Dine Brands GlobalNYSE: DIN

It's a tale of two markets in the restaurant space right now. Some fast-casual chains, such as Cava Group (NYSE: CAVA ), are soaring to new all-time highs.

Dine Brands continues to perform poorly with the Q1 results, also casting doubt on the reaffirmed 2024 financial guidance. Underneath, there are important fundamental factors driving the weak performance especially for Applebee's and Fuzzy's, and I don't see an improvement in sight. Despite trading at a forward P/E of just 6.1, the valuation isn't attractive due to the underlying operational performance.

Zane Tankel, Apple-Metro Chairman & CEO, joins 'Fast Money' to discuss how rising costs are impacting the restaurant industry.

IRVING, Texas--(BUSINESS WIRE)--Fuzzy's Taco Shop®, the fast-casual+ restaurant brand serving Mexican favorites with a splash of Baja, recently announced the signing of two multi-unit development agreements to mark the brand's expansion throughout Arizona and Texas. The deals will bring 40 new restaurants to market over the next eight years, reinforcing the brand's incredible potential for growth. "Fuzzy's has transformed from a single neighborhood taco shop with a chill vibe in Fort Worth, Tex.

IRVING, Texas--(BUSINESS WIRE)--Sip your way into summer at Fuzzy's Taco Shop with the highly anticipated return of the Bomb-a-'Rita! For a limited time, guests can toast to warmer days with this festive drink available now through July 7, 2024. * The Bomb-a-'Rita features a frozen margarita layered with strawberry puree and blue curacao, and the eye-popping cocktail is garnished with a classic red, white and blue frozen popsicle, which bartenders dunk upside-down into the drink. A fan favorite.

As the market continues to climb despite various concerns, the idea of purchasing cheap stocks may seem less important. Nevertheless, with numerous options available, it is impossible to give equal attention to every company.

At Zacks, we prioritize the reliable Zacks Rank system, which places importance on earnings estimates and revisions to identify top stocks. However, we also closely monitor current value, growth, and momentum trends to highlight strong selections.

Dine Brands (DIN) fourth-quarter fiscal 2023 bottom line is aided by a boost in segment profit, as well as a reduction in general and administrative expenses.

Although the revenue and EPS for Dine Brands (DIN) give a sense of how its business performed in the quarter ended December 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.