Quarterly ResultMay 6, 2026, 03:31 PM
Dine Brands Corrects Q1 Adjusted Net Income to $11.1M, EPS to $0.88
AI Summary
Dine Brands Global, Inc. issued a corrected press release for its first quarter 2026 financial results, revising adjusted net income to $11.1 million and adjusted earnings per diluted share to $0.88 due to an inadvertent error. The company reported total revenues of $225.2 million for the quarter, an increase from the prior year, driven by higher company-owned restaurant sales. Applebee's saw a 1.9% increase in domestic comparable sales, while IHOP's domestic comparable sales remained flat. The company also reiterated its full-year 2026 financial guidance.
Key Highlights
- Dine Brands corrected Q1 2026 adjusted net income to $11.1 million from $13.5 million.
- Corrected Q1 2026 adjusted diluted EPS to $0.88 from $1.07.
- Total revenues for Q1 2026 were $225.2 million, up from $214.8 million in Q1 2025.
- Applebee's domestic comparable same-restaurant sales increased 1.9% in Q1 2026.
- IHOP's domestic comparable same-restaurant sales remained flat in Q1 2026.
- Net income available to common stockholders for Q1 2026 was $7.2 million, or $0.57 diluted EPS.
- Consolidated adjusted EBITDA for Q1 2026 was $50.8 million, down from $54.7 million in Q1 2025.
- Reiterated fiscal 2026 guidance for consolidated adjusted EBITDA between $220 million and $230 million.
Price Impact
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