secwatch.observer — SEC 8-K summary
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Issuer:     Dine Brands Global, Inc. (DIN)
CIK:        0000049754
Form:       8-K
Filed at:   2023-08-03T23:59:59+00:00
Accession:  0001193125-23-202270
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Dine Brands Q2 GAAP EPS $1.16, adjusted EPS $1.82; IHOP comps +2.1%, Applebee's -1.0%
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- GAAP diluted EPS $1.16, down from $1.45; adjusted diluted EPS $1.82, up from $1.65.
- IHOP comps +2.1% (9th consecutive positive quarter); Applebee's comps -1.0%.
- Total revenues H1 2023 $422.2M vs $468.2M; decline due to refranchising 69 Applebee's units.
- Net income $18.2M vs $24.0M; higher G&A and interest expenses offset by higher gross margin.
- Off-premise sales: Applebee's 22.6% ($12,300/wk), IHOP 20.7% ($8,000/wk).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/49754/000119312523202270/0001193125-23-202270-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/49754/000119312523202270/d735560d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-202270

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer