Dine Brands Global (NYSE:DIN) Q4 2025 Earnings call February 25, 2026 11:00 AM ET Company ParticipantsAlyson Akers - Consumer Equity Research AssociateJohn Peyton - CEO and PresidentLawrence Kim - President of IHOPMatt Lee - SVP, Finance, and Investor RelationsVance Chang - CFOConference Call ParticipantsBrian Vaccaro - Managing Director and Senior Equity Research AnalystJeffrey Bernstein - Equity Research AnalystNick Setyan - Managing Director and Senior Equity Research AnalystNone - AnalystOperatorGood da ...

Dine Brands Global (NYSE:DIN) Q4 2025 Earnings call February 25, 2026 11:00 AM ET Company ParticipantsAllison Arfstrom - Equity Research AssociateJohn Peyton - CEO and PresidentLawrence Kim - President of IHOPMatt Lee - SVP, Finance, and Investor RelationsVance Chang - CFOConference Call ParticipantsBrian Vaccaro - Managing Director and Senior Equity Research AnalystJeffrey Bernstein - Equity Research AnalystNick Setyan - Managing Director and Senior Equity Research AnalystNone - AnalystOperatorGood day, th ...

You can find original article here Nrn. Subscribe to our free daily Nrn newsletters. Domino’s Pizza is optimistic about its leadership in the pizza and quick-service categories after posting 3.7% same-store sales growth in the fourth quarter ended Dec. 28, 2025.  Russel Weiner, CEO of the Ann Arbor, Mich.-based company, said that even though many other companies have reported spending slowdowns among lower income consumers, Domino’s saw sales growth across all income cohorts last quarter.   T ...

Core Insights - The restaurant industry is facing challenges, but the company has shown resilience with steady revenue and improved operational metrics [1][4][25] - The company achieved record annual revenue and adjusted diluted earnings per share, supported by strong operational execution and culinary innovation [4][14][25] - The company plans to open up to 26 new restaurants in 2026, reflecting confidence in its development pipeline and commitment to long-term growth [6][24] Financial Performance - Total revenues for the fourth quarter were $961.6 million, with adjusted diluted earnings per share at $1, finishing toward the higher end of expectations [14][19] - Comparable sales for The Cheesecake Factory declined by 2.2% in the fourth quarter, while North Italia saw an 8% increase in sales [10][15] - Adjusted restaurant-level profit margins for The Cheesecake Factory increased to 17.6%, with North Italia at 17.5% and Flower Child at 18.5% [12][14] Operational Highlights - The company opened seven new restaurants in the fourth quarter, contributing to a total of 25 new openings for the year, achieving approximately 7% unit growth [5][24] - Labor productivity and guest satisfaction improved, supported by high retention rates among staff [7][11] - The introduction of new menu items has resonated well with guests, enhancing the overall dining experience [8][33] Market Trends - Industry sales decelerated in the fourth quarter, with the Black Box Casual Dining Index declining by 40 basis points [10] - The company’s off-premise sales mix was 22%, indicating a stable demand for delivery and takeout options [10][76] - The company anticipates total revenues for fiscal 2026 to be approximately $3.9 billion, with inflation across commodities and labor expected to be in the low to mid-single digits [21][22] Strategic Initiatives - The company plans to launch a dedicated rewards app to enhance guest experience and engagement, expected in the second quarter [61][66] - There is a focus on menu innovation, particularly with the introduction of bites and bowls, which have shown strong attachment rates [9][33] - The company is committed to disciplined capital allocation, increasing share repurchase authorization and raising quarterly dividends [6][25]

Financial Data and Key Metrics Changes - Total revenues for Q4 2025 were $961.6 million, including $17.3 million from gift card breakage revenue, with adjusted revenues of $944.3 million finishing within expectations [16][17] - Adjusted diluted earnings per share increased 10% year-over-year to $3.77, with adjusted EBITDA totaling $354 million [17][26] - For the fiscal year, total revenues reached $3.75 billion, up 5% from the prior year [17] Business Line Data and Key Metrics Changes - The Cheesecake Factory restaurants generated $681.4 million in sales, up 2% year-over-year, with comparable sales declining 2.2% [17][18] - North Italia reported sales of $88.2 million, an 8% increase from the prior year, with comparable sales down 4% [17][18] - Flower Child sales increased 19% year-over-year to $45.5 million, with a restaurant-level profit margin of 17.5% for Q4 [14][15] Market Data and Key Metrics Changes - Comparable sales for The Cheesecake Factory were -2.2% in Q4, reflecting relative stability compared to broader industry trends [11][12] - The Black Box Casual Dining Index indicated a 410 basis point decline in industry sales during Q4 [11] - North Italia's annualized average unit volumes (AUVs) were $7.6 million, while Flower Child's AUVs were $4.3 million for Q4 [12][14] Company Strategy and Development Direction - The company plans to open as many as 26 new restaurants in 2026, with a strong development pipeline in place [8][25] - Culinary innovation remains a core strength, with new menu items resonating well with guests and supporting broad appeal without relying on discounting [7][10] - The company announced an increase in share repurchase authorization and raised its quarterly dividend, reflecting a disciplined approach to capital allocation [8][9] Management's Comments on Operating Environment and Future Outlook - Management noted a challenging operating environment but highlighted strong operational execution and improvements in labor productivity and guest satisfaction [5][6] - The company anticipates total revenues for Q1 2026 to be between $955 million and $970 million, factoring in weather impacts and restaurant closures [22] - Management expressed confidence in the business's resilience and ability to navigate the competitive landscape, expecting continued stability in performance [47][48] Other Important Information - The company ended Q4 with total available liquidity of approximately $582.2 million, including a cash balance of $215.7 million [20] - Pre-opening costs for Q4 were $9.4 million, with plans for continued investment in unit development and maintenance [19][26] Q&A Session Summary Question: Update on FRC structure and management changes - Management expressed satisfaction with FRC's performance and noted that a senior operations role from Cheesecake was established to enhance operations [29][30] Question: Opportunity to invest in value and market positioning - Management confirmed strong reception of new menu items and plans to continue emphasizing value through marketing and menu innovation [33][35] Question: Weather impact on Q1 guidance - Management estimated a 1% negative impact from weather on Q1 guidance, with significant restaurant closures due to inclement weather [40][41] Question: Consumer spending outlook and industry trends - Management indicated that consumer sentiment remains soft but noted improved performance in Q1 compared to Q4, expecting stability to continue [46][47] Question: Details on the rewards app launch - Management plans to launch a dedicated rewards app in Q2, supported by strong marketing efforts [73][75] Question: Vision for Flower Child brand development - Management expressed enthusiasm for Flower Child's performance and emphasized the importance of having the right leadership in place for future growth [84][86]

