DIN May 2024 45.000 call
| Previous Close | 0.5500 |
| Open | 0.2000 |
| Bid | 0.1500 |
| Ask | 0.3000 |
| Strike | 45.00 |
| Expire Date | 2024-05-17 |
| Day's Range | 0.2000 - 0.2000 |
| Contract Range | N/A |
| Volume | |
| Open Interest | 153 |
- Yahoo Finance Video
Affirm stock sinking, Good Buy or Goodbye: Market Domination
Stocks (^DJI, ^IXIC, ^GSPC) search for direction ahead of Wednesday's market close with the Dow Jones Industrial Average holding in the green. After topping fiscal third-quarter revenue estimates and narrowing expected losses per share, Affirm shares (AFRM) are now sinking in the afternoon and analysts have an idea of what the cause is. Tripadvisor (TRIP), Teva Pharmaceutical Industries (TEVA), and Dutch Bros (BROS) are also reporting earnings. Defiance ETFs CEO and CIO Sylvia Jablonski joins Market Domination for the latest installment of Yahoo Finance's Good Buy or Goodbye to talk about the latest trend in clean energy investing: Uranium. Dine Brands (DIN) CEO John Peyton — whose company owns IHOP and Applebee's — discusses consumer spending patterns at his restaurants. This post was written by Luke Carberry Mogan.
- Yahoo Finance Video
Applebee's, IHOP see sales slump as consumer wallets tighten
Dine Brands' (DIN) latest quarter saw same-store sales fall year-over-year across its brands like Applebee's and IHOP, signaling a shift in consumer dining habits. Dine Brands CEO John Peyton joins Market Domination to discuss the company's earnings and the weight of inflation on American households. "It was a tough quarter for our brands as well as for the industry overall," Peyton tells Josh Lipton and Brooke DiPalma. Dine Brands saw a decline in the frequency of consumers who earn $50,000 or less annually, largely due to inflation driving more cost-conscious behaviors. When these consumers did come into Dine Brands' restaurants, it was often during promotions, which Peyton explains signals a "value-driven moment for the restaurant industry." Dine Brands is also rolling out new initiatives to automate certain functions and features of its restaurants. "We're not a technology company. We're a restaurant company that embraces technology, and our technology is all about helping our servers or our back-of-house staff be more efficient," Peyton says, highlighting a new point-of-sale system at IHOP that allows servers to spend more time with guests and also turn tables around faster. While the company is embracing these technology advancements, Peyton stresses that phasing out human workers is not an objective. "Our guests are not the highest earners in the country. And when they choose to spend $35, which is the average check at Applebee's, that's a big decision for them, and interacting with another person serving them is a big part of the experience," he explains. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Melanie Riehl
Insider MonkeyDine Brands Global, Inc. (NYSE:DIN) Q1 2024 Earnings Call Transcript
Dine Brands Global, Inc. (NYSE:DIN) Q1 2024 Earnings Call Transcript May 8, 2024 Dine Brands Global, Inc. misses on earnings expectations. Reported EPS is $1.17 EPS, expectations were $1.59. Dine Brands Global, Inc. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). […]
