Denny's Corporation Reports Results for Fourth Quarter and Full Year ...
https://www.cnbc.com/.../globe-newswire-dennyas-corporation-reports-results-for-fou...
Feb 13, 2018 - Franchise Operating Margin* was $25.4 million, or 72.1% of franchise and license revenue, compared to $25.2 million, or 72.1%, in the prior year quarter, as growth in royalty revenue and initial fees from restaurant openings were partially offset by other direct costs and a reduction in occupancy margin.