A fantastic report out and no CC. That's too bad.
Tomorrow will be a great day for DENN.
Net income per share:
qtr ending 12/30/09 12/31/09
Basic $ 0.19 $ (0.04 )
Diluted $ 0.18 $ (0.04
year eps 2009 2008
Basic $ 0.43 $ 0.13
Diluted $ 0.42 $ 0.13
over $4 soon!!!!
Denny's practices the same technique as the prisoners in Siberia. They amputate their appendages, eat them and have a full stomach and a smaller host-body to support. Too bad if it causes an infection and kills you, that's going to happen anyway.
It jumped so much omg! WoW! They better have some more restaurants to sell to cover their crap numbers.
Yes, I'd say those earnings look respectable, do the math and if that profit trend continues, the stock is definitely undervalued.
The negative in there is the decline in same-store sales, yes it's a rough economic environment, but that has to be turned around to keep the profits up.
I wouldn't know if any of the after-hours trading was influenced by this release, but it didn't look so great.
You don't get any lower than Denny's without being outright FAST FOOD and yet they still show a decline in SSS. Guess what, we're down after-hours and we'll be DOWN tomorrow, you can bank on it.
There is a cc. It's happening right now.
thanks!