Dine Brands reports Q4 EPS 1.34, consensus $1.24

Reports Q4 revenue $208.00M , consensus $215.84M . Reports Q4 Applebee’s SSS up 1.7% Total 2022 revenues were $909.4 million compared to $896.2 million for the prior year. The increase was primarily due to strong comparable same restaurant sales growth at both brands and the net addition of new units, partially offset by the sale of the 69 company-operated Applebee’s units in Q4. "The common denominator in the solid quarter and full-year results was the hard work of our entire team, from our franchisees to our creative and agile brand leaders," said John Peyton, chief executive officer of Dine Brands Global, Inc. "Despite ongoing economic pressures and uncertainties, our value-oriented brands reliably continue to meet our customers’ needs and expectations. In tandem with supporting and investing in our brands, we have also taken actions to strengthen our business and create shareholder value, via the acquisition of Fuzzy’s Taco Shop and through the incremental and accretive retirement of our long-term debt and repurchase of shares."