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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.
Dine Brands Global, Inc. (DIN) reported a 17% increase in consolidated revenues to $229.6 million for Q4 2021, with gross profit improving 43% to $96.5 million. Applebee's and IHOP both experienced year-over-year comparable same-restaurant sales growth, with Applebee's up 34.8% and IHOP up 39.2%. The GAAP earnings per diluted share were $1.14, compared to a loss of $0.10 in Q4 2020. With a cash position of $425.4 million and plans for significant capital return, the outlook remains positive despite anticipated challenges from the Omicron variant in early 2022.
Applebee's has announced the nationwide introduction of the Impossible™ Cheeseburger, expanding its menu to include a plant-based option. Alongside this, customers can enjoy a limited-time promotion where purchasing any Handcrafted Burger allows them to add five Boneless Wings for just $1. The new Impossible Cheeseburger features a plant-based patty, American cheese, lettuce, tomato, onion, and pickles. This initiative aims to provide diners with more diverse offerings, appealing to those seeking variety in their meals.
Applebee's introduces two new Mucho Cocktails™ for St. Patrick's Day: the Tipsy Leprechaun and Pot O’ Gold Colada, each priced at
Dine Brands Global, Inc. (NYSE: DIN) has announced a 15% increase in its quarterly cash dividend, now set at
Dine Brands Global (NYSE: DIN) will release its fourth quarter and fiscal 2021 financial results on March 2, 2022, before the market opens. A conference call will follow at 9:00 a.m. Eastern time on the same day. Participants can join the call by dialing (833) 528-0602 or via international line (830) 221-9708, using conference ID 3224056. A live webcast will be available on www.dinebrands.com. The call will be replayed from 12:00 p.m. Eastern time on March 2 until 12:00 p.m. on March 9, 2022.
Applebee's is celebrating the big game with a special promotion offering 20 free Boneless Wings with any delivery or To Go order over
Dine Brands Global, Inc. (NYSE: DIN) will host an investor and analyst day on March 9, 2022, in New York City. Presentations will be led by CEO John Peyton and the senior management team, starting at 9:30 a.m. ET and concluding at 1:00 p.m. ET. In-person attendance is by invitation only, but a live audio webcast will be available on www.dinebrands.com. Dine Brands operates over 3,400 restaurants globally under the Applebee's and IHOP brands, making it one of the largest full-service restaurant companies.
IHOP has launched its first-ever Month of Giving, starting February 1, culminating in National Pancake Day on March 1, 2022. Guests can donate to Children’s Miracle Network Hospitals and other local charities while enjoying a complimentary Short Stack of Buttermilk pancakes from 7 a.m. to 4 p.m. on National Pancake Day. Since the inception of this initiative, IHOP has raised over $30 million for children's hospitals. Donations can be made in various ways, including rounding up checks and purchasing wall tags. The campaign aims to enhance healthcare for children in local communities.
Dine Brands International announces plans to open multiple restaurants in the UAE, including Applebee's and IHOP, with the first location set to open in Dubai in late 2022. The new restaurants will be part of an agreement with franchisee Mohamed Makawi, an experienced IHOP operator in the U.S. The UAE is highlighted as a fast-developing market with rising tourism and demand for casual dining, making it a strategic growth area for Dine. The company currently operates about 3,440 restaurants across 16 countries.
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