Dine Brands

Dine Brands Global, Inc. Reports Second Quarter 2023 Results

Retrieved on: 
Thursday, August 3, 2023
Retail, Restaurant, Bar, Food, Beverage, DIN, Loss, Senior, Dine Brands, Tax, G&A, GAAP, EBITDA, Administration, Webcast, Depreciation, Growth, NYSE, Total, IHOP, Fast food, Bottled water, Video game, Security (finance), Holding company, Bookkeeping, Life insurance

Total revenues for the second quarter of 2023 were $208.4 million compared to $237.8 million for the second quarter of 2022.

Key Points: 
  • Total revenues for the second quarter of 2023 were $208.4 million compared to $237.8 million for the second quarter of 2022.
  • Total revenues excluding the refranchised Applebee’s restaurants for the second quarter of 2023 were $206.2 million compared to $198.3 million for the second quarter of 2022.
  • General and Administrative (“G&A”) expenses for the second quarter of 2023 were $47.8 million compared to $44.1 million for the second quarter of 2022.
  • Net income for the second quarter of 2023 was $18.2 million compared to $24.0 million for the second quarter of 2022.

Dine Brands International and Franklin Junction Forge Global Expansion Agreement

Retrieved on: 
Tuesday, July 18, 2023
International, E-commerce, Dine Brands, Applebee, Taco, Restaurant, Corporation, Host, Applebee's, Economics, IHOP

Atlanta, July 18, 2023 /PRNewswire-PRWeb/ -- Franklin Junction, the global leader in branded virtual restaurants, is thrilled to announce a new agreement with Dine Brands International, an affiliate of Dine Brands Global, Inc., the parent company and franchisors of renowned restaurant chains IHOP®, Applebee's Neighborhood Grill + Bar®, and Fuzzy's Taco Shop®. Under this agreement, Franklin Junction collaborates with Dine Brands to accelerate the international expansion of IHOP and Applebee's through its innovative Host Kitchen® platform.

Key Points: 
  • Atlanta, July 18, 2023 /PRNewswire-PRWeb/ -- Franklin Junction, the global leader in branded virtual restaurants, is thrilled to announce a new agreement with Dine Brands International, an affiliate of Dine Brands Global, Inc., the parent company and franchisors of renowned restaurant chains IHOP®, Applebee's Neighborhood Grill + Bar®, and Fuzzy's Taco Shop®.
  • Under this agreement, Franklin Junction collaborates with Dine Brands to accelerate the international expansion of IHOP and Applebee's through its innovative Host Kitchen® platform.
  • The strategic alliance between Franklin Junction and Dine Brands paves the way for IHOP and Applebee's to expand their global presence in markets outside of their traditional brick-and-mortar locations, in selected international markets.
  • "We are excited to collaborate with Dine Brands to bring the beloved IHOP and Applebee's brands to diners around the world," said Rishi Nigam, CEO of Franklin Junction.

Dine Brands Global, Inc. to Release Second Quarter 2023 Earnings On August 3, 2023

Retrieved on: 
Tuesday, July 11, 2023
Retail, Restaurant, Bar, Food, Beverage, Webcast, DIN, Dine Brands, NYSE, Eastern Time Zone

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 second quarter 2023 financial results on August 3, 2023, 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 second quarter 2023 financial results on August 3, 2023, 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.

American Dairy Queen Fills Key Roles on International Business Team to Increase Global Footprint

Retrieved on: 
Thursday, May 25, 2023
Retail, Restaurant, Bar, Food, Beverage, QSR, Marketing, ADQ, Southern Methodist University, Multimedia, Little, Dine Brands, Dairy Queen, CIT Group, Methodist University, Growth, IDQ, DQ, Management, Kirian

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 two new hires to its international business team: Chris Wren, vice president of development, international, and Greg Kirian, vice president of marketing, international.

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 two new hires to its international business team: Chris Wren, vice president of development, international, and Greg Kirian, vice president of marketing, international.
  • Wren will oversee the strategy and execution of international business development in new and existing markets.
  • Kirian brings more than two decades of global food and beverage industry experience, including international marketing leadership roles at Little Caesar’s, Wingstop and Yum!
  • “Given our aggressive business goals to expand the company’s global footprint outside of the U.S. and Canada, strong leadership in marketing and development roles will be critical,” said Nicolas Boudet, chief operating officer, international at American Dairy Queen Corporation.

Arthur F. Starrs Joins the Board of Directors of Dine Brands Global, Inc.

Retrieved on: 
Monday, May 15, 2023
Retail, Restaurant, Bar, Food, Beverage, DIN, Starr Companies, Dallas–Fort Worth metroplex, Dine Brands, Multimedia, Pizza Hut, First Tee, Growth, Greater Dallas Youth Orchestra, Yum, NYSE, Greenhill School, First Book, Artie, Management, Finance

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 Arthur (Artie) F. Starrs will be joining as a new independent member of its Board of Directors.

