SPARTANBURG, S.C. (AP) — SPARTANBURG, S.C. (AP) — Denny’s Corp. (DENN) on Monday reported first-quarter profit of $326,000.
The Spartanburg, South Carolina-based company said it had profit of 1 cent per share. Earnings, adjusted for non-recurring costs, came to 8 cents per share.
The results matched Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was also for earnings of 8 cents per share.
The restaurant operator posted revenue of $111.6 million in the period, surpassing Street forecasts. Five analysts surveyed by Zacks expected $109.9 million.
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