Denny's Launched Project Grand Slam Turnaround Plan
The restaurant chain introduced a modernization initiative aimed at boosting sales following a corporate acquisition.
Updated on Sept. 23, 2026 in Dining Out

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In April 2026, Denny's launched Project Grand Slam to modernize its operations and menu following its November 2025 purchase by private investors. The initiative includes a company-wide catering expansion designed to address sluggish sales across its national footprint.
Why it matters
The company transitioned to private ownership to prioritize long-term operational improvements over short-term shareholder return pressures. This strategy seeks to modernize digital channels and store operations to revitalize the brand's performance.
Denny's reported $1.5 million in 2025 catering sales, while targeting an increase in average unit volume from $2 million to $2.5 million. The brand is competing against a $150 million combined catering revenue benchmark set by rivals Cracker Barrel and IHOP.
The players
Denny's
This American diner-style restaurant chain operates locations nationwide and recently transitioned to private ownership.
TriArtisan Capital
This investment firm is part of the ownership group that acquired the restaurant chain in late 2025.
ezCater
This online catering marketplace platform is partnering with the restaurant chain to facilitate its business expansion.
Cracker Barrel
This national chain operates as a primary competitor in the breakfast-focused dining sector.
IHOP
This restaurant brand competes directly with other chains in the breakfast market and reports significant catering figures.
The details
The chain is leveraging a partnership with ezCater, staff webinars, and updated packaging to roll out its catering services across an initial 400 stores. Additionally, franchisees are managing renovation timelines that range from two to ten years.
Timeline
2024: Denny's initially partnered with ezCater to launch catering services.
November 2025: TriArtisan Capital, Treville Capital Group, and Yadav Enterprises purchased the chain.
April 2026: Denny's announced the Project Grand Slam initiative.
September 2026: Details regarding the turnaround strategy were published.
Roadmap
This modernization effort reflects a broader industry shift where legacy restaurant brands utilize private equity ownership to fund deep operational pivots. These long-term restructuring efforts aim to close the unit volume gap against aggressive competitors in the breakfast daypart.
Customers can expect changes to store menus and digital ordering experiences as the chain executes its multi-year renovation plan. These updates may alter the availability of breakfast catering options for local business meetings and events.
The takeaway
The chain's move to private ownership emphasizes a focus on restructuring internal operations to remain competitive in a crowded breakfast market. Implementing a robust catering infrastructure serves as a primary strategy to drive growth outside of traditional in-store dining.
Further reading
Learn more about the latest industry trends by visiting the Dining Out section.
Source note: This article includes information reported by Restaurant Dive.
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