Dining brand Q4 revenue: sales volume, EPS MISS, Applebee’s, IHOP and other negative payments – Dine Brands Global (NYSE: DIN)

Dining brand Global, Inc. Man Stocks traded slightly higher on Wednesday.

The company reported adjusted earnings per share of 87 cents in the fourth quarter, missing $1.35 in street landscape. Quarterly sales of $204.7 million (down 0.7% year-on-year) exceeded the analyst consensus estimate of $20.0552 million.

The decline was mainly due to the decline in franchise revenue, mainly due to the growth in comparable restaurant sales of Applebee and IHOP and the decline in sales of proprietary products.

Applebee’s year-on-year domestic comparable restaurant sales fell 4.7% in the fourth quarter, while IHOP’s sales fell 2.8%.

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The consolidated adjusted EBITDA for the fourth quarter of 2024 was $50.1 million, compared with $62.2 million in the same period last year.

Total cash and equivalents and approximately $248.6 million in cash and restricted cash, of which approximately $186.7 million is unrestricted cash.

“For 2025, we have a clear plan that addresses short-term and long-term issues and are confident that working with our franchisees we will enhance the guest experience and enhance our value proposition.” John PaytonCEO of Dine Brands Global.

On February 21, the company announced that its board of directors announced and approved a quarterly cash dividend of $0.51 per common share. The dividend will be paid on April 4.

prospect: For fiscal 25, Applebee’s domestically-wide restaurant sales performance is expected to be between 2% and positive 1%.

IHOP’s domestic system-wide sales performance is expected to be between negative 1% and 2%.

The company expects the combined adjusted EBITDA range of approximately $235 million to $245 million.

Price action: Din shares traded 1.83% to $23.90 last Wednesday.

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Image via shutterstock.