Dine Brands

IHOP Revamps 1,500 Restaurants with New POS Technology

Retrieved on: 
Tuesday, April 30, 2024

Dine Brands Global, Inc. (NYSE: DIN), the parent company of Applebee's Neighborhood Grill + Bar®, IHOP® and Fuzzy’s Taco Shop® restaurants, announced today that it has reached an important milestone in its implementation journey updating 1,500 U.S. IHOP restaurants to TRAY POS systems.

Key Points: 
  • Dine Brands Global, Inc. (NYSE: DIN), the parent company of Applebee's Neighborhood Grill + Bar®, IHOP® and Fuzzy’s Taco Shop® restaurants, announced today that it has reached an important milestone in its implementation journey updating 1,500 U.S. IHOP restaurants to TRAY POS systems.
  • “POS systems are essential to efficient operations and have major impacts on the guest and team member experience.
  • "Restaurants like IHOP are seeking ways to incrementally improve operations without massive spend and equipment changes, and that can be achieved with cloud-based solutions.
  • We are proud to serve IHOP and look forward to supporting the brand for the long term."

Patrick Kirk Joins Fuzzy’s Taco Shop Leadership Team as Chief Marketing Officer

Retrieved on: 
Tuesday, April 23, 2024

Fuzzy’s Taco Shop ®, the fast-casual-plus restaurant serving Mexican favorites with a splash of Baja, today announced that Patrick Kirk – previously Vice President of Bar and Beverage for Applebee's Neighborhood Grill + Bar® – has joined the brand’s Leadership Team as Chief Marketing Officer.

Key Points: 
  • Fuzzy’s Taco Shop ®, the fast-casual-plus restaurant serving Mexican favorites with a splash of Baja, today announced that Patrick Kirk – previously Vice President of Bar and Beverage for Applebee's Neighborhood Grill + Bar® – has joined the brand’s Leadership Team as Chief Marketing Officer.
  • In his new role, Kirk will continue to define the Fuzzy’s Taco Shop experience as he develops and delivers strategic direction across all aspects of marketing including advertising, digital marketing, and culinary and beverage innovation.
  • View the full release here: https://www.businesswire.com/news/home/20240423755514/en/
    “Over the past eight years, Patrick has disrupted the casual dining industry through stand out marketing campaigns at Applebee’s,” says Paul Damico, President of Fuzzy’s Taco Shop.
  • “I love Fuzzy’s badass attitude and strong values,” says Patrick Kirk, Chief Marketing Officer of Fuzzy’s Taco Shop.

Dine Brands Global, Inc. to Release First Quarter 2024 Earnings on May 8, 2024

Retrieved on: 
Wednesday, April 17, 2024

Dine Brands Global, Inc. (NYSE: DIN), the parent company of Applebee's Neighborhood Grill & Bar®, IHOP® and Fuzzy’s Taco Shop® restaurants, will announce its first quarter 2024 financial results on May 8, 2024, before the stock market opens.

Key Points: 
  • Dine Brands Global, Inc. (NYSE: DIN), the parent company of Applebee's Neighborhood Grill & Bar®, IHOP® and Fuzzy’s Taco Shop® restaurants, will announce its first quarter 2024 financial results on May 8, 2024, before the stock market opens.
  • In conjunction with this announcement, Dine Brands will also host a conference call at 9:00 a.m. (Eastern Time) that morning to discuss the Company’s financial results and business outlook.
  • To access the call by phone, please click on this conference call registration link , and you will be provided with dial in details.
  • To avoid delays, we encourage participants to dial into the conference call fifteen minutes ahead of the scheduled start time.

Dine Brands Releases 2023 Environmental, Social, and Governance (ESG) Report

Retrieved on: 
Tuesday, April 16, 2024

Dine Brands Global, Inc. (NYSE: DIN), the parent company of Applebee's Neighborhood Grill + Bar®, IHOP®, and Fuzzy’s Taco Shop® restaurants, released its 2023 ESG report which speaks to priorities and progress within the focus areas of People, Planet, Food, and Governance.

Key Points: 
  • Dine Brands Global, Inc. (NYSE: DIN), the parent company of Applebee's Neighborhood Grill + Bar®, IHOP®, and Fuzzy’s Taco Shop® restaurants, released its 2023 ESG report which speaks to priorities and progress within the focus areas of People, Planet, Food, and Governance.
  • View the full release here: https://www.businesswire.com/news/home/20240416430836/en/
    Dine Brands releases their 2023 ESG report.
  • (Graphic: Business Wire)
    “Dine Better, Together is how we describe our intention to combine business growth and competitive strength with our ESG commitments,” says John Peyton, CEO of Dine Brands.
  • For more information on the 2023 Dine Better, Together report, please visit https://www.dinebrands.com/en/social-good .

American Dairy Queen Corporation Hires New Franchise Development Executive to Lead U.S. and Canada

Retrieved on: 
Wednesday, April 3, 2024

American Dairy Queen Corporation (ADQ), a subsidiary of International Dairy Queen, Inc. (IDQ) and a leader in the quick-service restaurant (QSR) industry, today announced it hired Gregg Benvenuto as vice president of franchise development in the U.S. and Canada.

Key Points: 
  • American Dairy Queen Corporation (ADQ), a subsidiary of International Dairy Queen, Inc. (IDQ) and a leader in the quick-service restaurant (QSR) industry, today announced it hired Gregg Benvenuto as vice president of franchise development in the U.S. and Canada.
  • View the full release here: https://www.businesswire.com/news/home/20240403264196/en/
    Gregg Benvenuto, vice president of franchise development in the U.S. and Canada (Photo: Business Wire)
    Benvenuto comes to ADQ with decades of restaurant franchise development experience.
  • He has held executive franchise development roles at Dine Brands, Papa Murphy’s, and The Coffee Bean and Tea Leaf.
  • “We have aggressive five-year goals to open new DQ Grill & Chill restaurants in the U.S. and Canada,” said Dan Kropp, chief operating officer, U.S. and Canada, at American Dairy Queen Corporation.

