|Bid||19.44 x 800|
|Ask||19.46 x 1300|
|Day's Range||19.32 - 19.57|
|52 Week Range||15.53 - 23.88|
|Beta (3Y Monthly)||0.09|
|PE Ratio (TTM)||11.11|
|Earnings Date||Feb 10, 2020 - Feb 14, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||25.21|
Today we will run through one way of estimating the intrinsic value of Denny's Corporation (NASDAQ:DENN) by taking the...
Denny’s Corporation (DENN), franchisor and operator of one of America's largest franchised full-service restaurant chains, today announced that the Company will participate in the Stephens Nashville Investment Conference taking place at The Omni Nashville Hotel. As of September 25, 2019, Denny’s had 1,706 franchised, licensed, and company restaurants around the world including 140 restaurants in Canada, Puerto Rico, Mexico, the Philippines, New Zealand, Honduras, the United Arab Emirates, Costa Rica, Guam, Guatemala, the United Kingdom, El Salvador, Aruba, and Indonesia.
Dunkin' Brands Group's (DNKN) third-quarter 2019 earnings gain from an improvement in operating income. Moreover, its revenues rise from a year ago due to high royalty income.
Denny's (DENN) delivered earnings and revenue surprises of 12.50% and -4.66%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?
SPARTANBURG, S.C., Oct. 29, 2019 -- Denny’s Corporation (NASDAQ: DENN), franchisor and operator of one of America's largest franchised full-service restaurant chains, today.
(Bloomberg Opinion) -- Beyond Meat Inc.’s Monday earnings report offered plenty for its investors to cheer. Revenue rose 250% from a year earlier to $92 million, exceeding analyst estimates. The company raised its full-year revenue outlook, and for the first time delivered positive net income.(4)If Beyond Meat is to continue its blistering pace of growth, one thing is becoming increasingly clear: The most promising path for this pioneer in the plant-based meat business runs not through America’s home kitchens, but through its big restaurant chains.According to recent survey research from Cowen, the majority of consumers who have tried a plant-based burger from Beyond or its primary rival, Impossible, first did so at a restaurant. (Worth noting: the study was conducted before Burger King’s nationwide rollout of its Impossible Whopper.)It makes sense that the drive-thru window or carryout counter is seen as an inviting way to experiment with an unfamiliar product. Home cooks might not trust themselves to prepare a patty made from pea protein. And a diner might be more likely to try something different, even edgy, if it has the imprimatur of a familiar restaurant chain.So it’s good, then, that Beyond is focused on building a roster of restaurant partners. It announced Monday that Denny’s Corp. will serve its plant-based burgers nationwide starting in 2020. Last week, the company said Dunkin’ restaurants were set to add its plant-based sausage nationwide earlier than originally planned after sales in a test market exceeded forecasts.It is already clear from Beyond’s sales results that it is becoming a company that depends heavily on restaurants. In the first nine months of its current fiscal year, the restaurant division accounted for 48% of revenue. That’s up significantly from the previous year, when 34% of sales came from that division in the comparable nine-month period.The good news for Beyond is that it shouldn’t have any trouble attracting interest from more restaurant partners.It’s not just that sales of these plant-based patties often tend to be incremental to sales of traditional menu items. Cowen analysts estimate that Burger King gets a higher gross profit per transaction on orders that include an Impossible Whopper than on its average lunch or dinner order. If a similar pattern holds at other restaurant chains, you can bet franchisees will be plenty willing to get on board.And as Beyond grows and builds a more efficient supply chain, its food costs should come down, which could eventually make the profitability profile of such orders even more favorable. Impossible and Beyond are in something of an arms race to line up restaurant partners, and they are right to be fighting hard for that menu space.In a year littered with initial public offering flops, the debut of Beyond has stood out, with its shares rocketing as investors see huge growth potential. At the same time, there is reason to be skeptical of Beyond’s rich valuation: Companies such as Nestle SA and Tyson Foods Inc. — industry goliaths with well-developed manufacturing capabilities and marketing firepower — are increasingly looking to get a piece of this new plant-based burger market, one geared more toward omnivores than vegetarians. One of Beyond Meat’s best tools for holding its own against that onslaught is a pack of marquee restaurant partners who can make its products a fast-food menu staple. (1) Beyond Meat’s stock fell in late trading, though that likely reflects investor fears about what might happen to shares upon a lockup expiry on Tuesday.To contact the author of this story: Sarah Halzack at firstname.lastname@example.orgTo contact the editor responsible for this story: Michael Newman at email@example.comThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Sarah Halzack is a Bloomberg Opinion columnist covering the consumer and retail industries. She was previously a national retail reporter for the Washington Post.For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.
