Financial PerformanceDine Brands Global reported 2Q25 operating results that lagged consensus expectations from a gross profit, AEPS, and AEBITDA standpoint while showing stabilization in revenue trends.
Sales InitiativesThe launch of the Really Big Meal Deal at Applebee's did not significantly boost same-store sales growth as anticipated.
Store ProfitabilityThe acquired 47 lower-AUV Applebee’s locations are currently not profitable at the gross margin level, and management expects it will take until the end of FY25 for this group of stores to be approaching breakeven.