earnings
confidence high
sentiment negative
materiality 0.65
Dine Brands Q1 revenue $206.2M, GAAP EPS $1.13; Applebee's comp sales -4.6%, IHOP -1.7%
Dine Brands Global, Inc.
2024-Q1 EPS reported
$1.13
revenue$206,235,000
- Total revenues $206.2M, down from $213.8M YoY; GAAP net income $17.0M ($1.13 diluted EPS) vs $26.7M ($1.74) last year.
- Adjusted EPS $1.33 vs $1.97 in Q1 2023; adjusted EBITDA $60.8M vs $66.4M.
- Domestic comparable sales: Applebee's -4.6%, IHOP -1.7%; off-premise mix declined at both chains.
- CEO notes pressure from value-seeking guests; co. confident in full-year outlook despite slow start.