Tuesday February 23, 2021, 18:12:00
Dine Brands plans to release its Q4 2020 earnings before the market open on Tuesday, March 2nd. How do DIN shares tend to trade heading into earnings, and on the day of an earnings release?
Monday February 22, 2021, 16:41:00
Dine Brands plans to release its Q4 2020 earnings before the market open on Tuesday, March 2nd. As regards Q4E, we retain our IHOP U.S. same-store sales forecast of -30.0%, but we reduce our Applebee’s U.S. same-store sales projection by -200 basis points, to -7.5%. Dine Brands has previously announced that for the first four weeks of Q4E, IHOP’s same-store sales declined by -24.0%, while Applebee’s same-store sales decreased by -1.9%. Our updated Q4E projections incorporate implicit same-store sales assumptions for the remaining weeks of that quarter of -10% (or so) for Applebee’s and -33% (or so) for IHOP. As a result of all this, our Q4E EPS projection goes down by -2 cents, to $0.68. Our full-year 2020E EPS estimate also goes down by -2 cents (to $2.06).
Monday December 14, 2020, 00:00:00
About six months ago, we published a report examining market-share opportunities within the family dining sector. In this report, we update our numbers. One of the important changes is that we now look for 10%-25% of the family dining restaurants in the U.S. that were in operation as of the start of 2020 to be closed permanently by the end of March 2021. (Previously, we were looking for 5%-10% of family dining restaurants to be closed permanently by the end of December 2020.) Keep in mind that we expect these closures to be heavily weighted toward independents/momand-pops and, to a somewhat lesser degree, smaller (privately-held in nearly all cases) restaurant chains.
Wednesday September 18, 2024
Wednesday September 11, 2024
Wednesday September 18, 2024
Wednesday September 11, 2024