The Latest Breaking News from Dine Brands

The restaurant sector could be the next to be disrupted by rising use cases for artificial intelligence.

The restaurant industry is well-positioned for growth convenience offered by fast-casual restaurants and advanced technology integration. So, let’s analyze restaurant stocks, Dine Brands Global (DIN) and Jack in the Box (JACK), to determine which restaurant stock is cooking up better returns. Read on.

Dine Brands Global Inc (NYSE:DIN) reported first-quarter FY22 sales growth of 12.8% year-on-year to $230.42 million, marginally beating the consensus of $230.08 million. Domestic same-restaurant sales for Applebee's rose 14.3% and IHOP's increased 18.1% versus last year. Gross profit grew 9% Y/Y to $92.8 million. Adjusted EBITDA rose 12.2% Y/Y to $65.2 million.…

Just Kitchen Holdings Corp (OTC:JKHCF) has signed an agreement with Dine Brands Global Inc (NYSE:DIN) to sell IHOP's food items from multiple ghost kitchen locations. Through its seven ghost kitchen locations in Taiwan, Just Kitchen will provide IHOP's Pancakes, Breakfast Combos, Omelettes, Burritos, Bowls, and more. The seven locations are selected by the company's Data…