Dine Brands Global Inc Stock Price, News & Analysis

Applebee's is set to delight fans with a special promotion for the big game on February 7, 2021. The restaurant chain will give away 1.6 million FREE Boneless Wings to customers who place To Go or Delivery orders of $40 or more, using promo code BIGGAME. Alongside the wings, Applebee's is offering a $0 delivery fee for the day. This promotion follows a successful wings giveaway from the previous year, further emphasizing Applebee's commitment to enhancing the dining experience for sports fans.

IHOP has launched its new Burritos & Bowls menu, featuring six unique flavor combinations available for breakfast, lunch, and dinner. Priced from $5.99, options include The Classic and Spicy Poblano Fajita, emphasizing portability and fresh ingredients. This innovation taps into the growing demand for burritos, recognized as the fastest-growing breakfast item in the U.S. The menu caters to various tastes and is designed for easy takeout or dining in.

Applebee’s introduces a limited-time offer pairing a dozen Double Crunch Shrimp with any steak entrée for just $1. Available for dine-in, delivery, or Carside To Go, this promotion highlights their commitment to customer satisfaction. Additionally, new $5 Snowy Sips cocktails are launched, featuring tropical flavors. Applebee’s aims to enhance guest experience this season with these appealing deals, as noted by CMO Joel Yashinsky. This approach aligns with their strategy to offer affordable, craveable dining options, reinforcing their presence in the casual dining market.

Applebee's has launched its holiday season promotions, featuring a new 2 for $20 Value Menu that includes items like the Southwest Steak Bowl. Guests can also enjoy $5 Sleigh Bell Sips cocktails. Additionally, for every $50 gift card purchased, customers will receive a $10 bonus card valid until February 28, 2021. The promotion reflects Applebee’s commitment to providing affordable dining options while maintaining safety protocols during the holiday season. The 2 for $20 menu is available at participating locations for a limited time.

Dine Brands Global reported financial results for Q3 2020, showing significant challenges due to COVID-19. Applebee's comparable same-restaurant sales declined by 13.3%, while IHOP faced a 30.2% decline. However, both brands demonstrated improvement over recent weeks. The company recorded GAAP earnings per share of $0.60, down from $1.36 in Q3 2019. Net income fell to $10 million compared to $23.9 million last year. With 97% of restaurants operational, the company emphasizes its focus on off-premise sales, which accounted for over 34% of total sales.

Applebee's is celebrating Halloween with a special offer on October 31. Customers can receive a FREE order of Boneless Wings with any purchase of $30 or more for To Go or delivery through Applebees.com. Each order comes with ranch dressing and celery and can be tossed in various sauces like Classic Hot Buffalo or Honey BBQ. Additionally, a FREE Chips and Queso appetizer is available with any online order of $20 or more. Both offers require coupon codes at checkout and are valid for a limited time.

IHOP has expanded its franchisee portfolio with the acquisition of 41 restaurants by Suncakes, LLC, led by Guillermo Perales. These locations are spread across Tennessee, North Carolina, Virginia, and South Carolina, previously owned by CFRA Holdings. This marks Suncakes' first IHOP management experience. Sun Holdings is one of the largest restaurant franchisee groups in the U.S., managing over 1,000 locations and creating over 22,000 jobs. The deal's financial details remain undisclosed, but IHOP's president expresses confidence in Suncakes' expertise to enhance the brand's growth.

Dine Brands Global, Inc. (NYSE: DIN) is set to release its third quarter 2020 financial results on October 28, 2020, before the stock market opens. The company will hold a conference call at 9:00 a.m. Pacific Time on the same day to discuss these results. Participants can join the call by dialing (833) 528-0602 (U.S.) or (830) 221-9708 (international), using the ID number 9698674. A live webcast will also be available on their website, along with a replay option post-call.

IHOP has launched its first-ever afternoon and evening value menu called IHOPPY Hour, effective today at select locations. Available daily from 2 PM to 10 PM, the menu features entrees priced at $5 or $6, $3 snacks, and beverages for $1 or $1.50. This initiative aims to provide affordable dining options during challenging economic times, with a variety of popular items like Chicken & Pancakes and Classic Steakburger. IHOPPY Hour will gradually expand to more restaurants and be available for to-go orders.