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Stock impact report

Denny's pivots to Keke's Breakfast Cafe as habits evolve [Yahoo! Finance]

Denny's Corporation (DENN) 
Last denny's corporation earnings: 2/11 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.dennys.com
Company Research Source: Yahoo! Finance
Denny's Corp. (Nasdaq: DENN), the parent company of both Denny's and Orlando-based Keke's Breakfast Cafe, plans to close 150 Denny's restaurants in the next 12-18 months, while simultaneously opening 12-16 new Keke's locations. Denny's acquired Keke's in 2022 for $82.5 million. The move gave Denny's new access to participate in the fast-growing morning eatery segment, the company said at the time. Read: Looking to vote early? Here's where you can go This significant shift in the company's strategy was announced during an Oct. 22 investor conference . U.S. Denny's same-restaurant sales were down 0.1% in third-quarter 2024. Click here to read the full story on the Orlando Business Journal's website. Click here to download our free news, weather and smart TV apps. And click here to stream Channel 9 Eyewitness News live. Show less Read more
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