Quarterly ResultMay 6, 2026, 07:37 AM
Dine Brands Q1 Total Revenue $225.2M; Basic EPS $0.59; Acquires 12 Applebee's
AI Summary
Dine Brands Global reported its first-quarter 2026 results with total revenues increasing to $225.2 million from $214.8 million year-over-year. Despite a rise in basic EPS to $0.59 from $0.53, net income decreased to $7.4 million from $8.2 million. The company also acquired 12 Applebee's restaurants for $0.9 million and significantly increased common stock repurchases to $22.0 million, while dividends declared per share decreased.
Key Highlights
- Acquired 12 Applebee's restaurants for $0.9 million in Q1 2026.
- Total revenues rose to $225.2 million in Q1 2026, up from $214.8 million in Q1 2025.
- Basic EPS increased to $0.59 in Q1 2026, compared to $0.53 in Q1 2025.
- Net income decreased to $7.4 million in Q1 2026 from $8.2 million in Q1 2025.
- Repurchased $22.0 million of common stock in Q1 2026, with $51.2 million remaining.
- Dividends declared per share fell to $0.19 in Q1 2026 from $0.51 in Q1 2025.
- Leverage ratio of 5.06x allowed suspension of A-2 Notes principal payments.
- DSCR was approximately 3.0x, exceeding all debt covenant thresholds.