Dine Brands: 2Q Earnings Snapshot
GLENDALE, Calif. (AP) _ Dine Brands Global Inc. (DIN) on Wednesday reported second-quarter net income of $12.7 million.
The Glendale, California-based company said it had profit of 69 cents per share. Earnings, adjusted for non-recurring costs, were $1.03 per share.
The parent company of Applebee’s and IHOP restaurants posted revenue of $184.5 million in the period.
Dine Brands expects full-year earnings in the range of $4.95 to $5.25 per share.
Dine Brands shares have risen 40 percent since the beginning of the year. The stock has increased 73 percent in the last 12 months.