Core Viewpoint - Dine Brands reported a decline in revenue and earnings for the quarter ended September 2024, with revenue of $195.03 million, down 3.7% year-over-year, and EPS of $1.44, slightly lower than the previous year's $1.46 [1] Financial Performance - Revenue of $195.03 million was below the Zacks Consensus Estimate of $198.87 million, resulting in a surprise of -1.93% [1] - EPS of $1.44 exceeded the consensus estimate of $1.33, delivering a surprise of +8.27% [1] Key Metrics - Total number of IHOP restaurants: 1,809, slightly below the average estimate of 1,812 [3] - Domestic same-restaurant sales percentage change for IHOP: -2.1%, compared to the estimated -1.5% [3] - Total number of Applebee's restaurants: 1,620, close to the average estimate of 1,617 [3] - Domestic same-restaurant sales percentage change for Applebee's: -7.1%, worse than the estimated -3.6% [3] - Franchise revenues: $166.35 million, below the estimated $169.97 million, representing a -3.6% change year-over-year [3] - Rental revenues: $27.99 million, below the estimated $28.95 million, representing a -3.9% change year-over-year [3] - Financing revenues: $0.42 million, below the estimated $0.53 million, with a year-over-year change of -32.8% [3] - Company restaurant sales: $0.27 million, below the estimated $0.31 million, representing a -13.3% change year-over-year [3] - Advertising revenue from franchise revenues: $69.79 million, below the estimated $72.57 million, representing a -4.9% change year-over-year [3] - Royalties, franchise fees, and other revenues: $96.57 million, below the estimated $98.15 million, representing a -2.6% change year-over-year [3] Stock Performance - Dine Brands shares have returned +4.6% over the past month, outperforming the Zacks S&P 500 composite's +0.7% change [4] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [4]

Company Performance - Dine Brands reported quarterly earnings of $1.44 per share, exceeding the Zacks Consensus Estimate of $1.33 per share, but down from $1.46 per share a year ago, representing an earnings surprise of 8.27% [1] - The company posted revenues of $195.03 million for the quarter ended September 2024, missing the Zacks Consensus Estimate by 1.93% and down from $202.58 million year-over-year [2] - Over the last four quarters, Dine Brands has surpassed consensus EPS estimates three times but has not beaten consensus revenue estimates [2] Stock Performance - Dine Brands shares have declined approximately 37.2% since the beginning of the year, contrasting with the S&P 500's gain of 21.2% [3] - The current Zacks Rank for Dine Brands is 3 (Hold), indicating that the shares are expected to perform in line with the market in the near future [6] Future Outlook - The current consensus EPS estimate for the upcoming quarter is $1.39 on revenues of $203.52 million, and for the current fiscal year, it is $5.77 on revenues of $814.91 million [7] - The outlook for the Retail - Restaurants industry, where Dine Brands operates, is currently in the top 31% of over 250 Zacks industries, suggesting a favorable environment for performance [8]

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 September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 001-15283 | --- | --- | --- | --- | |-------------------------|----------------------------------------------------------------|---------------- ...

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 Third Quarter 2024 Results PASADENA, Calif., November 6, 2024 – Dine Brands Global, Inc. (NYSE: DIN), the parent company of Applebee's Neighborhood Grill & Bar®, IHOP® and Fuzzy's Taco Shop® restaurants, today ...

Key Takeaways Shares of Dine Brands Global, the parent company of Applebee's and IHOP, fell Friday after receiving a downgrade from a Truist equities analyst. The analyst wrote Thursday that his firm's card data showed Applebee's sales struggling more than some of its competitors in recent months. Applebee's stock was downgraded by the firm to "hold" from "buy" and its price target cut nearly in half, to $37 from $66. Dine Brands Global (DIN) stock fell Friday as the owner of Applebee's and IHOP was downgra ...

Dine Brands Global, Inc. NYSE: DIN is the driving force behind beloved restaurant sector brands like Applebee's, IHOP, and Fuzzy's Taco Shop. Through a strategic franchise model, Dine Brands has successfully established a widespread presence across the globe, capturing the hearts (and stomachs) of a large and diverse customer base. Dine Brands Global Today DIN Dine Brands Global $34.54 -0.19 (-0.55%) 52-Week Range $28.25 ▼ $53.26 Dividend Yield 5.91% P/E Ratio 6.15 Price Target $50.71 Add to Watchlist The c ...

Core Viewpoint - Wedbush analyst Nick Setyan upgraded Dine Brands Global, Inc. (DIN) to Outperform from Neutral, raising the price forecast to $47 from $34, citing key catalysts for multiple expansions over the next twelve months [1] Financial Projections - The analyst forecasts adjusted free cash flow of $99.2 million in 2024 and $107.5 million in 2025, translating to free cash flow yields of 22% and 25% respectively [2] - Dividend payments are projected at $31.8 million in 2024 and $30.9 million in 2025, with a current dividend yield of 6.5% [4] Share Repurchase and Growth Strategy - A $100 million+ accelerated share repurchase plan is anticipated in the second half of 2025, representing over 20% of the company's current market capitalization [1] - Strong free cash flow generation is expected to support ongoing annual repurchases of $60 million+ after the ASR [3] Business Outlook - Both Applebee's and IHOP are positioned to optimize their value propositions as they approach 2025, with current offers stabilizing and near-term same-store sales growth remaining largely in line [3] - The analyst raised the company's FY25 EPS estimate to $6.43 from $6.34 [4] Market Performance - DIN shares are trading higher by 13.1% to $35.32 at last check [9]

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 ...