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Mar 31, 2021
Dine Brands Q1 2021 Earnings Report
Dine Brands' Q1 2021 results demonstrated positive momentum with improved same-restaurant sales and a strong cash position.
Key Takeaways
Dine Brands Global, Inc. reported improved first-quarter 2021 results driven by the strength of its brands and the resilience of its franchisees and team members. The company saw meaningful improvement in domestic system-wide comparable same-restaurant sales and repaid $220 million drawn against its revolving credit facility.
Applebee’s year-over-year comparable same-restaurant sales increased 11.9%.
IHOP’s comparable same-restaurant sales decreased 0.9%.
The company repaid $220 million drawn against its revolving credit facility.
Adjusted earnings per diluted share of $1.75 compared to adjusted earnings per diluted share of $1.45 for the first quarter of 2020.
Revenue by Segment
Forward Guidance
The Company believes that its consolidated financial results for 2021 could continue to be materially impacted by the global impact from COVID-19 and cannot provide a complete business outlook for fiscal 2021.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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