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Author’s Note

This article is based on corporate postings and accredited media reports. Linked information within this article is attributed to the following outlets: ScrapeHero.com and TimeOut.com.

Introduction

150 Denny's restaurants nationwide will be permanently closing by the end of next year, with 50 of those locations set to cease business by the end of 2024.

For perspective, per ScrapeHero.com’s most recently-updated location count of the chain’s U.S. restaurants: There are 1,530 Dennys restaurants in the United States as of May 01, 2024. The state and territory with the most number of Dennys locations in the US is California, with 389 restaurants, which is about 25% of all Dennys restaurants in the US.

Let us explore.

Denny’s, 2024

According to an October 24th report from TimeOut.com, the specific Denny’s restaurants set to close have yet to be publicly announced by the company, but are expected to impact Florida, California, Arizona and Texas, states which collectively house the majority of company locations.

As excerpted from the report: On an earnings call, the company announced that it is targeting underperforming locations in an effort to slim down its portfolio as it prepares for growth. The company’s shares dropped over the last quarter, and stock is down 50% over the last financial year.

The company was founded in Lakewood, California in 1953.

Conclusion

In the event of pertinent updates to this matter, inclusive of official announcements of milestone dates and specific closing locations, I will share them here on NewsBreak.

Thank you for reading.