Dine Brands Foundation Announces Support for New Initiative to Catalyze Franchise Ownership Among Underrepresented Groups

Retrieved on: 
Tuesday, March 26, 2024

Dine Brands Foundation today announces its support for the International Franchise Association (IFA)’s new Franchise Ascension Initiative , an accelerator program established to support individuals from underrepresented communities with education, mentorship, resources, and financial support to successfully launch a career in franchise ownership.

Key Points: 
  • Dine Brands Foundation today announces its support for the International Franchise Association (IFA)’s new Franchise Ascension Initiative , an accelerator program established to support individuals from underrepresented communities with education, mentorship, resources, and financial support to successfully launch a career in franchise ownership.
  • By increasing diversity in the franchisee talent pipeline, the Ascension Initiative aims to narrow the wealth gap and provide qualified individuals with business ownership opportunities.
  • With the support of our generous partners like Dine Brands, the Ascension Initiative will further help to change lives and communities through franchising.”
    The Dine Brands Foundation pledged $100,000 to launch the effort, which will begin accepting applications in the coming months.
  • “We are proud to announce our financial contribution to support the Franchise Ascension Initiative.

Dine Brands Franchisees Awarded Franchisee of the Year by International Franchise Association

Retrieved on: 
Friday, March 15, 2024

The International Franchise Association (IFA) named two Dine Brands Franchisees as 2023 Franchisees of the Year.

Key Points: 
  • The International Franchise Association (IFA) named two Dine Brands Franchisees as 2023 Franchisees of the Year.
  • Susan Mendenhall, an IHOP Franchisee, and Marc Rogers, a Fuzzy’s Taco Shop Franchisee, were honored at the 64th IFA Annual Convention in Phoenix, Ariz., for being an outstanding franchise establishment owner-operator.
  • “We are proud to recognize Dine Brands franchisees, Susan Mendenhall and Marc Rogers, with the highest honor IFA awards to individual franchisees, and I have no doubt their work is changing lives and making a lasting community impact.”
    The Franchisee of the Year Award recognizes leading franchise owners from IFA member brands whose outstanding performance and contributions help protect, enhance, and promote the franchise business model.
  • Nominated by their parent company, individuals are selected for their involvement in their communities, embodying the entrepreneurial spirit, fostering a strong and healthy culture with their workforce, and assisting their fellow franchisees when called upon.

Cineworld Group Announces Leadership Team with New Executive Hires

Retrieved on: 
Thursday, March 21, 2024

KNOXVILLE, Tenn., March 21, 2024 /PRNewswire/ -- Cineworld Group, representing the second largest theatre circuit in the world, announced today the completion of its executive team following the 2023 appointments of Eduardo Acuna as Chief Executive Officer along with a new Board chaired by Eric Foss.

Key Points: 
  • KNOXVILLE, Tenn., March 21, 2024 /PRNewswire/ -- Cineworld Group, representing the second largest theatre circuit in the world, announced today the completion of its executive team following the 2023 appointments of Eduardo Acuna as Chief Executive Officer along with a new Board chaired by Eric Foss.
  • Joining Acuna and the Cineworld Group team are Thomas Song as Chief Financial Officer, Ben Hill as Chief Human Resources Officer, John Henrich as General Counsel, Javier Sotomayor as President of Cineworld International, and John Curry as Senior Vice President of Commercial at Regal.
  • "We are excited to welcome Tom, Ben, John, Javier, and John to our executive team," stated Eduardo Acuna, Chief Executive Officer for Cineworld Group.
  • "With their combined industry experience, leadership and communication skills, we are well-positioned to lead the best team in exhibition driving growth and success for Cineworld Group on a global level."

Dine Brands Global, Inc. Reports Fourth Quarter and Fiscal Year 2023 Results

Retrieved on: 
Wednesday, February 28, 2024

Total revenues for the fourth quarter of 2023 were $206.3 million compared to $208.0 million for the fourth quarter of 2022.

Key Points: 
  • Total revenues for the fourth quarter of 2023 were $206.3 million compared to $208.0 million for the fourth quarter of 2022.
  • Total revenues excluding the refranchised Applebee’s restaurants for the fourth quarter of 2023 were $204.3 million compared to $196.5 million for the fourth quarter of 2022.
  • General and Administrative (“G&A”) expenses for the fourth quarter of 2023 were $50.5 million compared to $58.8 million for the fourth quarter of 2022.
  • Consolidated adjusted EBITDA for the fourth quarter of 2023 was $62.2 million compared to $57.0 million for the fourth quarter of 2022.

Dine Brands Global, Inc. Announces First Quarter 2024 Dividend

Retrieved on: 
Monday, February 26, 2024

Dine Brands Global, Inc. (NYSE: DIN), the parent company of Applebee's Neighborhood Grill + Bar®, IHOP® and Fuzzy’s Taco Shop® restaurants, today announced that its Board of Directors declared a quarterly cash dividend of $0.51 per share of common stock.

Key Points: 
  • Dine Brands Global, Inc. (NYSE: DIN), the parent company of Applebee's Neighborhood Grill + Bar®, IHOP® and Fuzzy’s Taco Shop® restaurants, today announced that its Board of Directors declared a quarterly cash dividend of $0.51 per share of common stock.
  • The dividend will be payable on April 5, 2024, to the Company’s stockholders of record at the close of business on March 20, 2024.