Casual Restaurant Bankruptcies Accelerate as Customers Retreat [Yahoo! Finance Canada]
Dine Brands Global, Inc. (DIN)
Last dine brands global, inc. earnings: 4/29 08:00 am
Check Earnings Report
US:NYSE Investor Relations:
investors.dineequity.com/news-releases
Company Research
Source: Yahoo! Finance Canada
(Bloomberg) -- When TGI Friday's Inc. filed for bankruptcy last month, the casual dining chain blamed declining sales and shrinking revenue as strained customers pulled back from spending. Most Read from Bloomberg The nearly 60-year-old eatery is one of more than a dozen large restaurants or franchisees to seek court protection from creditors from January through October, according to BankruptcyData. That's the most through that date since 2020. Next year could see more strife as restaurant prices have surged thanks to rising labor costs, supply chain disruptions and higher interest expenses, weighing on consumer demand for dining out. Restaurant prices increased about 44% from 2015 to March 2024, according to data firm Black Box Intelligence, compared to a 26% increase for grocery items over the same period. “It's really hard for somebody to go to a restaurant at the same pace as we did before,” Victor Fernandez, vice president of insights at Black Box Intelligence, said. “T
Show less
Read more
Impact Snapshot
Event Time:
DIN
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
DIN alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
DIN alerts
High impacting Dine Brands Global, Inc. news events
Weekly update
A roundup of the hottest topics
DIN
News
- Casual Restaurant Bankruptcies Accelerate as Customers Retreat [Yahoo! Finance]Yahoo! Finance
- Dine Brands Global (NYSE:DIN) investors are sitting on a loss of 51% if they invested five years ago [Yahoo! Finance]Yahoo! Finance
- Q3 Earnings Highlights: Dine Brands (NYSE:DIN) Vs The Rest Of The Sit-Down Dining Stocks [Yahoo! Finance]Yahoo! Finance
- Dine Brands Global, Inc. Announces Fourth Quarter 2024 Dividend [Yahoo! Finance]Yahoo! Finance
- Dine Brands Global, Inc. Announces Fourth Quarter 2024 DividendBusiness Wire
DIN
Earnings
- 11/6/24 - Beat
DIN
Sec Filings
- 11/22/24 - Form 8-K
- 11/15/24 - Form SCHEDULE
- 11/12/24 - Form SC
- DIN's page on the SEC website