DIN Stock Recent News
DIN LATEST HEADLINES
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 third quarter 2023 financial results on November 1, 2023, 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 c.
The pancake chain has been branching out into different menu categories, such as burritos and savory crepes.
The company's revenue decreased by 12.4% YoY while operating margin increased to 23.9%. The company's restaurants have experienced a slight decrease in traffic due to macro headwinds, but the average check remains stable. A recovery in real consumer incomes could boost traffic, while multiples valuation still looks attractive in my opinion.
Dine Brands (DIN) came out with quarterly earnings of $1.82 per share, beating the Zacks Consensus Estimate of $1.53 per share. This compares to earnings of $1.65 per share a year ago.
Dine Brands is the parent company of Applebee's, International House of Pancakes ('IHOP') and Fuzzy's Taco Shop restaurants. Debt has been one of the most concerning risks for the company, given the sensitivity to economic conditions and discretionary spending.
Dine Brands CEO John Peyton joins 'Squawk Box' to discuss the company's quarterly earnings results, Q2 outlook, and how inflation has changed consumer dining habits.
While the top- and bottom-line numbers for Dine Brands (DIN) give a sense of how the business performed in the quarter ended March 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
The owner of Applebee's and iHop reported first-quarter adjusted earnings of $1.97 a share on revenue of $214 million.
IHOP is bringing back old favorites and unveiling new items as part of a menu overhaul.
Dine Brands CEO John Peyton joins Yahoo Finance Live anchors Dave Briggs and Brian Sozzi to discuss the restaurant industry and how consumers are dining since the pandemic began.