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Applebee's boneless wings, $1 margaritas a profitable strategy in tough economy: Dine Brands CEO
Fox Business· 2024-05-10 18:25
Applebee’s $1 margaritas and boneless wings have proven to be a sweet and satisfying deal for consumers as they chase promotional offers and value, according to Dine Brands CEO John Peyton. Dine Brands, a parent company that oversees some of the country’s popular eateries, has crafted irresistible promotions that are helping its restaurants navigate the money-conscious consumer in today’s economy. "The consumer sent a message this past quarter. It was a tough quarter for us, and it was a tough quarter for t ...
CORRECTION: Long Island IHOP Restaurants Support America's VetDogs in Celebration of Military Appreciation Month
Newsfilter· 2024-05-09 05:37
Smithtown, NY, May 08, 2024 (GLOBE NEWSWIRE) -- Note to editors: this press release updates the headline and opening paragraph of the prior version to clarify that the Military Appreciation Month coupon booklet campaign is available exclusively at all 19 Long Island IHOP restaurants. America's VetDogs, a national nonprofit that provides service dogs to veterans, active-duty service members, and first responders with disabilities, announced a new partnership with the Long Island IHOP® restaurants to celebrat ...
Dine Brands(DIN) - 2024 Q1 - Earnings Call Transcript
2024-05-09 00:34
财务数据和关键指标变化 - 第一季度总收入为2.062亿美元,同比下降3.5% [5][16] - 调整后EBITDA为6080万美元,同比下降8.5% [16] - 调整后每股收益为1.33美元,同比下降32.5% [16] - 经营活动产生的现金流为3060万美元,同比增加90.7% [17] - 资本支出为330万美元,同比下降79.4% [17] - 截至第一季度末,公司拥有1.45亿美元的未受限现金 [17] 各条业务线数据和关键指标变化 Applebee's - 同店销售下降4.6%,上年同期增长6.1% [17] - 平均每周销售额超过5.47万美元,其中外卖和外送占22.2% [17] - 商品成本同比下降2.4% [18] IHOP - 同店销售下降1.7%,上年同期增长8.7% [17] - 平均每周销售额3.76万美元,其中外卖和外送占21% [17] - 商品成本同比下降3.3% [18] 各个市场数据和关键指标变化 - 公司受到一些地区地缘政治冲突的影响,但整体国际业务发展稳定 [12] - 第一季度新开4家餐厅,关闭6家,净减少2家 [12] 公司战略和发展方向及行业竞争 - 公司正在建立强大的发展基础,投资于非传统发展、营销等方面,并进行多项关键人才招聘 [13][14] - 公司正在加快新店开发,响应加盟商对双品牌餐厅的需求 [13] - 公司推出"Dine Forward"加盟计划,支持来自弱势群体的潜在加盟商 [13][14] - Applebee's正在优化自由站式原型设计,以大幅降低建设成本 [15] - IHOP计划在下半年集中新开店,全年净增15-25家餐厅 [15] - Fuzzy's品牌正在进行整合,并签订了两笔多店发展协议,未来几年有望成为公司的增长引擎 [11] 管理层对经营环境和未来前景的评论 - 第一季度受到天气和消费者谨慎的影响,消费者更加注重价格优惠 [4][5] - 但公司的价值主导策略有助于缓解挑战,并在季度内实现连续改善 [4][5] - 公司对全年指引保持信心,相信价值驱动的营销策略和创新产品将推动业绩 [5][19] 问答环节重要的提问和回答 问题1 **Eric Gonzalez 提问** Applebee's全年同店销售指引0%-2%的中值意味着需要在3%左右的水平保持,这明显高于行业最近几个月的表现。公司有何信心能够达到或维持在这一水平? [22][23] **Tony Moralejo 回答** 公司将继续推出有吸引力的价值促销活动,同时加强菜品和饮品创新。同时还将专注于外卖业务的发展,提升运营效率和餐厅形象。公司相信这些措施将推动Applebee's在余下时间里保持良好的表现 [23][24][25] 问题2 **Nick Setyan 提问** 请分享一下IHOP在第一季度和二季度迄今的表现情况,以及支撑全年指引的关键举措 [28][29] **Jay Johns 回答** IHOP一季度也呈现出季度内改善的趋势。公司将采取更加注重价格优惠的策略,同时持续推出创新菜品和家庭促销活动,相信这些措施将推动IHOP在余下时间里恢复正增长 [29][30][31] 问题3 **Dennis Geiger 提问** 请分享一下特许经营商在当前环境下的经营状况和信心,尤其是在价值促销方面的反馈 [35][36] **Vance Chang 和John Peyton 回答** 公司的特许经营商整体财务状况良好,门店毛利正在逐步恢复到疫情前水平。公司与特许经营商密切合作,确保推出的价值促销活动是有利可图的,既能吸引客流又能提升单店收益。公司相信这种平衡策略将为特许经营商创造可持续的价值 [36][50][51]
IHOP Supports America's VetDogs in Celebration of Military Appreciation Month
