrease in total operating revenue to $96.7 million due to the impact of COVID-19, despite solid sales results through February. The company and its franchisees adapted quickly by focusing on safety and implementing off-premise sales channels. Cost savings measures and financial relief for franchisees were also implemented.

  • Total Operating Revenue was $96.7 million.
  • Domestic system-wide same-store sales decreased 6.3%.
  • Operating Income was $18.0 million.
  • Net Income was $9.0 million, or $0.16 per diluted share.

Headline financials

Total Revenue

$96.7M

Previous: $151M-36.1%
EPS (adj)

$0.17

Previous: $0.13+30.8%
Capital Expenditures

$2.82M

Previous: $3.11M-9.4%
Free Cash Flow

$9M

Previous: $9.36M-3.8%
Net Income

$9M

Previous: $15.5M-41.9%
Operating Income

$18M

Previous: $24.1M-25.4%
Gross Profit

$31.4M

Previous: $40.2M-22.0%
Cash & Equivalents

$39.2M

Previous: $1.9M+1966.4%
Total Assets

$484M

Previous: $422M+14.6%
Stock-Based Comp

-$1.54M

Previous: $2.25M-168.2%

Revenue & EPS history

Denny's · Revenue · Quarterly

$96.7M

Q1 2020-36.1%vs Q1 2019
Beat estimate in 11 of 16 quarters(69%)
ActualEstimate

Revenue by segment

Denny's · $96.7M total across 2 segments · Q1 2020

  • Franchise and License Revenue
    $54.4M+2.9%
  • Company Restaurant Sales
    $42.3M-57.1%

Forward guidance

The Company withdrew its guidance for the fiscal year ending on December 30, 2020. Given the dynamic and evolving impact of the COVID-19 pandemic on the Company's operations and substantial uncertainty about future performance, the Company cannot reasonably provide an updated business outlook at this time.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 16 quarterly earnings reports

Historical avg

-0.0%

Avg return

Earnings day

-0.9%

Avg return

5 days after

-2.4%

Avg return

30 days after

41%

26 / 64 earnings

Positive

+50.1%

Q3 2025

Best reaction

-23.8%

Q4 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026
Q4 2025
Q3 2025+50.1%+48.7%+50.1%
Q2 2025-3.3%-0.5%+31.8%
Q1 2025+3.2%+17.9%+2.6%
Q4 2024-23.8%-27.5%-41.5%
Q3 2024-17.2%-5.9%-3.8%
Q2 2024-1.6%-12.2%-11.9%
Q1 2024-2.1%-1.3%-15.2%
Q4 2023-10.1%-9.9%-13.7%
Q3 2023+1.2%+7.5%+11.7%
Q2 2023-11.2%-12.9%-19.1%
Q1 2023-5.4%-4.1%+1.6%
Q4 2022+1.3%+3.6%-11.0%
Q3 2022+2.6%+4.1%+10.6%
Q2 2022+8.1%+0.4%+2.1%
Q1 2022-14.8%-18.9%-20.4%
Q4 2021-2.6%-3.4%-11.9%
Q3 2021-2.2%
Q2 2021+5.8%
Q1 2021-4.3%
Q4 2020-0.9%
Q3 2020-13.6%
Q2 2020+4.9%
Q1 2020+4.6%
Q4 2019-3.4%
Q3 2019-3.2%
Q2 2019+3.8%
Q1 2019+1.5%
Q4 2018-3.6%
Q3 2018+20.6%
Q2 2018-7.1%
Q1 2018-14.4%
Q4 2017+3.7%
Q3 2017+1.8%
Q2 2017+8.4%
Q1 2017-6.5%
Q4 2016+12.0%
Q3 2016+6.1%
Q2 2016-2.0%
Q1 2016+6.1%
Q4 2015+5.1%
Q3 2015-6.3%
Q2 2015+8.0%
Q1 2015-0.3%
Q4 2014+5.6%
Q3 2014+10.8%
Q2 2014+9.9%
Q1 2014+5.4%
Q4 2013+0.0%
Q3 2013-1.9%
Q2 2013-3.6%
Q1 2013+0.0%
Q4 2012-1.8%
Q3 2012-1.5%
Q2 2012-4.2%
Q1 2011-4.1%
Q1 2012+3.4%
Q4 2009-1.4%
Q4 2011-1.4%
Q3 2010-3.8%
Q3 2011-3.8%
Q4 2010-7.8%
Q2 2011-7.8%
Q2 2010-3.0%
Q1 2010+11.1%

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