Denny's Off-Premise Business Continues to Fuel Growth
Skift Take
The diner is the latest chain this earnings season to talk up the importance of delivery for their business, as it gradually sells company-owned stores to franchisees.
Denny’s growth strategy remains tied to expanding delivery and refranchising its company-owned stores, even as the latter eats at net sales in the short term.
The company reported first quarter same-store sales growth of 1.3 percent Tuesday, with total sales slipping 2.6 percent to $98.5 million. According to CEO John Miller, the diner’s growing delivery business, however, continues to be incremental, reaching new customers it otherwise wouldn't have.
Denny’s off-premise segment
