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Story summary
- Denny's, the restaurant chain, is nearing completion of a plan to close more than 150 underperforming locations to bolster stability.
- The company reported a 2.9% decline in same-store sales in the third quarter and closed 88 locations in 2024.
- The company plans to open new restaurants to support future growth.
- Denny's announced a $620 million acquisition unrelated to the closures, and the sale will close in 2026 pending regulatory approval.
