Key Points Denny’s has been struggling to recover after the pandemic, with revenue in Q2 still only at 70% of pre-pandemic levels, strongly underperforming industry peers due to its inability to transition to models alternative to in-person dining; Olvin analysis shows that the American Diner chain has experienced a rapid increase in foot traffic in Q3 and the trend will continue in Q4, giving the company a chance to bring revenue close to pre-pandemic levels; The company’s Q3 2021 earnings could report revenue close or even in excess of Q3 2019, representing a complete recovery from the pandemic.
(PRWeb October 25, 2021)
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