earnings
confidence high
sentiment neutral
materiality 0.60
Dine Brands Q3 revenues up 2% to $233.2M; Applebee's comp +3.8%, IHOP +1.9%
Dine Brands Global, Inc.
2022-Q3 EPS reported
$4.22
revenue$701,437,000
- Total revenues $233.2M vs $228.7M in Q3 2021; GAAP EPS $1.32 vs $1.33; adjusted EPS $1.66 vs $1.55.
- Applebee's comp sales +3.8% YoY; off-premise 24.2% of sales (~$12,800/week/restaurant).
- IHOP comp sales +1.9% YoY; off-premise 20.4% of sales (~$7,700/week/restaurant).
- Consolidated adjusted EBITDA $63.6M, slightly ahead of $63.3M in Q3 2021.
- G&A expenses $46.3M vs $43.7M; company narrowed 2022 EBITDA and G&A guidance.