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Dec 31, 2020
Dine Brands Q4 2020 Earnings Report
Dine Brands reported results driven by robust off-premise growth amid the pandemic.
Key Takeaways
Dine Brands Global, Inc. reported fourth-quarter results impacted by the resurgence of COVID-19 cases and related restrictions on dine-in service. Despite these challenges, the company saw robust off-premise growth and maintained a strong cash position. The company is optimistic about improved sales in 2021.
Applebee’s comparable same-restaurant sales decreased 17.6%.
IHOP’s comparable same-restaurant sales decreased 30.1%.
Applebee’s off-premise comparable same-restaurant sales increased by 133.3%.
IHOP’s off-premise comparable same-restaurant sales increased by 130.4%.
Dine Brands
Dine Brands
Dine Brands Revenue by Segment
Revenue by Segment
Company Restaurant Sales Revenue
CapyFin.com 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. Considering the uncertainty and timing of a reversal in consumer behavior due to the pandemic, the Company currently cannot provide a complete business outlook for fiscal 2021.