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Dine Brands posted $240.9 million in revenue for the second quarter, up from $230.8 million a year earlier, as the two chains moved in opposite directions
Dine Brands reported second-quarter revenue of $240.9 million, up from $230.8 million a year earlier, as a sales increase at IHOP offset continued weakness at Applebee's.
Net income fell to $4.3 million, or 35 cents per diluted share, from $13.8 million, or 89 cents per diluted share, in the same period of 2025. Excluding certain one-time items, the company's adjusted earnings came to $1.16 per diluted share, short of the $1.20 per share that analysts had expected, according to the Wall Street Journal.
Domestic same-restaurant sales rose 1.5% at IHOP and fell 1.8% at Applebee's compared with the year-earlier quarter. Analysts had projected a 0.5% increase at IHOP and a 2.2% decline at Applebee's, according to the Wall Street Journal.
