Dine Brands Global Inc Stock Price, News & Analysis

Fuzzy's Taco Shop has expanded its menu by reintroducing two popular tacos: the Spicy Chimi Fajita Taco and Saucy Brisket Poblano Taco, effective January 18. The Spicy Chimi Fajita Taco, originally launched in early 2021, ranked as the second-highest selling limited-time taco, appearing on 8.4% of checks. The Saucy Brisket Poblano Taco, introduced late 2022, gained immediate acclaim from customers. Executive Chef Josh Diekman emphasized that these tacos aim to offer unique, flavorful experiences using premium ingredients. This move could positively impact customer engagement and sales for Fuzzy's Taco Shop.

Applebee’s has launched its $6 Smoocho Mucho Sips for Valentine’s Day, featuring cocktails like the Tipsy Cupid and Date Night Daiquiri. The Mucho Cocktails, made with premium spirits and served in signature glasses, are available for both dining in and take-out. The promotion aims to attract customers looking to celebrate date night or Galentine’s Day. Applebee’s has a strong presence with 1,670 locations in the U.S. and 11 countries, franchised by Dine Brands Global Inc.

Applebee’s is welcoming the New Year by bringing back its popular All You Can Eat Boneless Wings, Riblets & Double Crunch Shrimp for a limited time at just $14.99. Guests can enjoy a variety of flavors with options to mix and match. The meal includes signature coleslaw and endless classic fries. Marketing Chief Joel Yashinsky emphasizes the value and enjoyment of this offer, which is dine-in only and excludes to-go orders. Applebee's, operated by Dine Brands Global, maintains a significant presence with 1,670 locations in the U.S. and internationally.

Dine Brands Global, Inc. (NYSE: DIN) announces key leadership changes effective January 6, 2023. John Cywinski, President of Applebee’s, departs for a CEO role at another restaurant company. Tony Moralejo, previously President of Dine Brands International and Global Development, is appointed as Applebee’s President. Scott Gladstone, Senior VP of Strategy and Innovation, will now lead International and Corporate Development. Dine Brands' CEO John Peyton expressed confidence in the leadership transition, emphasizing the management team's capabilities to drive future growth.

IHOP has appointed Arthur Carl II as Vice President of Culinary, tasked with evolving the brand's menu and enhancing customer satisfaction. With over 30 years in the food industry, Carl previously worked as VP for Culinary and Beverage R&D at Dave & Buster's, recognized for his inventive menu strategies. Carl expressed enthusiasm for contributing to IHOP's brand promise, focusing on innovative and quality menu items across various dining experiences. As of September 30, 2022, IHOP operates 1,756 restaurants worldwide, franchised by Dine Brands Global, Inc. (NYSE: DIN).

IHOP has launched a new product, the IHOP Mini Pancake Cereal – Blueberry & Syrup, in collaboration with General Mills. Available from late December, this cereal features mini pancake-shaped pieces with blueberry and syrup flavors. The launch responds to consumer demand following a viral moment in 2020. Each serving contains 13g of whole grains and vitamins, appealing to families looking for convenient breakfast options. With a strong market presence, IHOP operates over 1,756 locations globally, which will help promote this new cereal.

NRD Capital Management announced that Fuzzy’s Taco Shop has signed a definitive agreement to be acquired by Dine Brands Global for $80 million. Fuzzy's has been a growth success since NRD took a majority stake in 2016, doubling unit count and improving franchise economics. NRD’s Managing Partner emphasized the value created for all stakeholders through the partnership. The acquisition is expected to enhance Fuzzy's growth trajectory as it aligns with Dine’s expansive dining portfolio, which includes prominent brands like Applebee’s and IHOP.

Dine Brands Global, Inc. (NYSE: DIN) has agreed to acquire Fuzzy’s Taco Shop for $80 million in cash, enhancing its fast-casual brand offerings in the growing Mexican food sector. This acquisition is expected to be immediately accretive to earnings, with a net purchase price of $70 million after tax benefits. Fuzzy’s, known for its Baja-style tacos, operates 138 restaurants across 18 states and has long-term plans to nearly double its locations. The brand projects $230 million in systemwide sales for 2022, indicating strong growth potential.