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.

Toast (TOST) reported strong Q1 2025 financial results, marking significant growth and profitability. The company achieved $56 million in net income and $133 million in Adjusted EBITDA. Key highlights include: adding over 6,000 net new locations, growing ARR by 31% to $1.7 billion, and increasing total locations by 25% to 140,000. Gross Payment Volume rose 22% to $42.2 billion. Toast secured major enterprise deals with Applebee's (its largest deal to date) and Topgolf. The company also introduced ToastIQ, an AI-powered intelligence engine, and renewed its credit facility to $350 million. For Q2 2025, Toast expects non-GAAP gross profit of $435-445 million and Adjusted EBITDA of $130-140 million.

Dine Brands Global (NYSE: DIN), parent company of Applebee's, IHOP, and Fuzzy's Taco Shop, reported mixed Q1 2025 financial results. Total revenues increased to $214.8 million from $206.2 million year-over-year, primarily due to acquiring 47 Applebee's restaurants. However, both major brands saw declining same-restaurant sales, with Applebee's down 2.2% and IHOP down 2.7%. GAAP net income decreased to $7.8 million ($0.53 per share) from $17.0 million ($1.13 per share) in Q1 2024. The company maintained its 2025 guidance, expecting Applebee's same-restaurant sales between -2% and +1%, and IHOP's between -1% and +2%. During Q1, Dine Brands returned capital to shareholders through $1.6 million in stock buybacks and $7.8 million in dividends.

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.

Applebee's, the Official Grill + Bar Sponsor of the NFL, announces a special promotion during the 2025 NFL Draft from April 24-26. Customers who place orders worth $40 or more through Applebees.com or the Applebee's mobile app will receive 20 FREE Boneless Wings.

The promotion applies to To Go or Delivery orders using promo code DRAFT25. Customers can choose from various wing sauce options including Classic Buffalo, Honey BBQ, Sweet Asian Chile, Garlic Parmesan, Extra Hot Buffalo, and Hot Honey Glaze. Each order comes with Bleu cheese or house-made buttermilk ranch dressing.

The offer is valid at participating locations, excludes alcohol, tax, delivery fees, service fees, gift card purchases, and gratuity. to one order of 20 free Boneless Wings per order and not valid on third-party delivery sites.

Dine Brands Global (NYSE: DIN), parent company of Applebee's, IHOP, and Fuzzy's Taco Shop, has scheduled its first quarter 2025 earnings release for May 7, 2025, before market opening. The company will host a conference call at 9:00 a.m. Eastern Time to discuss financial results and business outlook. Investors can access the live webcast through the company's investor relations website, with a replay available for a time.