Dine Brands shares slip despite Q4 earnings beat as revenue misses expectations
February 25, 2026 9:29 AM
IH Market News
Dine Brands Global (NYSE:DIN), the parent company of Applebee’s, IHOP and Fuzzy’s Taco Shop, reported fourth-quarter results that topped earnings forecasts but fell short on revenue, sending shares lower in after-hours trading.
The company posted adjusted earnings per share of $1.46, comfortably exceeding analyst expectations of $1.07 by $0.39.
Revenue came in at $217.6 million, below the consensus estimate of $226.52 million, though still representing a 6.3% increase from $204.8 million in the same quarter a year earlier. Shares declined 2.09% following the announcement.
Dine Brands reported a GAAP net loss attributable to common shareholders of $12.3 million, or -$0.93 per diluted share, compared with net income of $5.0 million, or $0.34 per share, in the fourth quarter of 2024. The loss was largely driven by a non-cash impairment charge of $29 million related to an intangible asset.
Operational performance was mixed across brands. Applebee’s domestic comparable same-restaurant sales slipped 0.4% year over year, while IHOP recorded a modest 0.3% increase in comparable domestic sales.
Total revenue growth was mainly supported by higher sales at company-operated restaurants following the acquisition of franchised locations, partially offset by lower franchise-related revenue.
“In 2025 our brands’ performance improved as we made meaningful progress against our strategic priorities by strengthening the fundamentals of the business and positioning our brands for long-term growth,” said Chief Executive Officer John Peyton.
Looking ahead, Dine Brands expects consolidated adjusted EBITDA for fiscal 2026 to range between $220 million and $230 million, implying a midpoint of $225 million. The company forecasts domestic same-restaurant sales growth of between 0% and 2% for both Applebee’s and IHOP.
General and administrative expenses are projected at $205 million to $210 million, while planned capital expenditures are expected to total between $25 million and $35 million.
Dine Brands Global stock price
Original: Dine Brands shares slip despite Q4 earnings beat as revenue misses expectations
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