Dennys Corp (DENN, Financial), a major full-service restaurant chain in the U.S., experienced a significant stock drop of 5%. The share price fell to $6.08 with a trading volume of 230,259 shares, a turnover rate of 0.45%, and a price fluctuation of 4.69%.
Recent financial reports show Denny's achieved $116 million in revenue with a net profit of $3.57 million, resulting in earnings per share of $0.07. The company reported a gross profit of $31.19 million and a price-to-earnings ratio of 17.40.
In the investment community, 44% of the nine rating firms recommend buying, while 56% suggest holding. There are no sell recommendations.
The restaurant industry as a whole has seen a decrease of 1.08%. Notably, companies like Sweetgreen, Inc. showed substantial gains, whereas others such as Dine Brands Global Inc recorded active trading with significant turnover rates and price fluctuations.
Denny's generates revenue from food and beverage sales and franchise fees, offering a menu that includes pancakes, appetizers, soups, sandwiches, salads, breakfast items, and omelets.
