secwatch.observer — SEC 8-K summary
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Issuer:     Dine Brands Global, Inc. (DIN)
CIK:        0000049754
Form:       8-K
Filed at:   2024-05-08T23:59:59+00:00
Accession:  0001193125-24-133758
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Dine Brands Q1 revenue $206.2M, GAAP EPS $1.13; Applebee's comp sales -4.6%, IHOP -1.7%
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/49754/000119312524133758/0001193125-24-133758-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/49754/000119312524133758/d823074d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-133758

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