Wedbush analyst Nick Setyan upgraded Dine Brands Global, Inc. DIN to Outperform from Neutral, raising the price forecast to $47 from $34. The analyst identifies key catalysts for Dine Brands' multiple expansions over the next twelve months. According to Setyan, a $100 million + accelerated share repurchase plan is likely in the second half of 2025 following Dine Brands' refinancing, representing over 20% of the company's current market capitalization. The analyst forecasts adjusted free cash flow of $99.2 m ...

Core Viewpoint - Dine Brands Global, Inc. is expanding its international presence through a dual-branded restaurant concept featuring Applebee's and IHOP in Honduras, with plans for further development in various global markets [1][2]. Group 1: Expansion Strategy - The company has entered into a multi-unit development agreement with BLT Global Brands to open its first dual-branded restaurant on September 16, 2024 [1]. - The dual-branded restaurant concept aims to streamline operations and improve efficiency for franchisees, enhancing market presence and driving growth in the global restaurant industry [2]. - Dine Brands plans to increase the total number of international dual-branded restaurants to 13 across seven markets, including Mexico, Canada, UAE, Kuwait, Saudi Arabia, Peru, and Honduras [4]. Group 2: Market Positioning - The strategy leverages IHOP's popularity during morning hours and Applebee's appeal in the evening to attract a diverse customer base and provide consistent dining experiences throughout the day [3]. - The company has secured agreements to develop at least 21 new restaurants, including 13 dual-branded locations, through conversions of existing sites and new openings in various channels such as airports and travel centers [5]. Group 3: Future Growth Potential - Dine Brands is actively seeking Master Franchisees and Developers in key regions such as South Korea, Japan, Spain, Brazil, and select areas in Mexico and Canada to strengthen its market presence [6]. - Despite a year-to-date share price decline of 41.4%, the company remains optimistic about its expansion efforts, new marketing strategies, loyalty programs, and technological advancements [7].

Dine Brands Global, Inc. (NYSE:DIN) Q2 2024 Earnings Call Transcript August 7, 2024 9:00 AM ET Company Participants Matt Lee - SVP, Finance and IR John Peyton - CEO Vance Chang - CFO Tony Moralejo - President of Applebee's Jay Johns - President of IHOP Conference Call Participants Eric Gonzalez - KeyBanc Dennis Geiger - UBS Jeffrey Bernstein - Barclays Nick Setyan - Wedbush Brian Vaccaro - Raymond James Jake Bartlett - Truist Securities Brian Mullan - Piper Sandler Todd Brooks - The Benchmark Company Andrew ...

Dine Brands (DIN) reported $206.27 million in revenue for the quarter ended June 2024, representing a yearover-year decline of 1%. EPS of $1.71 for the same period compares to $1.82 a year ago. The reported revenue represents a surprise of -2.20% over the Zacks Consensus Estimate of $210.9 million. With the consensus EPS estimate being $1.65, the EPS surprise was +3.64%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine the ...

Dine Brands (DIN) came out with quarterly earnings of $1.71 per share, beating the Zacks Consensus Estimate of $1.65 per share. This compares to earnings of $1.82 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 3.64%. A quarter ago, it was expected that this parent company of Applebee's and IHOP restaurants would post earnings of $1.59 per share when it actually produced earnings of $1.33, delivering a surprise of -16.35%. Ove ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 001-15283 Dine Brands Global, Inc. (Exact name of registrant as specified in its charter) Delaware 95-3038279 (State or other jurisdiction of incorpo ...

Exhibit 99.1 News Release | --- | --- | --- | |-------|-------|-----------------------------------------------------------------------------------------------------------------------------------------------| | | | Investor Contact Matt Lee Sr. Vice President, Finance and Investor Relations Dine Brands Global, Inc. IR@dinebrands.com | | | | Media Contact Susan Nelson Sr. Vice President, Global Communications Dine Brands Global, Inc. Mediainquiries@dinebrands.com | Dine Brands Global, Inc. Reports Second Quar ...

While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise. So, this combination makes it difficult to conclusively predict that Dine Brands will beat the consensus EPS estimate. Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. ...

Restaurants are a competitive field, and not all of the beaten-down chains will see a significant recovery. That's especially true as inflation and a slowing economy are starting to strain consumers' wallets. However, these three restaurant stocks to buy near 52-week-lows are compelling values that are set to heat up in the coming months. Portillo's (PTLO) Source: eunyoung / Shutterstock.com Portillo's (NASDAQ:PTLO) is a small restaurant chain that specializes in Chicago-style foods such as hot dogs, sausag ...

photobyphm/iStock Editorial via Getty Images My Rating History on DIN (Seeking Alpha) Underneath the weak financials, same-restaurant sales are performing poorly, as Applebed's showed -5.9% a year-over-year performance in the quarter. IHOP's same- restaurant sales declined by -1.7%. Fuzzy's, representing a minimal part of total revenues, had the worst performance at -9.8%. The weaker foot traffic ultimately had an impact on profitability, as the operating margin declined from 23.3% to 20.5%. The 2024 financ ...