Dine Brands Q4 GAAP EPS $2.14 vs $0.72; IHOP comp +1.6%, Applebee's -0.5%

Dine Brands Global, Inc.

2023-FY EPS reported $6.22 revenue$831,068,000

Q4 2023 GAAP diluted EPS of $2.14, up from $0.72; adjusted diluted EPS $1.40 vs $1.34.
Total revenues $206.3M, down from $208.0M; Applebee's comp sales -0.5%, IHOP +1.6%.
G&A expenses fell to $50.5M from $58.8M, aided by refranchising and lower costs.
Net income increase driven by state tax audit settlement, lower G&A, and share repurchases.
CEO says exceeded EBITDA guidance; company strengthened balance sheet and returned capital.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Dine Brands Global, Inc. reported financial results for fourth quarter and fiscal year 2023.

Period: fourth quarter and fiscal year 2023
Result: reported results

Exact text from the filing

On February 28, 2024, Dine Brands Global, Inc., a Delaware corporation (the “Corporation”), issued a press release announcing its fourth quarter and fiscal year 2023 financial results.

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Dine Brands Global, Inc. filing history →

Source: SEC EDGAR

accession 0001193125-24-049115

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