The Cheesecake Factory (NasdaqGS:CAKE) Q4 2025 Earnings call February 18, 2026 05:00 PM ET Speaker12Ladies and gentlemen, thank you for standing by. My name is Krista, and I will be your conference operator today. At this time, I would like to welcome you to The Cheesecake Factory Incorporated fourth quarter 2025 earnings conference call. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question-and-answer session. If you would like to ask a qu ...

Group 1 - McDonald's ongoing strategy includes menu innovation, compelling value, and effective marketing to drive traffic and sales [3] - The return of the Snack Wrap in the U.S. and the introduction of McWings in Australia, along with the premium Big Arch burger, have shown strong performance [4] - The McCrispy Sandwich is gaining traction, and the company is testing various flavor combinations for new recipes [5] Group 2 - Analysts believe McDonald's and its franchisees are preparing for a spring or summer launch of CosMc's beverages, which could boost comparable sales in the mid-single-digit range [6] - A new menu category structure was created last year, focusing on beef, beverages, and chicken to enhance the overall customer experience [7] - McDonald's plans to expand its McCafe beverage lineup following a successful test in over 500 U.S. restaurants, with beverages representing a $100 billion global opportunity [8]

Core Insights - Chipotle Mexican Grill is facing challenges with comparable-store sales declining for the third time in four quarters, with a 2.5% drop in Q4 despite a slight increase in average check size [3][4] - The stock has shown resilience, recovering from a 38% decline in 2025, suggesting it may have reached a bottom [1][8] Financial Performance - In Q4, Chipotle's revenue increased by 4.9% to $2.98 billion, with adjusted earnings per share (EPS) remaining flat at $0.25, slightly above analysts' expectations of $0.24 [3] - The restaurant-level operating margin decreased by 140 basis points to 24.5%, indicating profitability pressures, which are expected to continue into 2026 [4] Growth Strategy - Chipotle opened 334 company-owned restaurants in 2025, with plans to open 350 to 370 in 2026, including 10 to 15 international locations [6] - The company aims to increase average unit volumes from $3.1 million to $4 million and achieve a 30% restaurant-level operating margin in the long term [4] Future Outlook - The company forecasts flat same-store sales for 2026, adopting a conservative approach due to economic uncertainties, while also focusing on menu innovation and customer engagement through a relaunch of its rewards program [7] - Despite the challenges, Chipotle's stock is trading at a forward price-to-earnings (P/E) multiple of over 32 times based on 2026 estimates, leading to a cautious stance on investment opportunities in the consumer discretionary sector [8]

Starbucks showing a lot of momentum in its US business in the most recent quarter and the company hosting its investor day right here in New York City. Joining me now is Starbucks global chief brand officer Trese Lieberman. Trese, great to see you.Thanks for being here. >> Great to see you, Kate. >> Uh, so talk to me about taking over marketing at this iconic brand.When you stepped into your new role here, what needed to be changed and why. >> One of the first things that we did was put together marketing, ...

Core Viewpoint - Starbucks is set to provide a long-term financial forecast and details on achieving its targets during an investor presentation, following a suspension of its outlook in October 2024, which projected global same-store sales growth of at least 5%, revenue growth of at least 10%, and earnings per share growth of at least 15% [1] Group 1: Financial Performance - Starbucks shares have decreased approximately 5% over the past year, resulting in a market value of around $108 billion, amid concerns over consumer spending and rising coffee prices [2] - The company reported a same-store sales growth of 4% for the first time in two years, driven by increased customer traffic [3] - For fiscal 2026, Starbucks anticipates adjusted earnings per share between $2.15 and $2.40, with same-store sales growth of at least 3% globally and in the U.S. [5] Group 2: Strategic Initiatives - Menu innovations, such as protein cold foam, have attracted both loyal and infrequent customers, with further innovations and enhancements to the rewards program and digital experience planned [4] - Under CEO Brian Niccol's leadership, Starbucks is focusing on improving customer and employee experiences, including returning seating to cafes and requiring baristas to write messages on cups, despite these changes impacting short-term earnings [6] - Investments in restaurant improvements and labor have affected profits during the fiscal first quarter, leading to earnings per share that fell short of Wall Street estimates [4]