Revitalization efforts paid off for Denny’s in 2015

Reports Denny's same-store sales growth in 2015, attributing success to brand revitalization strategies and restaurant remodels.

Read the original at 1851 Franchise
Revitalization efforts paid off for Denny’s in 2015

TL;DR

Denny's reported a 5.8 percent increase in system-wide domestic same-store sales growth in 2015, attributing the success to brand revitalization strategies and restaurant remodels. The company aims to remodel 70 percent of its locations by 2018 with a new design and menus.

The Spartanburg, South Carolina-based company reported that their system-wide domestic comparisons rose 5.8 percent, which includes growth of 5.7 percent for domestic franchised units and 6.5 percent for domestic company restaurants. This was the fifth consecutive year of positive annual same-store sales growth.

John Miller, Denny’s president and CEO, credited the family-dining chain’s brand revitalization strategies—which included improving food, service and atmosphere—for the continued success. According to Miller, nearly 32 percent of Denny’s 1,710 restaurants have been remodeled with the new “Heritage” design. The ultimate goal of the campaign is to remodel 70 percent of the chain’s locations by 2018, with all-new, locally0inspired design and diner menus.

“Going forward, we remain focused on continuing the transformation of the Denny’s brand,” Miller said. “This will be achieved by consistently growing same-store sales, expanding our global reach and an increasing royalty rate, supported by further investments to grow and strengthen the Denny’s brand and returning cash to shareholders through our ongoing share repurchase program.”

For the year, 45 restaurants opened, including eight internationally. Thirty-seven locations closed, including 35 that were franchised or licensed.

In this story

This story was originally published in 1851 Franchise on January 13, 2016. Burnaze summarizes and links to the original reporting.

Read the full story at 1851 Franchise

Liked this? Get the week's franchise news, explained

  • Sunday 8 AM ET weekly + a monthly deep dive
  • Sections picked for the industries you follow
  • Every claim linked to its source. Free.

Free. We'll ask you to confirm. Unsubscribe anytime.