Newsfilter· 2024-05-08 23:45
Smithtown, New York, May 08, 2024 (GLOBE NEWSWIRE) -- America's VetDogs, a national nonprofit that provides service dogs to veterans, active-duty service members, and first responders with disabilities, announced a new partnership with IHOP to celebrate Military Appreciation Month. Throughout the month of May, customers at all 19 Long Island IHOP restaurants, representing each IHOP franchisee in Nassau and Suffolk counties, will be able to buy a coupon booklet with a $40 value for only $5. IHOP will donate ...
Dine Brands (DIN) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates
Zacks Investment Research· 2024-05-08 22:36
For the quarter ended March 2024, Dine Brands (DIN) reported revenue of $206.24 million, down 3.5% over the same period last year. EPS came in at $1.33, compared to $1.97 in the year-ago quarter.The reported revenue represents a surprise of -2.48% over the Zacks Consensus Estimate of $211.48 million. With the consensus EPS estimate being $1.59, the EPS surprise was -16.35%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine t ...
Dine Brands (DIN) Q1 Earnings and Revenues Miss Estimates
Zacks Investment Research· 2024-05-08 21:21
Dine Brands (DIN) came out with quarterly earnings of $1.33 per share, missing the Zacks Consensus Estimate of $1.59 per share. This compares to earnings of $1.97 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -16.35%. A quarter ago, it was expected that this parent company of Applebee's and IHOP restaurants would post earnings of $1.12 per share when it actually produced earnings of $1.40, delivering a surprise of 25%.Over t ...
Dine Brands(DIN) - 2024 Q1 - Quarterly Report
2024-05-08 19:31
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 March 31, 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) organization) (I.R.S. Employer Identification No.) Pasaden ...
Dine Brands(DIN) - 2024 Q1 - Quarterly Results
2024-05-08 19:00
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 First Quarter 2024 Results PASADENA, Calif., May 8, 2024 – Dine Brands Global, Inc. (NYSE: DIN), the parent company of Applebee's Neighborhood Grill & Bar®, IHOP® and Fuzzy's Taco Shop® restaurants, today announced financi ...
Dine Brands (DIN) Q1 Earnings Preview: What You Should Know Beyond the Headline Estimates
Zacks Investment Research· 2024-05-07 22:20
Analysts on Wall Street project that Dine Brands (DIN) will announce quarterly earnings of $1.59 per share in its forthcoming report, representing a decline of 19.3% year over year. Revenues are projected to reach $211.48 million, declining 1.1% from the same quarter last year.The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.Prior to a company' ...
VIRTUAL DINING CONCEPTS® EXPANDS ITS RELATIONSHIP WITH IHOP®
Prnewswire· 2024-04-24 22:30
VDC与IHOP合作扩展 - Virtual Dining Concepts与IHOP合作扩展至1700个数字商店,引入两个新品牌[1] - VDC与IHOP合作推出了NASCAR Refuel Tenders & Burgers和MLB Ballpark Bites品牌,以及现有品牌Pardon My Cheesesteak[2] - VDC和IHOP成功将三个品牌引入1000多家IHOP餐厅,为IHOP品牌带来增长驱动力[3]