Dine Brands Q3 Earnings Surprise Amid Weak Applebee's And IHOP Sales; Q4 Strategy In Focus [Yahoo! Finance]
Dine Brands Global, Inc. (DIN)
Last dine brands global, inc. earnings: 4/29 08:00 am
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investors.dineequity.com/news-releases
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Source: Yahoo! Finance
The company reported third-quarter adjusted earnings per share of $1.44, beating the analyst consensus of $1.34. Quarterly sales of $195.034 million (down 3.7%) missed the street view of $198.563 million. The decrease was primarily due to the negative comparable same-restaurant sales growth at Applebee's and IHOP. Applebee's year-over-year domestic comparable same-restaurant sales declined 5.9% for the third quarter. IHOP's year-over-year domestic comparable same-restaurant sales declined 2.1% for the quarter. “For the fourth quarter, we are enhancing our value proposition for guests and remain focused on executing our plans across our brands,” said John Peyton, chief executive officer, Dine Brands Global. Also Read: S&P 500, Dow Hit Record Highs After Trump Win; Fear Index Drops 20% Consolidated adjusted EBITDA for the third quarter was $61.9 million compared to $60.6 million in the year-ago period. Total cash and equivalents and restricted cash of approximately $235.1 mil
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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