Welcome to our dedicated page for Dine Brands Global news (Ticker: DIN), a resource for investors and traders seeking the latest updates and insights on Dine Brands Global stock.
Dine Brands Global Inc (DIN), parent company of IHOP and Applebee's, maintains this dedicated news hub for investors and industry observers. Access official press releases and curated updates about this leading restaurant franchisor's strategic initiatives, financial performance, and brand developments.
This resource provides timely updates on franchise expansion, menu innovation, and operational milestones across DIN's portfolio. Track quarterly earnings disclosures, leadership announcements, and partnership developments that shape the company's position in casual dining. Regular updates cover both IHOP's family-focused offerings and Applebee's neighborhood grill concepts.
Key content categories include financial results, franchisee network updates, brand revitalization efforts, and corporate responsibility initiatives. The curated format ensures efficient tracking of DIN's progress in maintaining its 99%-franchised business model while adapting to market trends.
Bookmark this page for streamlined access to DIN's latest developments. Combine these updates with SEC filings and market analysis for comprehensive investment research into this franchising-focused restaurant operator.
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.
Dine Brands International has announced the opening of its first IHOP location in Nassau, The Bahamas, scheduled for late 2022. This initiative follows an agreement with Bahamas Limited, which includes plans for 16 IHOP restaurants across the Caribbean in the upcoming years. The new IHOP aims to cater to both locals and tourists, offering a casual dining experience with signature menu items and special offerings for children and seniors. The expansion highlights Dine Brands' commitment to growth in strategic markets, including North America and the Caribbean.
Applebee's introduces new $5 Mucho Cocktails™ including Tipsy Cupid and Date Night Daiquiri, aimed at enhancing the dining experience for Valentine's Day and beyond. These cocktails feature premium spirits and are available for dine-in or takeout. Patrick Kirk, VP of Beverage Innovation, emphasizes the connection of love with these drink options. As of September 30, 2021, Applebee's operates 1,689 restaurants in the U.S. and beyond, franchised by Dine Brands Global (NYSE: DIN), a leading full-service restaurant company.
Applebee's has introduced the Bill Palmer Legacy Scholarship to honor its late founder, Bill Palmer. This initiative will award annual scholarships to 100 current team members and their children, facilitating access to continued education. The scholarship application period runs from
Dine Brands International has launched its first virtual IHOP location in Toronto, Canada, in collaboration with Ghost Kitchen Brands. This new kitchen model focuses on takeout and delivery, catering to the rising demand for off-premise dining options. Customers can now enjoy a variety of IHOP's menu items, including pancakes and breakfast combos, through a direct ordering platform and third-party delivery services. This initiative highlights the brand's commitment to innovation and accessibility, addressing the changing preferences of consumers.
Applebee's has launched a limited-time Cheetos-inspired menu featuring crispy boneless wings and cheese bites, available for dine-in and take-out across the U.S. The new items are tossed in original or Flamin’ Hot sauces and topped with crunchy Cheetos crumbles. Alongside this launch, Applebee’s introduces the Shirtkin, a napkin-like shirt for easier wing enjoyment. The promotion aims to engage customers on social media, rewarding select fans with the Shirtkin. This menu extension is influenced by Cosmic Wings, a delivery-only brand.
Dine Brands Global, Inc. (NYSE: DIN) announced its participation in two investor conferences. The first is the Deutsche Bank’s Gaming, Lodging, Leisure & Restaurants One-on-One Conference on November 19, 2021, in Miami Beach, Florida, which will not be webcast. The second event is a virtual fireside chat at the Barclays Eat, Sleep, Play Conference on December 2, 2021, at 9:00 a.m. Pacific time. The discussion will be accessible via a live webcast through the company's website.
Dine Brands operates Applebee's and IHOP with approximately 3,440 restaurants worldwide.
Dine Brands Global (NYSE: DIN) reported strong third-quarter 2021 results, with both Applebee's and IHOP exceeding pre-pandemic sales levels. Average weekly unit sales rose to $51.4K for Applebee's and $36.2K for IHOP, marking 114.2% and 101.4% recoveries from Q3 2019, respectively. The company achieved GAAP earnings per diluted share of $1.33, up from $0.60 in Q3 2020, driven by a 48% increase in EBITDA. A dividend of $0.40 per share was declared for Q4 2021, and share repurchases are set to resume. Total cash on hand stands at $385.2 million, enabling continued investment in growth.
Applebee's will honor Veterans Day on November 11 by offering a complimentary full-size entrée from an exclusive menu to veterans and active military personnel. This initiative marks the 14th year of the program, during which Applebee's has provided over 10.3 million free meals nationwide. Guests will also receive a $5 bounce-back card for future dining. More than 1,500 locations will participate, requiring proof of military service to redeem the offer.
Applebee's has launched its holiday offerings, introducing the $5 Sleigh Bell Sips cocktails, including the Tipsy Reindeer and Strawberry Merry Swirl. The promotion runs alongside a holiday gift card deal: buy a $50 gift card, get a $10 bonus card, valid through January 2, 2022. These festive cocktails can be enjoyed in-restaurant or to-go at participating locations. The initiative aims to enhance customer experience during the festive season, leveraging the popularity of affordable beverages and engaging promotions to attract guests.
