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.
Applebee’s has launched its NEW Star-Spangled Sips to celebrate the summer season, featuring $5 Mucho Cocktails like the Blue Bahama Mama and Boom Berry Daiquiri. New salads, including the Quesadilla Chicken Salad and Buffalo Chicken Wedge Salad, complement these cocktails. Guests can enjoy these drinks To Go at participating locations. Joel Yashinsky, Chief Marketing Officer, expresses excitement about these summer offerings. Applebee’s aims to provide a lively dining experience through its network of restaurants, franchised by Dine Brands Global (DIN).
IHOP has announced the pilot launch of its new fast-casual concept, flip’d by IHOP, aimed at meeting increasing consumer demand for made-to-order meals. The first location will open in New York City this summer, with additional sites in Lawrence, Kansas; Columbus, Ohio; and Dublin, Ohio planned. flip’d will offer an all-day menu inspired by IHOP favorites, featuring items like Pancake Bowls, Egg Sandwiches, and Burritos. This initiative is part of IHOP's broader strategy to diversify its restaurant formats.
Dine Brands Global (NYSE: DIN) has announced the appointment of Vance Chang as Chief Financial Officer, effective June 14, 2021. Chang previously served as CFO of Exer Urgent Care and has extensive experience in finance roles at various companies, including Oracle and Deloitte. CEO John Peyton expressed enthusiasm for Chang's strategic leadership during the company's recovery and growth trajectory. Additionally, Allison Hall has been appointed as Senior Vice President and Chief Accounting Officer, after serving as interim CFO since January 2021.
Dine Brands Global, Inc. (NYSE: DIN) reported Q1 2021 results, highlighting a strong recovery post-pandemic. Applebee's comparable same-restaurant sales rose by 11.9%, while IHOP faced a slight decline of 0.9%. The company improved its cash position, repaying $220 million from its credit facility, and ended the quarter with $272.4 million in cash. GAAP earnings per diluted share increased to $1.51 from $1.31 in Q1 2020, driven by greater gross profit, despite rising expenses. The company remains cautious about 2021 due to potential COVID-19 impacts and has revised capital expenditure projections to $19 million.
IHOP® has launched its new Steakhouse Premium Bacon as part of the Bacon Obsession menu, marking it as the first national family dining restaurant to offer this unique dish. This thick-cut bacon, five times thicker than regular options, is seasoned with a maple glaze. For a limited time, it can be added to breakfast combos for $1.49. The Bacon Obsession menu features seven new items, including the Steakhouse Premium Bacon Burger and Maple Bacon Milkshake, showcasing IHOP's commitment to innovative dining at an affordable price.
Dine Brands Global, Inc. (NYSE: DIN) will announce its Q1 2021 financial results on May 5, 2021, prior to market opening. A conference call to discuss the results is scheduled for the same day at 9:00 a.m. Pacific time. Interested participants can join by dialing (833) 528-0602 or (830) 221-9708 for international calls. A live webcast will be available on the company’s website. A replay will be accessible from 12:00 p.m. Pacific time on May 5 to May 12. Dine Brands operates around 3,500 restaurants globally.
IHOP® has announced plans to hire 10,000 new employees for its franchised locations in the coming months, coinciding with the National Recruiting Day on May 19. The hiring campaign focuses on both part- and full-time positions across over 1,600 restaurants. Interested candidates can view available openings at www.ihop.com/careers. In light of the pandemic, IHOP has implemented health protocols to ensure safety during the hiring process, underscoring its commitment to staff readiness as the restaurant industry rebounds.
