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Dine Brands (DIN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
PASADENA, Calif.--(BUSINESS WIRE)--Dine Brands Global, Inc. (NYSE: DIN), the parent company of Applebee's Neighborhood Grill & Bar®, IHOP® and Fuzzy's Taco Shop® restaurants, will announce its second quarter 2024 financial results on August 7, 2024, before the stock market opens. In conjunction with this announcement, Dine Brands will also host a conference call at 9:00 a.m. (Eastern Time) that morning to discuss the Company's financial results and business outlook. A live webcast of the ca.
It's a tale of two markets in the restaurant space right now. Some fast-casual chains, such as Cava Group (NYSE: CAVA ), are soaring to new all-time highs.
Dine Brands continues to perform poorly with the Q1 results, also casting doubt on the reaffirmed 2024 financial guidance. Underneath, there are important fundamental factors driving the weak performance especially for Applebee's and Fuzzy's, and I don't see an improvement in sight. Despite trading at a forward P/E of just 6.1, the valuation isn't attractive due to the underlying operational performance.
PASADENA, Calif.--(BUSINESS WIRE)--Applebee's spirited Star-Spangled Sips are back – and better than ever! Festive, fun, and full of flavor, guests can enjoy the $5 Blue Bahama Mama and $7 All-American Mucho made with premium spirits, along with a $4 Coors Light Brewtus draft beer, and NEW $4 Watermelon Breeze Mocktail*, available for a limited time. Let freedom ring and cool off with the Blue Bahama Mama, a refreshing cocktail featuring Captain Morgan, Malibu Coconut, blue curacao and Applebee.
PASADENA, Calif.--(BUSINESS WIRE)--Applebee's is kicking off summer and taking flavor to the next level with its NEW Hand-Breaded Chicken Sandwiches! Bigger and better than ever, guests can enjoy three savory crispy chicken sandwiches including the NEW Bacon Ranch Crispy Chicken Sandwich, NEW Sweet & Spicy Crispy Chicken Sandwich, and the NEW Bacon Cheddar Crispy Chicken Sandwich – available for a limited time – for dine-in or To Go. But that's not all: Applebee's is making late night, a gr.
Zane Tankel, Apple-Metro Chairman & CEO, joins 'Fast Money' to discuss how rising costs are impacting the restaurant industry.
IRVING, Texas--(BUSINESS WIRE)--Fuzzy's Taco Shop®, the fast-casual+ restaurant brand serving Mexican favorites with a splash of Baja, recently announced the signing of two multi-unit development agreements to mark the brand's expansion throughout Arizona and Texas. The deals will bring 40 new restaurants to market over the next eight years, reinforcing the brand's incredible potential for growth. "Fuzzy's has transformed from a single neighborhood taco shop with a chill vibe in Fort Worth, Tex.
IRVING, Texas--(BUSINESS WIRE)--Sip your way into summer at Fuzzy's Taco Shop with the highly anticipated return of the Bomb-a-'Rita! For a limited time, guests can toast to warmer days with this festive drink available now through July 7, 2024. * The Bomb-a-'Rita features a frozen margarita layered with strawberry puree and blue curacao, and the eye-popping cocktail is garnished with a classic red, white and blue frozen popsicle, which bartenders dunk upside-down into the drink. A fan favorite.
IRVING, Texas--(BUSINESS WIRE)--Fuzzy's Taco Shop today introduced a new limited time lineup of Baja-inspired dishes including the Cali-Style Steak Taco, Cali-Style Steak Burrito, and Birria Queso Fries. Guests are encouraged to try the new lineup by ordering the Cali-Style Steak Taco and a 32-oz soft drink for just $5. Available today through Sunday, June 30th at participating Fuzzy's locations, this menu delivers guests the taste of Baja California at a very chill price. The introduction of t.