Dine Brands Q1 revenue and adjusted EPS beat estimates

Dine Brands Global

06/05/2026 12:09

Corrects Adjusted EPS to $0.88, from $1.07, after the company issued an updated statement; also corrects throughout to show adj EPS missed, not beat, market estimates

Overview

U.S. restaurant operator's Q1 revenue rose, beating analyst expectations

Adjusted EPS for Q1 misses analyst expectations

Company repurchased $22 mln of its stock in Q1

Outlook

Dine Brands expects 2026 Applebee's same-restaurant sales growth between 0% and 2%

Company sees 2026 IHOP same-restaurant sales growth between 0% and 2%

Dine Brands expects 2026 adjusted EBITDA between $220 mln and $230 mln

Result Drivers

COMP SALES IMPROVEMENT - Co said improved comparable sales, especially at Applebee's, were driven by focus on value, marketing, and disciplined execution

HIGHER COMPANY-OWNED SALES - Revenue increase was primarily due to higher company-owned restaurant sales, mainly from acquiring restaurants from franchisees

DUAL BRAND INITIATIVES - Continued investment in dual brand development and remodels, supported by positive franchisee and guest feedback

Company press release: ID:nBw4x5fHRa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Beat
$225.20 mln
$222.32 mln (5 Analysts)
Q1 Adjusted EPS
Miss
$0.88
$1.006 (7 Analysts)
Q1 EPS
$0.57
Q1 Adjusted EBITDA
$50.80 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 8 "hold" and no "sell" or "strong sell"

Wall Street's median 12-month price target for Dine Brands Global Inc is $30.00, about 6.6% above its May 5 closing price of $28.15

The stock recently traded at 6 times the next 12-month earnings vs. a P/E of 7 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)