Dine Brands Global Inc Stock Price, News & Analysis

IHOP has launched a new brand campaign titled “Let’s Put a Smile on Your Plate,” which will debut on April 11. The campaign emphasizes quality food and creates a joyful atmosphere, highlighted by the red smile from IHOP's logo. Pereira O'Dell has been appointed as the creative agency of record, responsible for various marketing efforts. The campaign includes television spots and online promotions, showcasing new menu items like Extra Cheesy Omelettes and Protein Pancakes. Additionally, IHOP introduced a loyalty program aimed at enhancing customer engagement.

Dine Brands Global, Inc. (DIN) reported a 17% increase in consolidated revenues to $229.6 million for Q4 2021, with gross profit improving 43% to $96.5 million. Applebee's and IHOP both experienced year-over-year comparable same-restaurant sales growth, with Applebee's up 34.8% and IHOP up 39.2%. The GAAP earnings per diluted share were $1.14, compared to a loss of $0.10 in Q4 2020. With a cash position of $425.4 million and plans for significant capital return, the outlook remains positive despite anticipated challenges from the Omicron variant in early 2022.

Applebee's has announced the nationwide introduction of the Impossible™ Cheeseburger, expanding its menu to include a plant-based option. Alongside this, customers can enjoy a limited-time promotion where purchasing any Handcrafted Burger allows them to add five Boneless Wings for just $1. The new Impossible Cheeseburger features a plant-based patty, American cheese, lettuce, tomato, onion, and pickles. This initiative aims to provide diners with more diverse offerings, appealing to those seeking variety in their meals.

Applebee's introduces two new Mucho Cocktails™ for St. Patrick's Day: the Tipsy Leprechaun and Pot O’ Gold Colada, each priced at $5. Made with premium spirits, these cocktails aim to enhance the festive experience for guests. The drinks are available to enjoy in-house or as To Go orders at participating locations. Patrick Kirk, VP of beverage innovation, emphasizes the excitement surrounding this holiday season, suggesting it’s a perfect time for social gatherings.

Dine Brands Global, Inc. (NYSE: DIN) has announced a 15% increase in its quarterly cash dividend, now set at $0.46 per share, payable on April 1, 2022. Shareholders of record as of March 21, 2022, will receive this dividend. Additionally, the Board has approved a new $250 million share repurchase program, replacing the previous program which had $66 million remaining as of December 31, 2021. This move indicates a strong commitment to returning value to shareholders.

Dine Brands Global (NYSE: DIN) will release its fourth quarter and fiscal 2021 financial results on March 2, 2022, before the market opens. A conference call will follow at 9:00 a.m. Eastern time on the same day. Participants can join the call by dialing (833) 528-0602 or via international line (830) 221-9708, using conference ID 3224056. A live webcast will be available on www.dinebrands.com. The call will be replayed from 12:00 p.m. Eastern time on March 2 until 12:00 p.m. on March 9, 2022.

Applebee's is celebrating the big game with a special promotion offering 20 free Boneless Wings with any delivery or To Go order over $40. This limited-time offer is available on February 13, 2022 and can be redeemed online at Applebees.com or the mobile app using promo code BIGGAME22. Guests can choose from various wing flavors, and the deal is aimed at enhancing the game day experience. Applebee's operates 1,689 restaurants in the U.S., making it a significant player in casual dining.