secwatch.observer — SEC 8-K summary
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Issuer:     Dine Brands Global, Inc. (DIN)
CIK:        0000049754
Form:       8-K
Filed at:   2023-03-01T23:59:59+00:00
Accession:  0001193125-23-055127
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Dine Brands Q4 revenue $208M, adjusted EBITDA $57M; Applebee's comp +1.7%, IHOP +2.0%
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/49754/000119312523055127/0001193125-23-055127-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/49754/000119312523055127/d446470d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-055127

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