PHOENIX--(BUSINESS WIRE)--The International Franchise Association (IFA) named two Dine Brands Franchisees as 2023 Franchisees of the Year. Susan Mendenhall, an IHOP Franchisee, and Marc Rogers, a Fuzzy’s Taco Shop Franchisee, were honored at the 64th IFA Annual Convention in Phoenix, Ariz., for being an outstanding franchise establishment owner-operator. “Franchisees of the Year exemplify what franchising is all about – providing opportunity, serving others, and fulfilling the American Dream,” said Matth ...

Dine Brands Global, Inc. (DIN) reported fourth-quarter fiscal 2023 results, wherein earnings surpassed the Zacks Consensus Estimate, while revenues were in line.Adjusted earnings per share (EPS) were $1.40 per share, beating the consensus estimate of $1.12. In the prior-year quarter, the company reported EPS of $1.34. The rise primarily stemmed from a boost in segment profit, a reduction in general and administrative expenses and a decrease in the number of weighted-average diluted shares due to share buyba ...

Dine Brands Global, Inc. (NYSE:DIN) Q4 2023 Results Conference Call February 28, 2024 9:00 AM ET Company Participants Matthew Lee - Senior Vice President of Finance and Investor Relations John Peyton - Chief Executive Officer Vance Chang - Chief Financial Officer Tony Moralejo - President, Applebee’s Neighborhood Grill & Bar Jay Johns - President of IHOP Conference Call Participants Jeffrey Bernstein - Barclays Dennis Geiger - UBS Jake Bartlett - Truist Eric Gonzalez - KeyBanc Capital Markets Nick Setyan - ...

For the quarter ended December 2023, Dine Brands (DIN) reported revenue of $206.3 million, down 0.8% over the same period last year. EPS came in at $1.40, compared to $1.34 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $206.49 million, representing a surprise of -0.09%. The company delivered an EPS surprise of +25.00%, with the consensus EPS estimate being $1.12.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-15283 Dine Brands Global, Inc. (Exact name of registrant as specified in its charter) Delaware 95-3038279 (State or other jurisdictio ...

Financial Performance - Total revenues for Q4 2023 were $206.3 million, a decrease from $208.0 million in Q4 2022, primarily due to the refranchising of 69 Applebee's units[6] - GAAP net income for Q4 2023 was $32.3 million, or $2.14 per diluted share, compared to $11.0 million, or $0.72 per diluted share in Q4 2022[6] - Adjusted EBITDA for Q4 2023 was $62.2 million, up from $57.0 million in Q4 2022[6] - Total revenues for 2023 were $831.1 million, down from $909.4 million in 2022, with revenues excluding refranchised units at $822.7 million[8] - GAAP net income for 2023 was $94.9 million, or $6.22 per diluted share, compared to $78.9 million, or $4.96 per diluted share in 2022[8] - Consolidated adjusted EBITDA for 2023 was $256.4 million, compared to $251.9 million in 2022[8] - Net income for the twelve months ended December 31, 2023, was $97,176,000, an increase of 19.8% compared to $81,111,000 in 2022[25] - Adjusted EBITDA for the twelve months ended December 31, 2023, was $256,404,000, compared to $251,872,000 in 2022, reflecting a slight increase of 1.1%[33] - The company reported a diluted net income per share of $6.22 for the twelve months ended December 31, 2023, compared to $4.96 in 2022, marking a 25.4% increase[27] Cash Flow and Expenses - Cash flows provided by operating activities increased to $131,140,000 in 2023 from $89,336,000 in 2022, representing a growth of 46.7%[25] - Adjusted free cash flow for the twelve months ended December 31, 2023, was $103,287,000, up from $64,633,000 in 2022, indicating a 59.8% increase[30] - The company incurred $31,715,000 in dividends paid on common stock in 2023, slightly up from $30,765,000 in 2022[30] - Interest paid for the twelve months ended December 31, 2023, was $73,976,000, compared to $64,599,000 in 2022, an increase of 14.5%[25] - The company reported a net change in cash, cash equivalents, and restricted cash of $(124,392,000) for the year, compared to $(100,369,000) in 2022[25] Franchise Performance - Applebee's comparable same-restaurant sales declined by 0.5% year-over-year in Q4 2023, while IHOP's increased by 1.6%[3][4] - Franchise revenues increased to $175.97 million in Q4 2023, up 4.3% from $168.04 million in Q4 2022[21] - Domestic sales percentage change for Applebee's was -1.5% for the three months ended December 31, 2023, compared to a 1.0% increase in the same period of 2022[36] - IHOP's total effective restaurants increased to 1,796 as of December 31, 2023, up from 1,766 in the same period of 2022, with franchise restaurants growing from 1,610 to 1,639[36] - IHOP reported a 4.2% increase in system-wide sales for the three months ended December 31, 2023, compared to a 3.9% increase in the same period of 2022[37] - The net franchise restaurant development for Applebee's showed a reduction of 10 restaurants in the three months ended December 31, 2023, while IHOP saw a net increase of 20 restaurants[40] Assets and Liabilities - Total assets decreased to $1.74 billion as of December 31, 2023, down from $1.88 billion as of December 31, 2022[23] - Total liabilities decreased to $1.99 billion as of December 31, 2023, compared to $2.18 billion in the previous year[23] - Cash and cash equivalents decreased to $146.03 million in Q4 2023 from $269.66 million in Q4 2022[23] - General and administrative expenses decreased to $50.51 million in Q4 2023 from $58.80 million in Q4 2022, a reduction of 14.5%[21] Stock and Shareholder Returns - The company repurchased approximately $26 million of its common stock in 2023[10] - The company repurchased $26,130,000 of common stock in 2023, significantly lower than $120,452,000 in 2022, indicating a reduction in stock buybacks[30]

Wall Street analysts expect Dine Brands (DIN) to post quarterly earnings of $1.12 per share in its upcoming report, which indicates a year-over-year decline of 16.4%. Revenues are expected to be $206.7 million, down 0.6% from the year-ago quarter.The current level reflects a downward revision of 3.2% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.Prior to a com ...

PASADENA, Calif.--(BUSINESS WIRE)--Dine Brands Global, Inc. (NYSE: DIN), the parent company of Applebee's Neighborhood Grill + Bar®, IHOP® and Fuzzy’s Taco Shop® restaurants, announced today that Matt Ryan will be joining as a new independent member of its Board of Directors. Matt currently serves as Chief Executive Officer of Soli Organic, the market leader in organic controlled environment agriculture. He leads the nation’s largest commercial indoor organic grower, redefining how fresh, organic, and su ...

Introducing Fuzzy's Taco Shop's new Primo Baja menu category. Embracing the essence of Baja cuisine, the new Primo Baja category boasts items that encapsulate the vibrant and fresh spirit of the Mexican peninsula. (Photo: Business Wire)Introducing Fuzzy's Taco Shop's new Primo Baja menu category. Embracing the essence of Baja cuisine, the new Primo Baja category boasts items that encapsulate the vibrant and fresh spirit of the Mexican peninsula. (Photo: Business Wire)IRVING, Texas--(BUSINESS WIRE)--Fuzzy’s ...

NEW YORK--(BUSINESS WIRE)--Emplifi, a leading customer engagement platform, today announced it has significantly improved guest recovery workflows across social channels and integrated Google Reviews for Dine Brands Global, Inc. (NYSE: DIN), the parent company of Applebee’s Neighborhood Grill + Bar®, IHOP®, and Fuzzy’s Taco Shop® restaurants. After managing messages from guests directly in the Facebook app – without the ability to respond, monitor, or measure guest interactions from a single dashboard – Din ...