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 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.