Denny's Corporation released selected preliminary and unaudited results for its fourth quarter and fiscal year ended December 25, 2024, on January 13, 2025. The company reported solid domestic system-wide same-restaurant sales growth of +1.1% for Q4 2024, marking a positive shift in performance.
Keke's Breakfast Cafe, Denny's emerging growth brand, demonstrated accelerated development by opening eight new cafes and entering four new states during the fourth quarter. This expansion highlights Keke's role as a key growth driver for the company, contributing to overall positive momentum.
For the full fiscal year 2024, Denny's domestic system-wide same-restaurant sales were (0.2%). The company also completed 23 remodels in FY 2024, which resulted in an average sales lift of +6.4% and a traffic lift of +6.5% in test restaurants. These preliminary results indicate progress in executing strategic initiatives to enhance brand health and drive shareholder value.
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