Dine Brands beats Q2 revenue estimates, maintains 2026 guidance
DIN•Analyst coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 7 "hold" and no "sell" or "strong sell."
The average consensus recommendation for the restaurants & bars peer group is "buy."
Wall Street's median 12-month price target for Dine Brands Global, Inc. is $33.00, about 5.3% below its August 4 closing price of $34.85.
The stock recently traded at 7 times the next 12-month earnings versus a P/E of 6 three months ago.
Q2 revenue tops estimates
U.S. restaurant operator Dine Brands beat second-quarter revenue expectations, with revenue rising year over year. The company reported adjusted EBITDA that declined from a year earlier.
| Metric | Beat/Miss | Actual | Consensus Estimate |
|---|---|---|---|
| Q2 Revenue | Beat | $240.90 mln | $236.11 mln (5 Analysts) |
| Q2 EPS | $0.35 | ||
| Q2 Adjusted EBITDA | $54.20 mln |
Guidance and capital allocation
The company maintained its fiscal 2026 guidance.
Dine Brands said consumers remain focused on affordability and value, and that it is investing in growth initiatives and its dual-brand program.
In the quarter, the company repurchased $7.4 mln of shares and expanded its buyback program.
Increased general and administrative expenses were driven by employee costs, reorganization, and transaction costs as the company invested in company-owned and dual-brand restaurant initiatives.
