Earnings Call Summary | Denny's(DENN.US) Q1 2024 Earnings Conference
Earnings Call Summary | Denny's(DENN.US) Q1 2024 Earnings Conference
The following is a summary of the Denny's Corporation (DENN) Q1 2024 Earnings Call Transcript:
以下是丹尼公司(DENN)2024年第一季度業績電話會議記錄的摘要:
Financial Performance:
財務業績:
Denny's Q1 domestic system-wide same restaurant sales were down by 1.3%, however, still stood at a positive two-year comp of 7.1%.
Both franchise and licensing revenue and company restaurant sales declined in the current year quarter, amounting to $57.6 million and $52.3 million respectively.
There was a decreased adjusted net income per share at $0.11, a decrease from the prior year's $0.13.
Denny's foresee opening 40-50 new restaurants in 2024 but also a net decline of 10-20 restaurants.
Projected inflation rates for commodity and labor are expected to be between 0-2% and 4-5% respectively for the year 2024. Adjusted EBITDA projection is $87-91 million.
丹尼第一季度國內全系統同類餐廳的銷售額下降了1.3%,但兩年來仍保持正增長,爲7.1%。
特許經營和許可收入以及公司餐廳銷售額在本年度季度均有所下降,分別爲5,760萬美元和5,230萬美元。
調整後的每股淨收益下降至0.11美元,低於去年的0.13美元。
丹尼預計,2024年將開設40-50家新餐廳,但也將淨減少10-20家餐廳。
預計2024年大宗商品和勞動力的通貨膨脹率將分別在0-2%和4-5%之間。調整後的息稅折舊攤銷前利潤預計爲8700萬至9,100萬美元。
Business Progress:
業務進展:
Denny's has shown progress in dine-in sales and aims to continue building its off-premise sales channels.
An expansion of their third virtual brand concept, Banda Burrito, is planned for over 200 locations.
Through partnerships, Denny's made progress with tech solutions launching a cloud-based POS platform, as part of their CRAVE strategic framework.
The company plans a system-wide alcoholic beverage rollout in Q2 and is looking forward to expansion of Keke's Breakfast Café concept.
Denny's is set to reignite their remodel program matching pre-pandemic levels, with a focus on traffic results.
The company plans to open three more cafes this quarter and forecasts decent sales from them.
With an array of sales driving initiatives and plans for a new, innovative menu, Denny's foresees a domestic system-wide same restaurant sales guidance increase between zero and 3% compared to 2023.
Denny's在堂食銷售方面取得了進展,目標是繼續建立其場外銷售渠道。
他們的第三個虛擬品牌概念Banda Burrito計劃在200多個地點進行擴展。
通過合作,Denny's在推出基於雲的POS平台的技術解決方案方面取得了進展,這是其CRAVE戰略框架的一部分。
該公司計劃在第二季度在全系統範圍內推出酒精飲料,並期待擴大Keke的早餐咖啡館概念。
Denny's將重啓與疫情前水平相匹配的改造計劃,重點是交通結果。
該公司計劃在本季度再開設三家咖啡館,並預計它們的銷售額將不錯。
通過一系列推動銷售的舉措和新的創新菜單的計劃,Denny's預計,與2023年相比,國內全系統的相同餐廳銷售預期將增長零至3%。
More details: Denny's IR
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譯文內容由第三人軟體翻譯。