Applebee’s, IHOP Sees Improvement, Outback Has Mixed Performance

Consumers are being pickier when it comes to eating out.

Dine Brands Global posted a smaller second-quarter profit but noted improving sales at its Applebee's and IHOP restaurants.

However, fellow restaurant operator Bloomin' Brands expects a rocky second-half of the year as it cut its full-year adjusted outlook despite a better-than-expected second-quarter.

Bloomin', which owns Outback Steakhouse, Bonefish Grill and Carrabba's, on Wednesday forecast third-quarter comp sales to be flat to down 1%, and expects a loss of between...

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