DineEquity, Inc. Reports Second Quarter Fiscal 2016 Results

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Go back to DineEquity, Inc. Reports Second Quarter Fiscal 2016 Results

DineEquity (DIN) Reports In-Line Q2 EPS

August 3, 2016 8:03 AM EDT

DineEquity (NYSE: DIN) reported Q2 EPS of $1.59, in-line with the analyst estimate of $1.59. Revenue for the quarter came in at $160.25 million versus the consensus estimate of $161.51 million.

Domestic system-wide comparable same-restaurant sales increased 0.2% at IHOP and declined 4.2% at Applebee's

Financial Performance Guidance for Fiscal 2016

DineEquity reiterates its financial performance guidance for fiscal 2016 contained in the press release issued on February 24, 2016 and the Form 8-K filed on February 24, 2016, except for the revisions noted below.Revised Applebee's comparable same-restaurant sales performance to range between negative 3.0% and negative 4.5%. This compares to the previous expectations of between... More