Applebee's and IHOP are launching co-branded locations with both chains under one roof [Yahoo! Finance]
Dine Brands Global, Inc. (DIN)
Last dine brands global, inc. earnings: 4/29 08:00 am
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Source: Yahoo! Finance
The parent company of IHOP and Applebee's has announced it has begun opening dual-branded locations, combining back-of-the house cooking areas and blending front-of-the-house dining areas, though with discrete entrances. On parent Dine Brands Global's most recent earnings call, CEO John Peyton said the company had already rolled out eight prototypes of the concept at select international locations, the most recent one opening in León, Mexico, about four hours northwest of Mexico City. The idea is to reduce costs while maximizing revenues by attracting customers dining at different parts of the day to the same location, Peyton said. “At breakfast, when there are more IHOP customers, customers can be seated in the Applebee's area and vice versa at dinner,” Peyton told Nation's Restaurant News in a follow-up interview. Peyton said the plan would be to “eventually” bring the concept of the U.S., without specifying a timetable. Dine Brands, which also owns Fuzzy's Taco Shop, has
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News
- VIRTUAL DINING CONCEPTS® EXPANDS ITS RELATIONSHIP WITH IHOP®PR Newswire
- Patrick Kirk Joins Fuzzy's Taco Shop Leadership Team as Chief Marketing Officer [Yahoo! Finance]Yahoo! Finance
- Patrick Kirk Joins Fuzzy’s Taco Shop Leadership Team as Chief Marketing OfficerBusiness Wire
- Dine Brands Global, Inc. (NYSE: DIN) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- Flynn Group Expands Portfolio Through Acquisition of Applebee's Restaurants; Signs Agreement with Applebee's to Open 25 New Restaurants [Yahoo! Finance]Yahoo! Finance
DIN
Earnings
- 2/28/24 - Beat
DIN
Sec Filings
- 4/9/24 - Form 4
- 4/9/24 - Form 4
- 4/9/24 - Form 4
- DIN's page on the SEC website