Denny's traded at $6.25 this Friday January 16th, decreasing $0.01 or 0.16 percent since the previous trading session. Looking back, over the last four weeks, Denny's lost 31.77 percent. Over the last 12 months, its price fell by 39.56 percent. Looking ahead, we forecast Denny's to be priced at 8.39 by the end of this quarter and at 7.64 in one year, according to Trading Economics global macro models projections and analysts expectations.
Denny's Corporation (Denny's), incorporated on September 29, 1988, operates a franchised full-service restaurant chain. The Company, through its subsidiary, Denny's, Inc., owns and operates the Denny's brand. Denny's brand consists of approximately 1,706 restaurants, which includes franchised/licensed restaurants and company operated. In addition to its breakfast-all-day items, Denny’s offers a selection of lunch and dinner items including burgers, sandwiches, salads and skillet entres. It also offers assortment of beverages, appetizers and desserts. It also offers items for children and seniors. The Company’s purchasing department administers programs enables procurement of food and non-food products. Its franchisees also purchase food and non-food products directly from its vendors under these programs. The Company’s restaurants are operated in the District of Columbia, United States territories, California, Texas, and Florida.