Dine Brands Reports Q3 2026 Results with Revenue Growth Amid Rising Commodity Costs
Dine Brands (DIN) reported third-quarter 2026 revenues of $248.9 million, a 15.1% increase year-over-year, largely fueled by a $36.9 million rise in company-owned restaurant revenue. Adjusted diluted EPS rose to $0.82 from $0.73 in the prior year. While both Applebee's and IHOP saw modest domestic comparable sales growth of 0.9% and 0.8% respectively, adjusted EBITDA remained flat at $49 million as the company prioritized brand initiatives and capital expenditures. The company faces headwinds from rising commodity costs, specifically higher beef prices, which contributed to a 5.4% cost increase for Applebee's. Management noted that while menu pricing increases of 3% to 4% helped offset these pressures, consumer response to promotions has been mixed. Consequently, the company expects to track toward the lower end of its full-year guidance.
Tickers: $DIN
Topics: Comparable Sales EBITDA EPS Restaurant Industry Revenue Growth