Sales: 3Q-2007 3Q-2006 YTD-2007 YTD-2006
----------------------------------- ------- ------- -------- --------
Same-Store Sales 1.3% 4.2% 0.7% 2.8%
Guest Check Average 6.0% 3.7% 4.1% 5.2%
Guest Counts (4.5%) 0.6% (3.2%) (2.2%)
Nelson Marchioli, President and Chief Executive Officer, stated, "Through proactive management of our menu and our promotions, Denny's delivered positive same-store sales in the third quarter despite facing strong comparable sales in the prior year. We are managing our business with the goal of maximizing profit in a challenging revenue and cost environment. In addition, we continue to successfully execute on our strategic initiatives directed at product innovation and system expansion."
Denny's ended the quarter with 468 company restaurants and 1,071 franchised and licensed restaurants. During the third quarter, Denny's opened two new company restaurants, closed none and sold 22 company restaurants to franchisee operators. In addition, franchisees opened two new restaurants, closed four and purchased 22 company restaurants.
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