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Dine Brands Global, Inc. reported financial results for Q1 2024, with a decline in total revenues primarily due to negative same-restaurant sales growth at Applebee's and IHOP. Despite challenges, the company's fundamental business model remains strong, with solid cash flow and positioning to meet guidance for the year.
IHOP collaborates with Paramount Pictures' new movie IF to unveil an imaginative new menu for a time, including Blue's Dazzleberry Pancakes and Unbelieva-Blue Soda Pop. Kids eat free from 4pm-10pm with purchase of adult entrée. The partnership celebrates the movie's magical themes and offers unique culinary creations inspired by IF. IHOP's International Bank of Pancakes rewards program offers 3x bonus PanCoins and a chance to win a screening of IF for 50 people. The menu is available from May 6 to June 16, 2024, at participating restaurants nationwide.
Applebee's brings back its popular DOLLARITA® promotion this May, offering $1 margaritas with new flavor options. Additionally, Cerveza & Sips returns with $5 Rock & Berry Rita and $9 Breaking Rock Rita. The menu also includes new Chicken & Bacon Loaded Fries. Guests can enjoy these offerings in-restaurant or through To-Go options at select locations.
Dine Brands Global, Inc. (NYSE: DIN) has reached a milestone by updating 1,500 U.S. IHOP restaurants with TRAY POS systems, enabling cloud-native technology and cost-effective hardware flexibility for franchisees. The initiative aims to enhance guest and team member experiences, improve operational efficiencies, and adapt to industry needs. With over 10,000 POS server tablets in use, the collaboration with TRAY demonstrates a shift towards smart and efficient technology in the restaurant industry.
