---
schema_version: "secwatch.filing_event.v1"
accession: "0000852772-24-000034"
form_type: "8-K"
ticker: null
cik: "0000852772"
company_name: "DENNY'S Corp"
filed_at: "2024-04-30T23:59:59+00:00"
generated_at: "2026-06-03T05:10:03.535351+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Denny's Q1 revenue down 6.4% to $110M; adjusted EPS $0.11 vs $0.13; raises FY24 adjusted EBITDA guidance

## Summary
- Total operating revenue $110.0M vs $117.5M prior year; domestic system-wide same-restaurant sales -1.3%.
- Net income $4.7M ($0.09 diluted EPS) vs $0.6M; adjusted net income per share $0.11 vs $0.13.
- Adjusted franchise operating margin 52.2% of franchise revenue; company restaurant margin 11.5% vs 13.2%.
- FY24 guidance: same-restaurant sales 0-3%, adjusted EBITDA $87-91M (up from $85-89M).
- Quarterly share repurchases $4.8M; $95.7M remaining under buyback authorization.

## SEC filing metadata
- accession: 0000852772-24-000034
- form_type: 8-K
- cik: 0000852772
- company_name: DENNY'S Corp
- filed_at: 2024-04-30T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/852772/000085277224000034/0000852772-24-000034-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/852772/000085277224000034/denn-20240430.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000852772-24-000034
- JSON: https://secwatch.observer/filing/0000852772-24-000034.json
- Plain text: https://secwatch.observer/filing/0000852772-24-000034.txt

## Key facts
- Earnings Releases
  DENNY'S Corp reported first quarter ended March 27, 2024 results: revenue $110.0 million, net income $4.7 million, EPS $0.09 per diluted share. Guidance reaffirmed.
  - Period: first quarter ended March 27, 2024
  - Revenue: $110.0 million
  - Net income: $4.7 million
  - EPS: $0.09 per diluted share
  - Guidance: reaffirmed
  - Result: reported results
  source text: the pandemic began. These initiatives are sure to generate incremental sales and margins at our flagship brand.” First Quarter 2024 Highlights (1) • Total operating revenue was $110.0 million compared to $117.5 million in the prior year quarter. • Denny's domestic system-wide same-restaurant sales** were (1.3%) compared to the equivalent fiscal period in 2023,
  evidence_url: https://www.sec.gov/Archives/edgar/data/852772/000085277224000034/0000852772-24-000034-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.