Benzinga | Jan 10, 2022 09:25AM EST

Denny's Reiterates FY21 Guidance; Sees Adj. EBITDA $84M-$86M

Business Outlook

Based on preliminary results, Denny's is reiterating its full year 2021 guidance expectations provided with the Company's third quarter 2021 results, which were announced on November 2, 2021:

* Total general and administrative expenses between $67 million and $69 million, including approximately $13.5 million related to share-based compensation.

* Adjusted EBITDA* between $84 and $86 million.

Denny's expects to release financial and operating results for its fourth quarter and fiscal year ended December 29, 2021, along with annual guidance for 2022, after the market closes on Tuesday, February 15, 2022.

(NASDAQ:DENN)