Denny's announces Q3 adjusted earnings per share of 8 cents, below consensus estimate of 10 cents.
Q3 Revenue Performance: The company reported Q3 revenue of $113.2 million, falling short of the consensus estimate of $116.27 million.
CEO's Statement on Strategic Initiatives: CEO Kelli Valade highlighted the company's agility and focus on strategic initiatives despite industry challenges, crediting the commitment of teams and franchisees.
Brand Evolution and Digital Presence: Denny's is enhancing its value offerings and digital presence, including a movie collaboration and a new loyalty program to strengthen brand relevance.
Keke's Growth and Guest Satisfaction: Keke's is experiencing portfolio growth and high guest satisfaction, maintaining its leadership in the rapidly growing segment while collaborating closely with franchisees.
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