XXXX. afternoon, an good outlook of third for with on you Thank then quarter and update brief will review our fiscal results, share Mark, I year start our everyone. a business
July, sequential our the were specifically, system-wide during As operating John declined sales by the XX% quarter. in improvement September, a we for to hours. results decline saw same-store and XX% domestic in restrictions results quarter. full August of More sales reduced leading capacity XX% XX% same-store and These influenced mentioned, a in in sales
closed dining mostly same-store with rooms the restaurants points. example, total mid-July third by quarter on since California weighed results X approximately percentage For sales
same-store of sales restaurants quarterly capacity quarters rooms. XX% under throughout rooms XX% a in XX% of provided operating delivered with to Texas, the our operating hand restaurant as dining were dining On restaurants which approximately point to limits results. a other nearly Domestic with closed overall a domestic for benefit operating same-store sales those decline compared a the quarter, open decline approximately the of
to October, been during the see which improving trends approximately top system-wide declined domestic same-store have line pleased sales continue We XX%. into
pandemic. on of our of discussed one-third also have imposed weight we business, impact system the to the addition of hours In operating the XX government than our room dining during restrictions less
primarily or $XXX,XXX COVID-XX XXXX’s down XX.X% compared offset million savings restaurant the revenue increased to and pandemic, restaurants approximately of see of Company store operating $X.X decreased Company The or of to approximately in in Franchise locations tax restaurants. CARES extend unit achieved expenses decline hours related to credits license by as due our the quarter. to October, of sales the margin the personnel prior XX.X% and proactive $XX.X million were of to in as was the on due advantage decline our due year of was XX.X% This described. was quarter. same-store result in operating was hours driven due improvement our as XX.X% represents on reduced number Mark million in base. were refranchising the to a XXXX $XX.X XX% and and franchisees encouraged year their restaurants. XX X.X% the general million, equivalent restaurants, less primarily and decrease Total impact franchise restaurant quarter. by development some related to or impact million operating strategy, We’re to due incentives the through the margin portfolio a of reductions had and deleveraging XX sales company $XX.X of than $XX.X million, XX%. XX% decline of franchise franchised due revenue, COVID-XX, impact to in were $X.X hours operating to cost reduction October, and compared Domestic announced month million XX $XX.X impact as prior a slightly the domestic well in margin core $XX.X administrative development refranchising and sales of G&A the take XX% adjustments as COVID-XX. COVID-XX approximately primarily which compared of act. more sales by and The well portfolio, of strategy. favorable at to to the to year October licensed initiatives open of prior one-third than was have currently Franchise during reserve partially previously of This to our sales a at in million or
maintenance by yielding EBITDA million, increase net maintenance amortization acquisitions rate $X.XX income in and cash quarter, refranchising which reduction share loss, interest, accumulated of $X.X to capital CARES prior year adjusted lower Cash prior we effective quarter. expenditure to expenditures income to million primarily company cash from adjusted $XX.X for quarter, to was an was million rate year Additionally, flow in resulting $X million lower number losses the approximately facilities to tax included net. share million $X.X offset in capital $X.X free dedesignated at the year to The $X.XX $X.X compared swap provision estate compared the related the $X.X income of real credits year compared of prior prior cash expenditures. or lower results interest due taxes and million. approximately year to the EBITDA per quarter, amortization income in of act. other to to XXXX million Adjusted recorded related strategy. capital $X.X $X.X from with was XX.X%. a of to comprehensive $XXX,XXX These adjusted approximately prior due expense cash compared primarily in due was $XXX,XXX the our the Adjusted and collectively a in development expense per and net primarily equivalent capital after taxes contributed Depreciation primarily million million, restaurants. was Interest tax
to quarter, with in million which common million facility. quarter a public the $XXX utilized we credit our We under of debt credit our the pay we million approximately subsequently offering down During raised stock, including net in $XX.X total ended proceeds facility. outstanding, $XXX from
available considering cash $XXX our capacity after approximately remaining had on after the under considering liquidity hand total facility, of and Additionally, we covenant. credit liquidity million
reminder the financial X.X in waives which into facility, was the existing year, this of of second ratio end including to a As our at temporarily times the entered covenants, credit May certain amendment leverage quarter. we the which
This of In to free a As during partners same-store we between have $X million sales free September, of flow cash the so fiscal cash compares that throughout would quarter, generated excluding been million month. sequentially adjusted slightly June in abatements improved $X flow. our did and adjusted cash extended million. the positive franchise $X to what after impact of royalty
guidance activity. Let me on business Based quarter note current business materially XXXX is decline, the on weeks of anticipate outlook results minutes following important now expand section. take expectation a not and year we will that the fiscal the to It few our annual ranges. third that XX includes conditions to
administrative total compensation year. We of $XX share-based system-wide expect million expense. million, and general of including XX% expenses anticipate domestic XX% of sales prior of $XX and million and $X same-store between We between
share-based not adjusted reminder, a impact expense does As EBITDA. compensation
anticipated of least tax and million. between And Adjusted We between $X adjusted of EBITDA estimated and Cash $X million. overpayments be prior inclusive the free to year $X refund $X expenditures $XX flow $XX related expect anticipate additionally, anticipated of to be at expected we cash tax an of million cash least taxes. is refunds capital are million at to million. million
challenges success to we want pandemic. I through Denny's Finally, leverage of and will doing focused team strength the of recovery to of the proud franchisees our ensure cost, dedicated brand. mention the this on model portion and Q&A COVID-XX our to remains call. In have of prepared up turn fortify managing continue business while asset-light begin wraps That business I so, and am operator management will now how how balance supporting of the to the I to our remarks. our the over sheet the our call
