Denny's Corporation (DENN)

In the past six months, Denny's Corp. (DENN) stock has trended up by 50%. A major event was the announcement on November 3, 2025, that Denny's Corporation agreed to be acquired for approximately $620 million in an all-cash transaction. The deal, with TriArtisan Capital Advisors, Treville Capital, and Yadav Enterprises, offered stockholders $6.25 per share, representing a 52.1% premium. Following this announcement, Denny's faced lawsuits from shareholders alleging that the company's proxy statement was "false and misleading." Prior to the buyout, in September 2025, the chain also faced pressure from activist investor JCP Investment Management.

Denny's addresses demand seasonality through various strategies. Denny's frequently introduces Limited-Time Offers (LTOs) and seasonal promotions, often aligning with holidays or current food trends. The company also focuses on value propositions, as highlighted by the success of promotions like "Buy One Slam Get One for $1" (BOGO). Denny's menu is designed to cater to a broad demographic, including families, travelers, and late-night diners, with offerings available around the clock at most locations.

Denny's Corporation is an American multi-brand restaurant operator known for its Denny's brand, a casual dining staple. Founded in 1953, it has grown into one of the largest full-service family restaurant chains in the United States. Denny's operates under the Retail-Wholesale sector, specifically in the Retail - Eating Places and Restaurants industry. Denny's operates restaurants under the Denny's and Keke's Breakfast Cafe brand names, offering a diverse menu for breakfast, lunch, dinner, and late-night dining.

Denny's Corporation operates over 1,400 restaurants in the United States, Canada, Mexico, Puerto Rico, and other international locations. As of late 2023, there were 1,602 Denny's restaurants globally, with 1,445 in the United States. The U.S. states with the highest concentration of Denny's restaurants are California, Texas, and Florida. Internationally, Denny's has a presence in Canada, Mexico, Puerto Rico, the Philippines, New Zealand, Honduras, the UAE, Guatemala, Costa Rica, Guam, El Salvador, Indonesia, Curaçao, and the United Kingdom.

In the past year, Denny's brand reputation has been influenced by its animal welfare commitments. The Humane Society of the United States has been actively advocating for improved animal treatment, particularly regarding pigs and the elimination of gestation crates. In 2024, the Humane Society filed a shareholder proposal requesting that Denny's reinstate its deadline to eliminate gestation crates from its supply chain.

Denny's Corp. (DENN) has a mixed ownership structure, with institutional investors holding the largest portion, approximately 85.07% to 87.25% of the company's stock. Major institutional owners include Allspring Global Investments Holdings, LLC, Bank Of America Corp /de/, BlackRock, Inc., Boston Partners, The Vanguard Group Inc, Jane Street Group, Llc, First Eagle Investment Management, LLC, and State Street Corp. Individual insiders hold a modest aggregate stake, with approximately 3.96% to 11.69% of the company's stock. Ore Hill Hub Fund Ltd is noted as the largest individual Denny's shareholder.