Denny's Reports Q4 Earnings Miss
Denny's Corp. (DENN) announced a net income of $6.8 million for the fourth quarter, translating to earnings per share of 13 cents.
Adjusted for non-recurring items, earnings reached 14 cents per share, falling short of analysts' estimates of 15 cents per share.
Revenue for the quarter totaled $114.7 million, missing expectations of $115.6 million.
For the full year, the company reported a profit of $21.6 million, or 41 cents per share, on revenue of $452.3 million.