IHOP and Applebee's closing over 100 restaurants [CBS News]
Dine Brands Global, Inc. (DIN)
Last dine brands global, inc. earnings: 4/29 08:00 am
Check Earnings Report
US:NYSE Investor Relations:
investors.dineequity.com/news-releases
Company Research
Source: CBS News
IHOP and Applebee's closing over 100 restaurants DineEquity ( DIN ) said Thursday that it will close more than 100 Applebee locations and up to 25 IHOPs this year as the struggling restaurant company seeks to cut costs. DineEquity will close at least 20 IHOP locations, though globally it plans to open more such restaurants. The company also announced the appointment of Steve Joyce as its new CEO -- he was formerly chief executive of Choice Hotels since June 2008. "We are investing in the empowerment of our brands by improving overall franchisee financial health, closing underperforming restaurants and enhancing the supply chain," interim CEO Richard Dahl said in a statement . "We believe 2017 will be a transitional year for Applebee's, and we are making the necessary investments for overall long-term brand health and expect to see improvement over the next year." DineEquity shares have lost almost half their value this year, closing Thursday at $38.81. In the latest American Customer
Show less
Read more
Impact Snapshot
Event Time:
DIN
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
DIN alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
DIN alerts
High impacting Dine Brands Global, Inc. news events
Weekly update
A roundup of the hottest topics
DIN
News
- Dine Brands Global, Inc. (NYSE:DIN) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Dine Brands Global, Inc. (NYSE: DIN) had its price target lowered by analysts at Barclays PLC from $57.00 to $54.00. They now have an "overweight" rating on the stock.MarketBeat
- Dine Brands Global net income plummets 36% in Q1 2024 [Yahoo! Finance]Yahoo! Finance
- Dine Brands Global, Inc. (NYSE: DIN) had its price target lowered by analysts at Wedbush from $48.00 to $46.00. They now have a "neutral" rating on the stock.MarketBeat
- Dine Brands Global, Inc. (NYSE: DIN) had its price target lowered by analysts at Piper Sandler from $49.00 to $48.00. They now have a "neutral" rating on the stock.MarketBeat
DIN
Earnings
- 5/8/24 - Miss
DIN
Sec Filings
- 5/8/24 - Form 10-Q
- 5/8/24 - Form 8-K
- 4/9/24 - Form 4
- DIN's page on the SEC website