DineEquity (DIN) Reports Mixed Q2 Earnings; Guides FY08 Comps
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DineEquity, Inc. (NYSE: DIN) reports Q2 EPS of $0.10, ex-items, 1 cent lower than the analyst estimate of $0.11. Revenues for the quarter were $424.13 million, versus the consensus of $423.86 million.
Sees FY08 system-wide same-store sales growth at IHOP in the range of 2% to 4% for fiscal 2008. The Company expects system-wide domestic same-store sales growth for Applebee's to range between negative 1% and positive 1%.
DineEquity, Inc. develops, franchises, and operates full-service restaurants in the United States and internationally under the Applebee's Neighborhood Grill & Bar (Applebee's) and International House of Pancakes (IHOP) brands.
Sees FY08 system-wide same-store sales growth at IHOP in the range of 2% to 4% for fiscal 2008. The Company expects system-wide domestic same-store sales growth for Applebee's to range between negative 1% and positive 1%.
DineEquity, Inc. develops, franchises, and operates full-service restaurants in the United States and internationally under the Applebee's Neighborhood Grill & Bar (Applebee's) and International House of Pancakes (IHOP) brands.
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