Notable Hit: (DIN:NYSE) On Tuesday August 9, 2022 Dine Brands Global, Inc. (DIN) posted better than expected revenues of $237.79mm surpassing the consensus estimate by +0.4% and in the same direction as Advan's forecasted sales. The revenue was up 1.8% YoY and in line with Advan's foot traffic data increase of 6.1% YoY at its restaurant chains for Q2 2022. As a result of beating the sales & EPS the stock opened +1.7% from previous close. Advan's footfall data has a correlation of 0.97 on a YoY basis with DIN's top-line revenue over the last 14 quarters.
