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. reports developments across a restaurant platform built around Applebee’s Neighborhood Grill + Bar, IHOP and Fuzzy’s Taco Shop. Company news commonly covers quarterly results, comparable restaurant sales, franchise activity, company-owned restaurants, dividends, capital allocation priorities and restaurant development initiatives across its largely franchised model.
Brand-level updates often focus on Applebee’s casual dining promotions, beverage programs, off-premise ordering and limited-time menu launches, along with Fuzzy’s Taco Shop fast-casual menu activity. Dine Brands also reports business responsibility initiatives tied to people, food, governance, communities and franchisee operations.
Dine Brands Global, Inc. (NYSE: DIN) has declared a quarterly cash dividend of $0.51 per share of common stock. This dividend payment is set for January 6, 2023, to stockholders on record by the close of business on December 20, 2022. As a leading full-service restaurant company, Dine Brands operates over 3,400 locations across 16 countries, including its popular brands, Applebee's and IHOP.
Applebee’s is introducing three new Sizzlin’ Skillets: Chicken & Shrimp Scampi, Cheddar Bacon & Chicken, and Garlic Parmesan Sirloin, starting at $10.99. These additions complement existing favorites like Bourbon Street Chicken & Shrimp and Bourbon Street Steak. The new items aim to attract diners this winter, providing a hot and affordable dining experience. Guests can enjoy these offerings through Dine-In, To Go, or Delivery options.
Applebee's has launched its NEW festive $6 Mucho Cocktails, including the Tipsy Reindeer and Berry Merry Colada. These cocktails are designed to celebrate the holiday season, with the Tipsy Reindeer featuring Smirnoff Vodka and the Berry Merry Colada combining Captain Morgan with strawberry and melon liqueurs. Guests can enjoy these drinks in restaurant or To Go. According to Patrick Kirk, vice president of beverage innovation, these cocktails are ideal for holiday gatherings. As of September 30, 2022, Applebee's operates 1,670 restaurants in the U.S. and internationally.
Applebee’s will honor Veterans and Active Duty Military on November 11 by offering a complimentary full-size entrée at over 1,500 locations in the U.S.. This marks the 15th consecutive year of this initiative, with a total of 10.8 million free meals served since 2008. Guests can choose from seven popular entrées, including Top Sirloin and Classic Bacon Cheeseburger. Additionally, each veteran will receive a $5 Bounce Back Card for future dining. This gesture reinforces Applebee's commitment to supporting service members.
Dine Brands Global, Inc. (NYSE: DIN) reported robust financial results for Q3 2022, showcasing continued strength from Applebee's and IHOP. Applebee's comparable restaurant sales rose 3.8%, while IHOP's increased 1.9%. Total revenues reached $233.2 million, up from $228.7 million YoY, driven by positive comparable sales. Consolidated adjusted EBITDA stood at $63.6 million. However, G&A expenses rose to $46.3 million due to strategic investments. The company announced a quarterly dividend of $0.51 per share and repurchased 140,997 shares, reflecting its commitment to shareholder value.
Applebee's appoints Chef Scott Rodriguez as Senior Vice President and Chief Culinary Officer, enhancing its culinary leadership and innovation. Chef Rodriguez, with over 20 years in casual dining, previously worked with brands like Papa John's and BJ's Restaurants. He emphasizes guest focus and operational excellence, planning to engage with teams and guests during his initial months. His role will also include participation in Operations and Marketing Committees to align future culinary innovations. Applebee's operates 1,673 restaurants across the U.S. and internationally through Dine Brands Global (NYSE: DIN).
Applebee's is rolling out a special promotion for Halloween on October 31, offering FREE Boneless Wings with any online purchase of $30 or more. This deal is available for delivery or To Go orders through Applebees.com or the mobile app. Guests can choose from several wing sauces and enjoy additional dipping options. The promotion is valid only at participating locations, with certain restrictions.
IHOP® awarded Maaza Henry as Franchisee of the Year for 2021 during its 2022 Global Franchisee Conference. With 24 years at IHOP, Henry operates two restaurants in North Carolina and is recognized for her leadership and dedication to guest service, achieving excellent Guest Relations results. IHOP's president, Jay Johns, praised her as a role model for franchisees. Beyond her business success, Henry is acknowledged for her community involvement, providing meals to local organizations. As of March 31, 2022, there are 1,751 IHOP restaurants worldwide, under Dine Brands Global, Inc. (NYSE: DIN).
Dine Brands Global, Inc. (NYSE: DIN) will report its third-quarter 2022 financial results on November 2, 2022, before market open. A conference call to discuss these results and the company's outlook will take place on the same day at 9:00 a.m. Eastern Time. Dine Brands operates over 3,400 restaurants under the Applebee's and IHOP brands, serving customers across 16 countries. The event will also be available as a live webcast on the company's investor relations page.
IHOP introduces its new Thick ‘N Fluffy French Toast, available in flavors such as classic, strawberry banana, and lemon ricotta mixed berry. Guests can enjoy this dish for just 10 PanCoins at participating locations. The brand also unveils an all-day menu highlighting lighter and indulgent meals, featuring items like Plant-Based Sausage and All-Natural Atlantic Salmon. Additionally, IHOP has eliminated high fructose corn syrup from its syrups, enhancing meal quality.