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 Arthur (Artie) F. Starrs will be joining as a new independent member of its Board of Directors.
  • View the full release here: https://www.businesswire.com/news/home/20230515005116/en/
    Artie Starrs joins Dine Brands Global Board of Directors (Photo: Business Wire)
    Starrs currently serves as the Chief Executive Officer of Topgolf and has served in such capacity since April 2021.
  • He is responsible for Topgolf’s global businesses, which include domestic and international Topgolf venues, Toptracer, and Topgolf Media.
  • His background in management and finance, and his service on the boards of directors of both public and private companies make him a valuable addition to Dine Brands’ Board of Directors,” said Richard Dahl, Chairman of the Board of Directors, Dine Brands Global, Inc.

Dine Brands Global, Inc. Announces Second Quarter 2023 Dividend

Retrieved on: 
Thursday, May 11, 2023
Retail, Restaurant, Bar, Food, Beverage, DIN, Dine Brands, NYSE, Holding company

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 July 7, 2023, to the Company’s stockholders of record at the close of business on June 20, 2023.

Dine Brands Global Releases 2022 Environmental, Social, and Governance (ESG) Report

Retrieved on: 
Friday, May 5, 2023
Environment, Professional Services, Sustainability, Philanthropy, Restaurant, Bar, Food, Beverage, Fund Raising, Environmental, Social and Governance (ESG), Other Philanthropy, Retail, Organic, DIN, Alex's Lemonade Stand Foundation, Dine Brands, Veteran, Distribution, Multimedia, Egg as food, Water, ESG, Applebee's, NYSE, IHOP, Egg, Fast food, Applebee

View the full release here: https://www.businesswire.com/news/home/20230505005007/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20230505005007/en/
    Dine Brands releases their 2022 ESG report.
  • (Graphic: Business Wire)
    "We recognize the important role our company and brands play in creating long-term sustainable value," said John Peyton, CEO of Dine Brands.
  • The 2022 Dine Together, Grow Together report highlights include the following:
    38 metric tons of food donated by Dine Brands’ Glendale Restaurant Support Center as well as Applebee's and IHOP U.S. Franchisees and their Distribution Centers.
  • For more information on the 2022 Dine Together, Grow Together report, please visit https://www.dinebrands.com/en/social-good .

Dine Brands Global, Inc. Reports Q1 Same Store Sales and Profit Growth

Retrieved on: 
Wednesday, May 3, 2023
Retail, Restaurant, Bar, Food, Beverage, DIN, Note, Senior, Agility, Dine Brands, G&A, GAAP, EBITDA, Acquisition, Investment, Administration, Webcast, Depreciation, Growth, NYSE, Total, IHOP, Video game, Security (finance), Holding company

“Dine Brands has demonstrated resiliency in a challenging operating environment, which reflects the strength of our brands and strong execution,” said John Peyton, chief executive officer, Dine Brands Global.

Key Points: 
  • “Dine Brands has demonstrated resiliency in a challenging operating environment, which reflects the strength of our brands and strong execution,” said John Peyton, chief executive officer, Dine Brands Global.
  • Off-premise sales accounted for 23.1% of sales mix, representing per restaurant average weekly sales of approximately $12,900.
  • Off-premise sales accounted for 21.7% of sales mix, representing per restaurant average weekly sales of approximately $7,400.
  • Dine Brands will host a conference call to discuss its results on May 3, 2023, at 9:00 a.m. Eastern time.

Dine Brands Global, Inc. Completes Refinancing of its Class A-2-I Senior Secured Notes Through a Securitization

Retrieved on: 
Monday, April 17, 2023
Retail, Restaurant, Bar, DIN, Note, News & Notes, SEC Rule 144A, Dine Brands, Person, Sale, Hand, NYSE, Regulation, Security (finance)

The financing facility is comprised of Series 2023-1 Class A-2, Fixed Rate Senior Secured Notes (the “New Notes”) with an initial principal amount of $500 million.

Key Points: 
  • The financing facility is comprised of Series 2023-1 Class A-2, Fixed Rate Senior Secured Notes (the “New Notes”) with an initial principal amount of $500 million.
  • The Series 2019-1 Class A-2-II, Fixed Rate Senior Secured Notes and the Series 2022-1 Class A-1, Variable Funding Senior Notes will not be refinanced at this time.
  • As of April 17, 2023, the principal balance of the Series 2019-1 Refinancing Notes was approximately $585 million.
  • As of December 31, 2022, there was $594 million outstanding under the Series 2019-1 Class A-2-II, Fixed Rate Senior Secured Notes.

Dine Brands Global, Inc. to Host First Quarter 2023 Earnings Conference Call on May 3, 2023

Retrieved on: 
Wednesday, April 5, 2023
Retail, Restaurant, Bar, Food, Beverage, Webcast, DIN, Dine Brands, NYSE, Eastern Time Zone

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 2023 financial results on May 3, 2023, 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 2023 financial results on May 3, 2023, 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.