Denny's: Value offerings driving positive traffic, lower checks
Executives at Denny's Corp. told analysts Tuesday that value offerings like the family-dining chain's $2 $4 $6 $8 menu have resulted in positive guest traffic but smaller average checks. The conference call came after Denny's reported flat earnings for the Sept. 29-ended third quarter of $9.9 million, or 10 cents per share, compared with year-earlier net income of $10 million, or 10 cents per share. Revenue fell 4.2 percent to $139.9 million from $146.1 million a year earlier, reflecting in ...
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