Dine Brands Global (NYSE: DIN) reported Q4 EPS of $1.40, $0.24 better than the analyst estimate of $1.16. Revenue for the quarter came in at $206.3 million versus the consensus estimate of $206.42 million.

Financial Performance Guidance for 2024

The Company introduced its fiscal 2024 guidance items:

Applebee’s domestic system-wide comparable same-restaurant sales performance is expected to range between 0% and 2%.

IHOP’s domestic system-wide comparable same-restaurant sales performance is expected to range between 1% and 3%.

Domestic development activity for Applebee’s franchisees is between 25 and 35 net fewer restaurants.

Domestic development activity by IHOP franchisees and area licensees is expected to be between 15 and 25 net new openings.

Consolidated adjusted EBITDA is expected to range between approximately $255 million and $265 million.

G&A expenses are expected to range between approximately $200 million and $210 million. This total includes non-cash stock-based compensation expense and depreciation of approximately $35 million.

Gross capital expenditures are expected to range between approximately $15 million and $20 million.

For earnings history and earnings-related data on Dine Brands Global (DIN) click here.