This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Denny's, Bob Evans, P.F. Chang's: Who Served Up the Best Quarter?

SPARTANBURG, S.C. ( TheStreet) -- Denny's (DENN - Get Report) and Bob Evans (BOBE - Get Report) shares fell sharply Wednesday while P.F. Chang's China Bistro (PFCB) gained following mixed earnings results from the trio of restaurant operators.

Denny's and Bob Evans missed profit expectations. P.F. Chang's posted weaker-than-expected revenue but topped earnings expectations and increased its dividend .

Denny's posted an 84.9% drop in fourth-quarter earnings to $2.7 million, or 3 cents per share, down from a year-earlier profit of $17.9 million, or 18 cents per share.

Revenue fell 3.3% to $135.9 million.

Analysts had expected the casual dining chain to earn 8 cents per share, on revenue of $142.9 million.

Denny's attributed its weakened results to higher costs , and said poor weather across the U.S. accounted for a decline in same-store customer counts.

Denny's said operating margins fell to 12.3% last quarter on rising overhead costs.

Comparable same-store sales -- or sales at stores open at least one year, a closely watched metric in the restaurant industry -- fell 1.6% at company-owned stores and 1.4% at franchised locations.
1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
BOBE $46.18 0.00%
DENN $9.91 0.00%
K $77.44 0.00%
PNRA $214.58 0.00%
AAPL $93.64 0.00%


Chart of I:DJI
DOW 17,891.16 +117.52 0.66%
S&P 500 2,081.43 +16.13 0.78%
NASDAQ 4,817.5940 +42.2360 0.88%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs