Dine Brands reports Q3 adjusted EPS $1.44, consensus $1.34

Reports Q3 revenue $195.03M, consensus $198.56M. Applebee’s year-over-year domestic comparable same-restaurant sales declined 5.9%. IHOP’s year-over-year domestic comparable same-restaurant sales declined 2.1%. “During the third quarter, we continued to experience consumer pullback and the pressures of a highly promotional operating environment. We know we need to do more in the near term to drive traffic and get back to better top-line performance. For the fourth quarter, we are enhancing our value proposition for guests and remain focused on executing our plans across our brands,” said John Peyton, chief executive officer, Dine Brands (DIN) Global, Inc.