Dine Brands CEO Says Consumer Sentiment Remains Low -- Market Talk

1154 ET - Consumer behavior has remained remarkably consistent over the past three years, Dine Brands CEO John Peyton says. "In the context of persistent inflation on food away from home and higher gas prices, consumer sentiment has remained low, and guests are driven by a strong value proposition where they know the full price of the meal," he says on a call with analysts. The trend has prompted Dine Brands, which owns Applebee's Neighborhood Bar + Grill and IHOP, to lean into value offerings--a move Peyton says helped boost sales in the latest quarter. "Overall, casual dining has shown resilience this year, and ultimately our performance comes down to our consistency in messaging and conviction in our strategy," he says. Shares tick up 1.7%. (connor.hart@wsj.com)

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November 04, 2026 11:54 ET (16:54 GMT)