April, 2021

Denny’s (DENN): Is there hope beyond re-opening?

Share on facebook
Share on twitter
Share on linkedin

Denny’s (DENN): Is there hope beyond re-opening?

We singled out Denny’s as a long-term loser in the restaurant industry nearly 2 years ago, so far our thesis has proven correct.

Regardless of the damage caused by COVID, DENN Purchase Intent Mentions and reported revenues were both in decline prior to the outbreak of the pandemic.

Consumer Demand has yet to show any signs of recovery, trending down -37% YoY on the 90-day moving average, an all-time low.

Re-opening optimism has helped the stock regain the majority of its 2020 losses, but re-opening won’t matter if consumers just aren’t interested.

Stay ahead of wallstreet, take a tour/buy now.

Get a demo at your own pace and see the power of LikeFolio data & insights for yourself.  Let’s do this!

Sign Up For Our Daily Insights

Fill in your name & email to download your complimentary report.