earnings
confidence high
sentiment neutral
materiality 0.75
Dine Brands Q4 revenue $208M, adjusted EBITDA $57M; Applebee's comp +1.7%, IHOP +2.0%
Dine Brands Global, Inc.
2022-FY EPS reported
$4.96
revenue$909,402,000
- Total revenues $208.0M in Q4 2022, down from $229.6M in Q4 2021 due to sale of 69 company-operated Applebee's units.
- Consolidated adjusted EBITDA $57.0M vs $60.1M in prior year; company cites lower company restaurant profits.
- Applebee's domestic comp +1.7% YoY; off-premise 23.8% of sales mix (~$11,500 avg weekly sales).
- IHOP domestic comp +2.0% YoY; off-premise 21.7% of sales mix (~$7,700 avg weekly sales).
- Returned over $151M to shareholders and retired $40M of long-term debt; acquired Fuzzy's Taco Shop.