Tuesday, April 27, 2010

The triple play at Denny's...

I'm not sure if anyone is really following the Denny's activist situation but I found this quite interesting:

In the 2005 Annual Report, Denny's says "Our future success will be drive by increasing guest counts and capitalizing on the significant capacity for sales growth within our restaurants."

The results*?

Of course, when executives failed to meet the company's own criteria for success that didn't stop them from raking in a ton of compensation.

The situation is worth following if you're into these sorts of things.

* Source