NASDAQ$DENN

Denny's Corp. · Q1 2021 earnings

Q1 2021 earnings · · Investor relations

Briefing

Reported results for the first quarter of 2021, showing sequential sales improvements driven by reopened dining rooms, fiscal stimulus, and virtual brand rollouts.

Denny's Corporation reported first quarter 2021 results with total operating revenue of $80.6 million and net income of $23.2 million, or $0.35 per diluted share. The company saw sequential sales improvements due to reopened dining rooms and the rollout of new virtual brands.

  • Total Operating Revenue was $80.6 million.
  • Domestic system-wide same-store sales decreased 20.0% compared to the equivalent fiscal period in 2019.
  • Operating Income was $5.5 million.
  • Net Income was $23.2 million, or $0.35 per diluted share.

Headline financials

Total Revenue

$80.6M

Previous: $96.7M-16.7%
EPS (adj)

$0.01

Previous: $0.17-94.1%
Franchise Operating Margin

49.5%

No prior period
Company Restaurant Operating Margin

10.1%

No prior period
Adjusted EBITDA

$11.8M

No prior period
Free Cash Flow

$5.2M

Previous: $9M-42.2%
Net Income

$23.2M

Previous: $9M+157.8%
Operating Income

$5.5M

Previous: $18M-69.4%
Gross Profit

$26.7M

Previous: $31.4M-15.1%
Cash & Equivalents

$14.5M

Previous: $39.2M-63.0%
Total Assets

$423M

Previous: $484M-12.6%
Stock-Based Comp

$3.47M

Previous: -$1.54M+325.9%

Revenue & EPS history

Denny's · Revenue · Quarterly

$80.6M

Q1 2021-16.7%vs Q1 2020
Beat estimate in 12 of 16 quarters(75%)
ActualEstimate

Revenue by segment

Denny's · $80.6M total across 2 segments · Q1 2021

  • Franchise and License Revenue
    $47M-13.6%
  • Company Restaurant Sales
    $33.6M-20.6%

Forward guidance

Due to the dynamic and evolving impact of the COVID-19 pandemic, the Company cannot reasonably provide a business outlook for the fiscal year ending December 29, 2021 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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