Denny's CORP
Market Movers (8-K)
DENN
Denny's CORPDenny's Corporation announced the completion of its acquisition by TriArtisan Capital Advisors, Treville Capital Group, and Yadav Enterprises, with shareholders receiving $6.25 per share in cash.
Capital raise
DENN
Denny's CORPDenny's Corporation stockholders have approved the previously announced merger agreement with Sparkle Topco Corp. at a special meeting held on January 13, 2026.
DENN
Denny's CORPDenny's Corporation files a supplement to its merger proxy statement to address shareholder lawsuits and demand letters alleging inadequate disclosures regarding the proposed acquisition by TriArtisan Capital Advisors LLC.
Delay expected
Worse than expected
DENN
Denny's CORPDenny's Corporation announced its acquisition by a TriArtisan Capital Advisors-led group for $6.25 per share in cash, valuing the company at approximately $620 million.
Better than expected
Capital raise
DENN
Denny's CORPDenny's Corporation reports mixed Q3 2025 financial results and announces a definitive agreement to be acquired by a consortium led by TriArtisan Capital Advisors.
Worse than expected
DENN
Denny's CORPDenny's Corporation has amended its credit facility, reducing its capacity to $325 million, extending the maturity date to January 29, 2027, and prohibiting future dividends and share repurchases.
Capital raise
Worse than expected
Quarterly Earnings (10-Q)
DENN
Denny's CORPDenny's Corporation reported a significant drop in Q3 net income and EPS, impacted by merger-related debt issuance costs and a restrictive credit facility amendment, despite growth in company restaurant sales.
Worse than expected
DENN
Denny's CORPDenny's Corporation reported a significant decline in net income for the second quarter and year-to-date periods ended June 25, 2025, driven by increased operating costs and higher interest expenses, despite a slight increase in total revenue.
Worse than expected
DENN
Denny's CORPDenny's Corporation's Q1 2025 shows a slight revenue increase but a significant drop in net income compared to the same period last year.
Worse than expected
DENN
Denny's CORPDenny's Corporation's third quarter 2024 results show a decrease in revenue and net income compared to the same period last year, with challenges in same-store sales and increased operating costs.
Worse than expected
DENN
Denny's CORP10-Q: Denny's Corporation Reports Mixed Results in Second Quarter 2024 Amidst Sales and Cost Pressures
Denny's Corporation's second quarter 2024 results show a decrease in same-store sales and increased operating costs, impacting overall profitability despite some gains in franchise operations.
Worse than expected
DENN
Denny's CORPDenny's Corporation's first quarter of 2024 saw a decrease in revenue and an increase in costs, impacting overall profitability despite some positive adjustments.
Worse than expected
Annual Reports (10-K)
DENN
Denny's CORP10-K: Denny's Corporation Reports Mixed Results in 2024 10-K Filing; Strategic Closures Planned for 2025
Denny's Corporation's 2024 10-K filing reveals a mixed financial performance, with strategic restaurant closures planned for 2025 amidst ongoing efforts to manage costs and expand its franchise model.
Worse than expected
DENN
Denny's CORPDenny's Corporation's 2023 annual report details financial performance, strategic initiatives, and brand developments across its Denny's and Keke's segments.
Worse than expected
Insider Trading (Form 4)
DENN
Denny's CORPDenny's Corporation Director Jose M Gutierrez sold all common stock and converted deferred stock units into cash following the company's merger at $6.25 per share.
DENN
Denny's CORPDenny's Director Mark R. Vondrasek converted all common stock and deferred stock units into cash following the company's merger.
DENN
Denny's CORPDenny's President and COO, Christopher D. Bode, reported the sale of common stock and conversion of equity awards following the company's merger into a wholly-owned subsidiary of Sparkle Topco Corp. at $6.25 per share.
DENN
Denny's CORPDenny's EVP and CFO Robert P. Verostek converted all equity holdings into cash following the company's acquisition by Sparkle Topco Corp. at $6.25 per share.
DENN
Denny's CORPDenny's Corporation's President of Keke's, David Peter Schmidt, converted common stock and equity awards into cash at $6.25 per share following the merger with Sparkle Acquisition Corp.
DENN
Denny's CORPDenny's Corporation's SVP and Chief Technology Officer, Le Minh, converted all common stock, restricted stock units, and performance-based restricted stock units into cash at $6.25 per share following the company's merger.
Proxy Statements (Def-14A)
DENN
Denny's CORPDenny's Corporation has filed a supplement to its definitive proxy statement regarding its merger with Sparkle Topco Corp. in response to shareholder lawsuits alleging misleading disclosures.
Delay expected
Worse than expected
Capital raise
DENN
Denny's CORPDennys Corporation's board unanimously recommends stockholders approve a $6.25 per share all-cash merger with Sparkle Topco Corp., a private equity firm.
Better than expected
Capital raise
DENN
Denny's CORPDennys Corporation announced its agreement to be acquired by Sparkle Topco Corp., controlled by TriArtisan Capital Advisors LLC, with the transaction expected to close in Q1 2026.
DENN
Denny's CORPDenny's Corporation announced its agreement to be acquired by a consortium led by TriArtisan Capital Advisors, with the transaction expected to close in Q1 2026.
DENN
Denny's CORPDenny's Corporation announced its definitive agreement to be acquired by a consortium led by TriArtisan Capital Advisors in an all-cash transaction valued at approximately $620 million.
Better than expected
DENN
Denny's CORPDenny's Corporation has entered into an agreement to be acquired by Sparkle Topco Corp., controlled by funds managed by affiliates of TriArtisan Capital Advisors LLC, with the transaction expected to close in Q1 2026.
Schedule 13D - Activist Investments
DENN
Denny's CORPSCHEDULE: Jumana Capital Exits Denny's Stake
Jumana Capital Investments LLC and Christopher Martin have fully divested their beneficial ownership in Denny's Corp, selling over 4.5 million shares and closing out call options.
Worse than expected
DENN
Denny's CORPAn activist investor group, including JCP Investment Management and Jumana Capital, has formally dissolved, with Jumana Capital and Christopher Martin continuing to report a significant 8.9% stake in Denny's Corp.
DENN
Denny's CORPA group of activist investors, JCP and Jumana Capital, have disclosed a 9.4% stake in Denny's Corp, citing undervaluation and plans to engage management for shareholder value.
Worse than expected
Schedule 13G - Passive Investments
DENN
Denny's CORPManaged Account Advisors LLC has reported a 0.0% beneficial ownership in Denny's Corp, indicating a significant reduction or full divestment of its previously held stake.
Worse than expected
DENN
Denny's CORPBoston Partners has filed an amended Schedule 13G, disclosing a 0.15% beneficial ownership stake in Denny's Corp common stock as of December 31, 2025.
DENN
Denny's CORPAllspring Global Investments Holdings, LLC has filed an amendment to its Schedule 13G for Denny's Corp, reporting a beneficial ownership of 0.0% of common stock.
DENN
Denny's CORPGlazer Capital, LLC and Paul J. Glazer have reported a beneficial ownership of 7.38% in Denny's Corp, totaling 3.8 million shares.
DENN
Denny's CORPAllspring Global Investments Holdings, LLC has filed an Amendment No. 8 to Schedule 13G, disclosing a continued beneficial ownership of 8.9% in Denny's Corp.
DENN
Denny's CORPAllspring Global Investments Holdings, LLC reported an increased beneficial ownership of 14.6% in Denny's Corp common stock as of September 30, 2025.