Denny’s 3rd-Q profit sinks

SPARTANBURG S.C. Amid a restructuring that includes staff layoffs, divestments of real estate and the sale of some corporate restaurants to franchisees, Denny’s Corp. posted a 79.1-percent plunge in third-quarter profit on a 6.5-percent decline in revenue to $241.4 million. However, same-store sales rose 1.3 percent at corporate units and 3.2 percent at franchised units.

The operator or franchisor of 1,539 namesake restaurants said net income for the three

Register to view the full article

Register to view this article

Hide comments


  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.