Welcome to our dedicated page for Dine Brands Global news (Ticker: DIN), a resource for investors and traders seeking the latest updates and insights on Dine Brands Global stock.
Dine Brands Global Inc (DIN), parent company of IHOP and Applebee's, maintains this dedicated news hub for investors and industry observers. Access official press releases and curated updates about this leading restaurant franchisor's strategic initiatives, financial performance, and brand developments.
This resource provides timely updates on franchise expansion, menu innovation, and operational milestones across DIN's portfolio. Track quarterly earnings disclosures, leadership announcements, and partnership developments that shape the company's position in casual dining. Regular updates cover both IHOP's family-focused offerings and Applebee's neighborhood grill concepts.
Key content categories include financial results, franchisee network updates, brand revitalization efforts, and corporate responsibility initiatives. The curated format ensures efficient tracking of DIN's progress in maintaining its 99%-franchised business model while adapting to market trends.
Bookmark this page for streamlined access to DIN's latest developments. Combine these updates with SEC filings and market analysis for comprehensive investment research into this franchising-focused restaurant operator.
Dine Brands Global (NYSE: DIN) reported Q3 2024 financial results showing declining sales across its restaurant brands. Applebee's saw domestic same-restaurant sales decline 5.9%, while IHOP experienced a 2.1% decrease. Total revenues were $195.0 million, down from $202.6 million in Q3 2023. Despite top-line challenges, GAAP net income increased to $18.5 million ($1.24 per diluted share) compared to $18.0 million ($1.19 per diluted share) in Q3 2023. The company maintained most of its 2024 guidance but reduced G&A expense expectations to $195-200 million.
Centralized Supply Chain Services (CSCS) has announced its Supplier Partners of the Year at the 2024 Global Franchise Conferences for Applebee's and IHOP. Turano Baking Company was named Applebee's Supplier Partner of the Year for their creative solutions, cost-competitiveness, and supply continuity. C.H. Guenther and Son received IHOP's Supplier Partner of the Year award for their responsive product development, transparent pricing, and efficient supply management during high-sales periods.
Fuzzy's Taco Shop, a fast-casual-plus Mexican restaurant chain, has announced strategic leadership changes to drive future growth. Patrick Kirk, previously Chief Marketing Officer, has been appointed as President and Chief Marketing Officer. Marshall Claycamp, formerly Executive Director of Operations Services for IHOP, has been named Chief Operations Officer.
Kirk, with over 23 years of industry experience, will define the Fuzzy's Taco Shop experience, guide brand growth, and manage organizational aspects. Claycamp will lead all operations and franchise restaurant operations. Both appointments aim to leverage their expertise in building strategic plans, fostering partnerships, and enhancing guest experiences.
Fuzzy's Taco Shop, founded in 2003 in Fort Worth, Texas, is now part of Dine Brands Global, Inc. (NYSE: DIN), which acquired the brand in 2022. The company operates nearly 3,600 restaurants across 18 international markets under the Applebee's, IHOP, and Fuzzy's Taco Shop brands.
Dine Brands Global, Inc. (NYSE: DIN), the parent company of Applebee's, IHOP, and Fuzzy's Taco Shop restaurants, has announced it will release its third quarter 2024 financial results on November 6, 2024, before the stock market opens. The company will host a conference call at 9:00 a.m. Eastern Time on the same day to discuss the financial results and business outlook.
A live webcast of the call will be available on the Investor Relations page of the company's website. To access the call by phone, participants can use the provided conference call registration link. To avoid delays, it is recommended to dial in fifteen minutes before the scheduled start time. A replay of the webcast will be available for a time on the company's website.
IHOP has named Brandon & Shaleeza Collins as the 2023 Franchisee of the Year at their annual Global Franchisee Conference. The Collins family's IHOP journey began in 2006 when Brandon's parents opened a restaurant in North Baton Rouge. In 2023, Brandon and Shaleeza purchased the restaurant, continuing the family legacy. They are recognized for their leadership excellence and commitment to guests, team members, and the community.
