Dine Brands Global Inc Stock Price, News & Analysis

Dine Brands Global reported its Q4 and fiscal 2022 results, highlighting 1.7% and 2.0% year-over-year increases in comparable sales for Applebee’s and IHOP, respectively. Q4 revenues fell to $208 million from $229.6 million, largely due to the sale of 69 Applebee’s units. Adjusted EBITDA decreased to $57 million, with GAAP EPS dropping to $0.72 from $1.14 year-over-year. However, the company returned over $151 million to shareholders and retired $40 million in long-term debt. Fiscal 2023 guidance includes expected adjusted EBITDA of $243 to $255 million and a planned dividend of $0.51 per share.

Fuzzy’s Taco Shop has introduced the Margarita Shrimp Taco to its menu, available from March 1 to April 9, 2023. The taco features fried or grilled shrimp, Tajin garlic sauce, and special toppings on a flour tortilla. This limited-time offering aims to provide a seafood option for customers observing Lent. Laura Purser, VP of Marketing, highlighted the taco's fresh flavors and margarita-inspired elements. The new taco is available for dine-in, takeout, and delivery across participating locations.

Fuzzy’s Taco Shop currently operates 137 locations across 18 states.

Dine Brands Global, Inc. (NYSE: DIN) has declared a quarterly cash dividend of $0.51 per share, payable on March 31, 2023, to stockholders of record by March 20, 2023. This announcement reinforces the company's commitment to returning value to its investors. As of the end of 2021, Dine Brands operated over 3,400 restaurants under major brands like Applebee's and IHOP in 16 countries, positioning itself as a leading player in the full-service restaurant industry.

Applebee’s announces a limited-time offer allowing customers to add a dozen Double Crunch Shrimp for just $1 with any steak entrée. This promotion is available for dine-in, takeout, and delivery, providing a cost-effective way to enjoy a hearty meal. The shrimp, crispy and served with cocktail sauce, can be paired with various steak options including the 8-ounce USDA Select top sirloin. Chief Marketing Officer Joel Yashinsky emphasizes the appeal of this fan-favorite deal, urging customers to visit their local Applebee’s or order online. The promotion is available at participating locations and is subject to restrictions.

Dine Brands Global, Inc. (NYSE: DIN) is set to announce its fourth quarter and fiscal 2022 financial results on March 1, 2023, before market opening. A conference call will follow at 9:00 a.m. Eastern Time, discussing these results and the company's business outlook. Dine Brands operates well-known brands such as Applebee's and IHOP, with over 3,400 restaurants worldwide as of December 31, 2021. Investors can access the conference call via a live webcast or phone registration. The company emphasizes transparency and aims to provide insight into its performance amid economic uncertainties.

Applebee's is promoting a special offer for the Super Bowl on February 12, providing 20 free Boneless Wings with a minimum $40 order for To Go or Delivery via their website or mobile app. Customers can use the promo code BIGGAME23 at checkout. The wings come in six sauce options and are ideal for game day gatherings. This offer is valid only for online orders and at participating locations. Applebee's operates 1,670 restaurants in the U.S. and has a significant international presence, managed by Dine Brands Global (DIN).

Fuzzy's Taco Shop has expanded its menu by reintroducing two popular tacos: the Spicy Chimi Fajita Taco and Saucy Brisket Poblano Taco, effective January 18. The Spicy Chimi Fajita Taco, originally launched in early 2021, ranked as the second-highest selling limited-time taco, appearing on 8.4% of checks. The Saucy Brisket Poblano Taco, introduced late 2022, gained immediate acclaim from customers. Executive Chef Josh Diekman emphasized that these tacos aim to offer unique, flavorful experiences using premium ingredients. This move could positively impact customer engagement and sales for Fuzzy's Taco Shop.