The Latest Breaking News from DIN

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.

Robust consumer demand and evolving market trends will propel the restaurant sector’s future growth prospects. Hence, fundamentally sound restaurant stocks Arcos Dorados Holdings (ARCO), Dine Brands Global (DIN), and The Cheesecake Factory (CAKE) could be ideal additions this year. Keep reading.

The increased adoption and use of online delivery have boosted the restaurant industry over the past few years. As the industry is expected to witness steady growth, fundamentally strong stocks Bloomin’ Brands (BLMN), Dine Brands (DIN), and Rave Restaurant (RAVE) might be ideal additions to your portfolio this January. Keep…

The restaurant industry is poised to witness significant growth in the upcoming years, thanks to digitization, changing lifestyles, and growing demand for innovation and customization in food offerings. Moreover, the holiday season is expected to drive restaurant sales. Hence, fundamentally sound restaurant stocks Bloomin' Brands (BLMN), Dine Brands Global (DIN),…

Dine Brands Global Inc (NYSE:DIN) reported first-quarter FY22 sales growth of 12.8% year-on-year to $230.42 million, marginally beating the consensus of $230.08 million. Domestic same-restaurant sales for Applebee's rose 14.3% and IHOP's increased 18.1% versus last year. Gross profit grew 9% Y/Y to $92.8 million. Adjusted EBITDA rose 12.2% Y/Y to $65.2 million.…

Inflation reached its 40-year high last month, raising food prices at the fastest pace in decades. The restaurant industry is handling rising food costs strategically. We think the fundamentally strong restaurant stocks Dine Brands (DIN), Bloomin’ Brands (BLMN), and Chuy’s Holdings (CHUY) could be good investments in this situation.

Dine Brands Global Inc (NYSE:DIN) has selected FreedomPay to implement Next Level Commerce platform solutions in its Applebee's and IHOP Restaurants and online platforms. FreedomPay will handle all in-person and online payments at Dine Brands restaurants across North America. "FreedomPay provides us with a secure and robust platform and a comprehensive ecosystem of…

Nextbite has partnered with the IHOP restaurant chain to roll out two delivery-only brands, Thrilled Cheese and Super Mega Dilla. IHOP restaurants are franchised by affiliates of Glendale, California-based Dine Brands Global Inc (NYSE: DIN).

Dine Brands Global Inc (NYSE:DIN) reported fourth-quarter FY21 sales growth of 17.1% year-on-year, to $229.63 million, missing the consensus of $236.67 million. Domestic same-restaurant sales for Applebee's rose 34.8% and IHOP's increased 39.2% versus last year. Gross profit jumped 43% Y/Y to $96.5 million. Adjusted EBITDA rose 43.1% Y/Y to $60.1 million. Adjusted…