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Dine Brands Global, Inc. (NYSE: DIN) is a leading multi-brand restaurant company that owns and franchises thousands of dining establishments primarily in the United States. With its headquarters in Pasadena, California, Dine Brands Global operates two iconic American restaurant brands: Applebee's Neighborhood Grill + Bar and International House of Pancakes (IHOP).
Core Business: The company's core business involves earning revenue through franchise operations, rental operations, financing operations, and company-operated restaurant operations. Franchise operations make up the majority of the revenue, with royalty revenue from franchisees accounting for roughly three-quarters of the total company revenue. Dine Brands also leases restaurant sites to franchisees, adding another significant revenue stream.
Recent Achievements: Dine Brands has recently expanded its operations through innovative partnerships and new ventures. A notable recent collaboration is with Virtual Dining Concepts, which has enabled IHOP to offer new virtual brands such as NASCAR Refuel Tenders & Burgers and MLB Ballpark Bites Presented by Mastercard. These virtual brands are available for delivery from numerous IHOP locations across the country, attracting a wider audience and driving incremental sales.
Current Projects: Dine Brands continues to innovate and expand its presence. The company is focused on enhancing its off-premise channels to boost sales during non-peak hours like lunch, dinner, and late night. This strategy includes the implementation of new virtual dining brands that cater to modern consumer preferences.
Partnerships: In addition to its partnership with Virtual Dining Concepts, Dine Brands has collaborated with major organizations such as NASCAR and Major League Baseball to develop new food concepts. These partnerships underscore the company’s commitment to delivering exceptional dining experiences and expanding its market reach.
Financial Condition: Dine Brands Global is financially robust, thanks to its strategic focus on franchising and brand revitalization. The company’s 99%-franchised system of over 3,600 Applebee's and IHOP restaurants in 18 countries demonstrates its extensive and successful franchising model.
Significance: As reported by Nation's Restaurant News, Applebee's and IHOP are category leaders in casual and family dining. The company’s proven expertise in brand revitalization and franchising has solidified its position as a formidable player in the restaurant industry.
Overall, Dine Brands Global, Inc. stands out for its visionary leadership, strategic partnerships, and unwavering commitment to enhancing value for its shareholders, franchisees, and team members.
Applebee’s restaurants nationwide are celebrating the 18th consecutive year of fundraising for pediatric cancer research through a partnership with Alex’s Lemonade Stand Foundation. From now until August 21, 2022, Applebee’s will donate 25 cents from every lemonade sold on National Lemonade Day (August 20). Since 2005, the initiative has raised over $13.2 million for ALSF. Guests can also support the cause by purchasing digital lemons or making online donations. Applebee’s aims to bolster support for pediatric cancer research amid ongoing funding challenges.
Applebee’s has announced the return of its popular Surf ‘n’ Turf promotion, allowing customers to enjoy any steak entrée and add a Dozen Double Crunch Shrimp for just
Dine Brands Global, Inc. (NYSE: DIN) will release its financial results for Q2 2022 on August 9, 2022, before the market opens. A conference call to discuss the results and business outlook is scheduled for the same day at 9:00 a.m. ET. Interested participants can access the call via the company’s website or by phone through a provided registration link. Dine Brands operates over 3,400 restaurants globally under the Applebee's and IHOP brands, making it a significant player in the full-service restaurant sector.
Dine Brands Global has secured a long-term lease at 10 West, marking its relocation to Old Pasadena. This significant move sees the company occupying 92,000 square feet in a new Class A office building, part of Pasadena's first office development in three decades. The headquarters shift from Glendale is expected to bolster Dine Brands' operations, supported by new amenities and accessibility. The development is a pivotal milestone for both Dine Brands and the Pasadena area, promising growth opportunities in a prime location.
Applebee’s has launched a new late-night promotion featuring half-off appetizers during select hours, enhancing its late-night offerings. This deal applies to popular items like Boneless Wings, Mozzarella Sticks, and the new Brew Pub Loaded Waffle Fries. Designed to attract customers and provide value, the promotion aims to create a fun dining experience while being wallet-friendly. The initiative reflects Applebee's commitment to customer satisfaction and aims to boost evening traffic to its 1,676 locations.
Applebee’s introduces two new cocktails, the All-American Mucho and Blue Bahama Mama, priced at
Dine Brands Global, Inc. (NYSE: DIN) has achieved its first Great Place to Work Certification™, highlighting its commitment to workplace culture. This recognition stems from employee feedback, with over 90% feeling treated fairly and 88% believing they make a difference. In 2021, Dine promoted over 50 team members and launched initiatives to enhance employee experience, including paid volunteer time and updated tuition reimbursement. CEO John Peyton emphasized the importance of creating a workplace where authenticity and diversity are celebrated.
Applebee’s announces the launch of its NEW Mucho Cocktails™ for summer, featuring $5 drinks inspired by Dwayne “The Rock” Johnson’s Teremana Tequila. The two cocktails, Sunset Mana Rita and Tipsy Shark, offer guests exciting tropical flavors, available for a limited time. This promotion aims to attract patrons during peak margarita season. The cocktails can be ordered To-Go at participating locations. Applebee’s continues to enhance its menu offerings while leveraging partnerships with celebrities to boost guest interest.
Applebee’s is partnering with Paramount Pictures to celebrate the release of Top Gun: Maverick by offering a promotion that provides guests with a free Fandango movie ticket. Customers spending $25 or more on qualifying purchases from May 16 to June 12, 2022, will receive one movie ticket, or two tickets with a purchase of $50 or more. The initiative aims to enhance the dining experience while attracting customers to Applebee’s locations, which are strategically situated near theaters.
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