We are still in an overall bull market and many stocks that smart money investors were piling into surged through October 17th. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 45% and 39% respectively. Hedge funds' top 3 stock picks returned 34.4% this year and beat the S&P […]
Denny's Corp. said Monday that it has partnered with Beyond Meat Inc. to launch the Denny's Beyond Burger. The new item is available in Los Angeles starting Monday, and is made with American cheese, All-American sauce and a multigrain bun. It's available throughout the day. And for Halloween, Denny's will offer diners a free Beyond Burger between 4pm and 7pm with the purchase of a beverage. The Denny's Beyond Burger will be available nationwide in 2020. This is the first plant-based protein option for the family-dining chain. Denny's stock is down 2.1% for the past three months, Beyond Meat has tumbled 57.1%, and the S&P 500 index is down 0.1% for the period..
SPARTANBURG, S.C., Oct. 08, 2019 -- Denny’s Corporation (NASDAQ: DENN), franchisor and operator of one of America's largest franchised full-service restaurant chains, will.
In 2011 John Miller was appointed CEO of Denny's Corporation (NASDAQ:DENN). This analysis aims first to contrast CEO...
EVP, Chief Admin Officer & CFO of Denny's Corp (30-Year Financial, Insider Trades) F Mark Wolfinger (insider trades) sold 25,000 shares of DENN on 09/06/2019 at an average price of $23.56 a share. Continue reading...
Denny’s Corporation (DENN), franchisor and operator of one of America's largest franchised full-service restaurant chains, today announced that the Company will participate in CL King’s 17th Annual Best Ideas Conference taking place at the Omni Berkshire Place Hotel in New York. The Company will conduct investor meetings with a presentation by Mark Wolfinger, Executive Vice President, Chief Financial Officer and Chief Administrative Officer, on Thursday, September 19, 2019 at 8:45 a.m. Eastern Time. Investors and interested parties may listen to a live audio webcast of the presentation which will be available online in the Investor Relations section of Denny's website at investor.dennys.com with a replay of the event webcast available following the live event. Investors and interested parties may access a copy of the presentation in the Events and Presentations section of Denny's website at investor.dennys.com.
Sr. VP COO of Denny's Corp (30-Year Financial, Insider Trades) Christopher D Bode (insider trades) sold 50,488 shares of DENN on 08/30/2019 at an average price of $23.53 a share. Continue reading...
NEW YORK , Aug. 27, 2019 /PRNewswire/ -- Purcell Julie & Lefkowitz LLP, a class action law firm dedicated to representing shareholders nationwide, is investigating a potential breach of fiduciary duty ...
Several sales-building efforts, unit expansion and increased focus on refranchising are favoring Dunkin' Brands' (DNKN) revenue and earnings growth.
Domino's (DPZ) relies extensively on delivery services to drive growth. To this end, the company expands the E-Bike program in partnership with Rad Power Bikes.
Chipotle's (CMG) increased focus on food safety and enhancing customer experience along with various sales-building efforts bodes well amid a high-cost environment.
Today we are going to look at Denny's Corporation (NASDAQ:DENN) to see whether it might be an attractive investment...