IHOP President Jay Johns praised the Collins for embodying 'iHospitality' by bringing joy, warmth, and familiarity to their restaurant. The couple is known for their hands-on approach, team spirit, and honorable management skills. They have trained many IHOP Team Members, including family members, and created a family-first environment in their Baton Rouge restaurant.
Fuzzy's Taco Shop introduces a spicy -time offer from October 16 to November 24, 2024. The promotion features a Surf 'N Turf combo for $7, including a Diablo Shrimp Taco and a Grilled Steak Taco, paired with an 18-ounce Miller Lite draft for $3. New menu items include:
- Diablo Shrimp Taco: Spicy shrimp with grilled peppers, slaw, avocado, and cilantro
- Diablo Shrimp Bowl: Eight shrimp over beans and rice with various toppings
- Strawberry Topo 'Rita: Frozen margarita with strawberry swirl and Topo Chico Hard Seltzer
The promotion aims to attract customers with bold flavors and competitive pricing. Available at participating locations for dine-in and to-go, with some restrictions on delivery and alcohol purchases.
IHOP has launched its new House Faves menu, offering popular breakfast items for just $6 on weekdays from 7am-10pm. To promote this value-driven initiative, IHOP partnered with rock band LOVERBOY to create a new version of their hit song 'Working for the Weekend,' now titled 'Working for the Weekday.' The campaign features a music video starring IHOP's Syrup Caddies performing the re-recorded song.
IHOP also collaborated with actress Julie Bowen to join the House Faves campaign, emphasizing the brand's focus on family dining throughout the week. The House Faves menu includes four $6 options: Breakfast Faves Combo, Ham & Cheese Omelette, French Toast Breakfast, and House Scramble with Hash Brown. This new menu aims to meet customers' desire for affordable dining options for their families.
Applebee's is bringing back its popular DOLLAR ZOMBIE cocktail for October after a 6-year hiatus. This $1 rum-based drink features a mix of passion fruit, pineapple, cherry, and lime, garnished with a gummi brain. In addition to this Halloween-themed offering, Applebee's is introducing new $10 Boo-zy Buckets and Spooky Sips made with premium spirits.
The new lineup includes the $10 Franken-Mama Bucket, a blue Bahama Mama with Bacardí Superior Rum, and the $10 Dracula's Juice Bucket, made with Patron Silver Tequila and Ole Smoky Blackberry Moonshine. Applebee's is also offering a $5 Boo Lagoon cocktail and a $6 Modelo Especial draft beer in their signature Brewtus glass.
Applebee's, the Official Grill + Bar Sponsor of the NFL, introduces Applebee's Pick 6 Mondays. From October 7 through the NFL season, guests can enjoy six FREE Boneless Wings every Monday after a Pick 6 occurs during any Sunday NFL game, with a minimum $10 purchase. This offer is available for dine-in and To Go orders.
Guests can redeem the offer by visiting their local Applebee's or ordering online using the promo code "PICK6" at checkout. The promotion aims to celebrate football season and enhance the NFL partnership. Applebee's CMO Joel Yashinsky highlights this as one of many exciting ways to celebrate the football season through their NFL partnership.
IHOP has announced a leadership transition, with current President Jay Johns set to retire after 16 years at Dine Brands and nearly six years as IHOP President. Johns will step down on January 6, 2025, but will remain in an advisory role until March 2025. Lawrence Kim, previously Chief Innovation Officer at YUM! Brands, has been appointed as President Designee effective October 21, 2024, and will become IHOP President on January 6, 2025.
Under Johns' leadership, IHOP successfully navigated pandemic challenges, expanded menu offerings, and strengthened its market position. The brand now operates over 1,800 restaurants globally, including locations in 13 countries outside the U.S. Kim brings over 20 years of leadership experience and will focus on innovation, guest experience, and restaurant development growth at IHOP.
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