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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. (NYSE: DIN) has declared a cash dividend of $0.40 per share for Q4 2021, payable on January 7, 2022. Stockholders on record by December 20, 2021 will receive this dividend. Additionally, the company plans to resume opportunistic stock repurchases, enhancing shareholder value. Dine Brands operates around 3,440 restaurants across 16 countries under the Applebee's and IHOP brands, indicating a robust market presence and potential for future growth.
IHOP® unveiled its new Hand-Crafted Melts sandwiches, expanding its menu for evening and portable dining options. This lineup includes seven varieties, featuring high-quality ingredients like 100% Black Angus steak and all-natural roasted turkey. Starting at $9.99, guests can enjoy these sandwiches with sides like French fries or buttermilk pancakes. IHOP's strategy aims to enhance off-premise sales, currently over 25% of its total business. This innovation reflects IHOP's commitment to offering craveable, convenient meal choices.
Dine Brands Global, Inc. (NYSE: DIN) will announce its third quarter 2021 financial results on November 4, 2021, before the market opens. A conference call to discuss the results is scheduled for 9:00 a.m. Eastern time on the same day. Interested participants can listen to the live webcast on the company's website. Dine Brands operates over 3,400 restaurants under the Applebee's and IHOP brands across 16 countries.
Applebee’s is offering a special promotion where guests can add a dozen Double Crunch Shrimp to any steak entrée for just
Applebee's launches its Halloween celebration with the return of $5 Mucho Cocktails™ known as Spooky Sips. The special cocktails include Dracula’s Juice and Tipsy Zombie, each priced at
Applebee's has partnered with PepsiCo to launch an exclusive beverage, MTN DEW Dark Berry Bash, available at 1,500 locations across the U.S. this fall. This new flavor, combining blue raspberry and blackberry with MTN DEW's signature citrus, will coincide with National Cheeseburger Day on
IHOP has named 8-year-old Rayaan from Orange County, Calif. as the 2021 Kid Chef Champion for his Caramel Apple a la Mode pancake recipe. The pancakes, available nationwide from September 13 to October 31, 2021, will generate $1 from each order to benefit Children's Miracle Network Hospitals and The Leukemia & Lymphoma Society. This initiative supports pediatric medical care, innovative research, and essential medical equipment. Over the past 15 years, IHOP has raised over $30 million for children's health charities.
Dine Brands Global, Inc. (NYSE: DIN), parent company of Applebee's and IHOP, will participate in a fireside chat at C.L. King’s 19th Annual Best Ideas Conference on September 14, 2021, at 2:00 p.m. ET. A live webcast will be available on the company’s website, allowing participants to access the presentation 10 minutes prior and ensure they have necessary software. Dine Brands is a leading player in the full-service restaurant industry, operating approximately 3,440 restaurants in 16 countries.
IHOP has appointed Jacob Barden as Vice President of Development and Michael Kaufman as Vice President of Strategy and Business Analytics, effective August 2021. Barden brings over 15 years of experience in the hospitality sector, focusing on franchise and revenue growth, while Kaufman has nine years at L.E.K. Consulting. Their hiring completes IHOP's new executive leadership team, which aims to drive growth through comprehensive development strategies and enhanced analytics to optimize performance.
Dine Brands Global has appointed Martha C. Poulter as an independent member of its Board of Directors. Poulter, 54, is currently Senior Vice President and Chief Information Officer at Royal Caribbean Group. Previously, she was Executive Vice President and CIO at Starwood Hotels and Resorts, leading their technology strategy. With 32 years of experience in IT and consumer-focused industries, her appointment reflects Dine's commitment to a technology-driven future.
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