Wednesday February 28, 2024, 10:11:37
By Mark Kalinowski
Earlier today (Wednesday), Dine Brands reported Q4 adjusted EPS of $1.40. This was above our $1.20 forecast and sell-side consensus (according to Consensus Metrix) of $1.14. Fourth-quarter adjusted EBITDA reached $62.2 million was better than consensus of $55.5 million.
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Monday January 29, 2024, 07:25:00
By Mark Kalinowski
We believe that January has proven a tough month as regards same-store sales for a wide swath of the restaurant industry, including the casual dining and family dining segments. Based on our conversations with industry contacts, bad weather – lapping a mild winter from one year ago – clearly seems to be the #1 reason behind the challenged January sales trends. As of today, it’s possible that February could prove to be similarly challenged.
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Wednesday January 3, 2024, 07:00:00
By Mark Kalinowski
Dine Brands – the owner and franchisor of the IHOP family-dining concept and the Applebee’s casual-dining concept — tentatively plans to release its Q4 2023 earnings before the market open on Wednesday, February 28, 2024.
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