1100 ET - Casual-dining brand owner Dine Brands Global says consumers are feeling pinched, particularly households earning less than $75,000 that compromise two-thirds of their customers. Dine says it is disappointed with 4Q results, but saw some improvement in customer traffic later in the quarter as it pushed a value menu at IHOP and $9.99 meal deal at Applebee's. Dine's 4Q adjusted EPS missed expectations, while revenue slightly beat Wall Street views. Shares are up 2%. (heather.haddon@wsj.com; @heatherhaddon)
(END) Dow Jones Newswires
March 05, 2025 11:00 ET (16:00 GMT)
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