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Article: Denny's Reports Fourth Quarter and Full-Year 2007 Same-Store Sales.(Financial report)
- Article from:
- Business Wire
- Article date:
- January 10, 2008
CopyrightCOPYRIGHT 2008 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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* Same-Store Sales Positive for Full-Year 2007
* Debt Reduced By More Than $100 Million in 2007
* 130 Company Restaurants Sold to Franchisees in 2007
SPARTANBURG, S.C. -- Denny's Corporation (NASDAQ:DENN) today reported same-store sales for its company-owned and franchised restaurants during the quarter and year ended December 26, 2007 compared with the related periods in fiscal year 2006.
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During the fourth quarter, Denny's opened two new company restaurants, closed two and sold 74 company restaurants to franchisee operators. Also during the fourth quarter, franchisees opened eleven new restaurants, closed four ...