DineEquity Inc. (DIN), the parent company of Applebee's Neighborhood Grill & Bar and IHOP Restaurants, reported third-quarter net income available to stockholders of $7.877 million compared to a net loss of $16.411 million last year. Earnings per share available to shareholders was $0.46 compared to a net loss of $0.98 per share last year.
Net income available to stockholders, as adjusted, was $9.261 million compared to a loss of $1.366 million last year. Adjusted earnings per share available to stockholders was $0.55 compared to a loss of $0.08 per share prior year.
On average, 7 analysts polled by Thomson Reuters expected the company to report profit of $0.30 per share for the quarter. Analysts' estimates typically exclude special items.
Total revenues decreased to $333.551 million from $391.181 million a year ago. Analysts expected revenue of $337.23 million for the quarter.
IHOP Restaurants' domestic system-wide same-store sales decreased 1.1% and Applebee's domestic system-wide same-tore sales decreased 6.5%.
The company reiterated IHOP Restaurants' domestic system-wide same-store sales performance expectations to range between positive 1% and negative 1% for the full year 2009.
The company revised Applebee's domestic system-wide same-store sales performance expectations to perform at the lower end of the previously expected range of between negative 2% to negative 5% for the full year 2009.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.