Dine Brands Global Inc Stock Price, News & Analysis

Dine Brands Global (NYSE: DIN), owner of Applebee's, IHOP, and Fuzzy's Taco Shop, has announced plans to refinance its existing debt through a new securitized financing facility. The refinancing targets two note series: the Series 2019-1 Class A-2-II Fixed Rate Senior Secured Notes (approximately $594 million outstanding) and the Series 2022-1 Class A-1 Variable Funding Senior Notes (with $325 million maximum principal, of which $100 million is used for loan borrowings).

The company's Series 2023-1 Class A-2 Fixed Rate Senior Secured Notes, with $500 million outstanding, will not be part of this refinancing. The proceeds from the new notes will be used to repay existing notes, cover transaction costs, and fund general corporate purposes. The new notes will be offered to qualified institutional buyers under Rule 144A and to international investors under Regulation S.

Wyndham Hotels & Resorts (WH) is enhancing its Wyndham Rewards program with two major additions: an industry-first collaboration with Applebee's and the launch of Wyndham Rewards Experiences. The new experiential platform offers member-only access to festivals, concerts, and events through partnerships with Madison Square Garden, Radio City Music Hall, Minor League Baseball, and Caesars Rewards.

Members can bid on experiences starting from 20,000 to 100,000 points, with fixed-point rewards beginning at 2,500 points. The Applebee's partnership will allow hotel guests to earn points on mobile orders with free delivery to Wyndham hotels. These enhancements follow recent program additions including the first-ever co-brand debit card from a major hotel company, expanded points + cash redemptions, and Wyndham Rewards Travel Bundles.

Applebee's (DIN) has reintroduced its popular All You Can Eat promotion at $15.99 per person for dine-in customers. The promotion features unlimited servings of Riblets, Double Crunch Shrimp, and Chicken Tenders, all served with endless fries and coleslaw. The Chicken Tenders come with a choice of eight dipping sauces, including a new Spicy Honey Mustard option.

Complementing the food promotion, Applebee's has launched new beverage options including Bacardi Buckets in three tropical flavors, Cerveza & Sips featuring a $6 Watermelon Mana Margarita with Teremana Tequila, and new Dirty Fountain Sodas with cream and whipped cream for an additional $1.

Dine Brands Global (NYSE: DIN), the parent company of Applebee's, IHOP, and Fuzzy's Taco Shop, has declared a quarterly cash dividend of $0.51 per share of common stock. The dividend will be paid on July 9, 2025, to stockholders of record as of the close of business on June 20, 2025. This dividend announcement demonstrates the company's commitment to returning value to shareholders through regular dividend payments.

Fuzzy's Taco Shop, a fast-casual+ restaurant chain owned by Dine Brands Global (NYSE: DIN), is expanding to California with its first location opening in Barstow on April 28, 2025. The new restaurant, operated by Soleimani Group, is strategically located at 1523 East Main Street, serving as a gateway for travelers to Los Angeles, Las Vegas, and the Grand Canyon.

The grand opening celebration includes a 'Free Tacos for a Year' promotion for the first 50 guests. The Barstow location will operate seven days a week, offering breakfast, lunch, and dinner, with extended hours on weekends. The menu features signature tacos with garlic aioli and feta cheese, along with breakfast items, bowls, nachos, quesadillas, and beverages including frozen margaritas.

As of December 31, 2024, Fuzzy's operates 117 restaurants across 15 states, marking this California expansion as a significant milestone in the brand's national growth strategy.