NYSE$DIN
Dine Brands Global Inc · Q4 2022 earnings
Q4 2022 earnings · · Investor relations
Briefing
Reported solid quarterly comparable sales for Applebee's and IHOP, expanded into the fast-casual segment with the acquisition of Fuzzy's Taco Shop, and returned over $151 million to shareholders while retiring $40 million of long-term debt.
Dine Brands Global, Inc. reported fourth-quarter results with total revenues of $208.0 million and adjusted earnings per diluted share of $1.34. Applebee's and IHOP showed positive comparable sales growth. The company also acquired Fuzzy's Taco Shop and returned capital to shareholders.
- Applebee’s year-over-year comparable same-restaurant sales increased 1.7%.
- IHOP’s year-over-year domestic comparable same-restaurant sales increased 2.0%.
- Total revenues for the fourth quarter of 2022 were $208.0 million.
- Adjusted earnings per diluted share of $1.34 for the fourth quarter of 2022.
Headline financials
Revenue & EPS history
Dine Brands · Revenue · Quarterly
$208M
Forward guidance
The Company introduced its fiscal 2023 guidance items:
Tailwinds
- Domestic development activity by IHOP franchisees and area licensees is now expected to be between 45 and 60 net new openings.
- Consolidated adjusted EBITDA is expected in the range of between approximately $243 million and $255 million.
- G&A expenses are expected to range between approximately $200 million and $210 million, due to some of our planned 2022 G&A investments extended into 2023 given the disruptions caused by the pandemic last year and other organic investments, including Fuzzy’s.
- This range includes non-cash stock-based compensation expense and depreciation of approximately $30 million.
- Gross capital expenditures are expected to range between $33 million and $38 million.
Headwinds
- Domestic development activity by Applebee’s franchisees of between 10 and 20 net fewer restaurants.
- Domestic development activity by Applebee’s franchisees of between 10 and 20 net fewer restaurants.
- Domestic development activity by Applebee’s franchisees of between 10 and 20 net fewer restaurants.
- Domestic development activity by Applebee’s franchisees of between 10 and 20 net fewer restaurants.
- Domestic development activity by Applebee’s franchisees of between 10 and 20 net fewer restaurants.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2022
+1.4%
Avg return
Earnings day
+1.0%
Avg return
5 days after
+0.9%
Avg return
30 days after
51%
33 / 65 earnings
Positive
+22.6%
Q4 2017
Best reaction
-12.8%
Q4 2016
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -3.5% | +3.2% | +3.9% | |
| Q4 2025 | -0.2% | -1.2% | -17.8% | |
| Q3 2025 | +3.7% | +3.7% | +35.7% | |
| Q1 2025 | +2.2% | +21.2% | +24.0% | |
| Q4 2024 | +3.4% | +14.5% | -10.1% | |
| Q3 2024 | +13.1% | +7.9% | +4.0% | |
| Q2 2024 | -6.8% | -7.1% | -3.6% | |
| Q1 2024 | -1.2% | +0.8% | -13.4% | |
| Q4 2023 | +5.1% | +3.9% | +0.7% | |
| Q3 2023 | -9.4% | -8.6% | -6.3% | |
| Q2 2023 | -2.6% | -1.2% | -6.8% | |
| Q1 2023 | +2.8% | -0.3% | +0.2% | |
| Q4 2022 | -2.9% | -3.8% | -11.8% | |
| Q3 2022 | +2.4% | +5.0% | +3.7% | |
| Q2 2022 | +4.5% | +3.8% | -2.5% | |
| Q1 2022 | -4.0% | -6.3% | +0.7% | |
| Q4 2021 | -7.6% | -19.2% | -3.5% | |
| Q3 2021 | +12.3% | +4.8% | -10.0% | |
| Q2 2021 | +1.9% | -2.1% | +6.4% | |
| Q1 2021 | +1.0% | +0.7% | -5.9% | |
| Q4 2020 | -0.5% | +3.5% | +12.2% | |
| Q3 2020 | -4.6% | -11.6% | +13.2% | |
| Q2 2020 | +10.6% | +5.7% | +49.5% | |
| Q1 2020 | +18.6% | +4.4% | +21.3% | |
| Q4 2019 | -8.9% | -15.8% | -69.4% | |
| Q3 2019 | +0.1% | +4.6% | +13.4% | |
| Q2 2019 | -2.8% | -6.2% | -18.4% | |
| Q1 2019 | -0.5% | +1.1% | +6.5% | |
| Q4 2018 | +12.8% | +9.8% | -3.0% | |
| Q3 2018 | +7.6% | +14.7% | +12.0% | |
| Q2 2018 | +5.0% | +3.6% | +17.4% | |
| Q1 2018 | -5.8% | -4.9% | -21.3% | |
| Q4 2017 | +22.6% | +26.2% | +22.5% | |
| Q3 2017 | +8.5% | +5.0% | +17.5% | |
| Q2 2017 | +6.5% | +6.0% | +2.1% | |
| Q1 2017 | -6.2% | -7.1% | -15.5% | |
| Q4 2016 | -12.8% | -10.2% | -20.1% | |
| Q3 2016 | -2.6% | -2.1% | +9.5% | |
| Q2 2016 | -5.8% | -6.0% | -1.8% | |
| Q1 2016 | -2.9% | — | — | |
| Q4 2015 | +12.3% | — | — | |
| Q3 2015 | -4.6% | — | — | |
| Q2 2015 | +3.7% | — | — | |
| Q1 2015 | -5.2% | — | — | |
| Q4 2014 | -3.5% | — | — | |
| Q3 2014 | +3.3% | — | — | |
| Q2 2014 | +4.2% | — | — | |
| Q1 2014 | +5.7% | — | — | |
| Q4 2013 | +3.0% | — | — | |
| Q3 2013 | +15.7% | — | — | |
| Q2 2013 | +6.6% | — | — | |
| Q1 2013 | +1.4% | — | — | |
| Q4 2012 | -3.3% | — | — | |
| Q3 2012 | +8.8% | — | — | |
| Q2 2012 | +12.8% | — | — | |
| Q1 2011 | +4.5% | — | — | |
| Q1 2012 | +2.1% | — | — | |
| Q4 2009 | -4.6% | — | — | |
| Q1 2010 | -4.6% | — | — | |
| Q4 2011 | -4.6% | — | — | |
| Q3 2010 | -4.6% | — | — | |
| Q3 2011 | -4.6% | — | — | |
| Q2 2011 | -3.0% | — | — | |
| Q2 2010 | -3.0% | — | — | |
| Q4 2010 | -3.0% | — | — |
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