Browse the latest corporate news from DineEquity, Inc. .
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Company's Highly Franchised Model Generates Strong Free Cash Flow and EPS, Enabling Significant Debt Reduction
GLENDALE, Calif.--(BUSINESS WIRE)--DineEquity, Inc. (NYSE: DIN), the parent company of Applebee's Neighborhood Grill & Bar and IHOP Restaurants, reported financial results for the first quarter of 2012.
"We are pleased with our first quarter performance. At DineEquity, we continue to work closely with IHOP and Applebee's on their respective brand-building strategies to innovate the menu, drive operational performance, and provide value for our guests," said Julia A. Stewart, Chairman and Chief Executive Officer of DineEquity. "Our business fundamentals remain healthy and our unique, highly franchised business model is generating strong free cash flow and enabling debt reduction, which are key measures of our success... |
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GLENDALE, Calif.--(BUSINESS WIRE) - DineEquity, Inc. (NYSE: DIN), the parent company of Applebee's Neighborhood Grill & Bar and IHOP Restaurants, today announced that it has entered into an asset purchase agreement with Potomac Family Dining Group, LLC for the sale of 39 Applebee's company-operated restaurants located in Virginia. The agreement does not contain financing contingencies, but closing is subject to regulatory processes related to liquor license transfers and other customary closing conditions.
The transaction is expected to result in net proceeds after taxes of approximately $25 million and reduce DineEquity's sale-leaseback related financing obligations by approximately $40 million. The Company expects to pay approximately $6 million related to the settlement of net working capital liabilities and deal costs... |
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GLENDALE, Calif., Apr 12, 2012 (BUSINESS WIRE) --DineEquity, Inc. (NYSE: DIN), the parent company of Applebee's Neighborhood Grill & Bar and IHOP Restaurants, today announced that it will release first quarter 2012 financial results on Tuesday, May 1, 2012 before the market opens. The Company will host an investor conference call to discuss its first quarter 2012 financial results on Tuesday, May 1, 2012 at 11:00 a.m. Eastern Time (8:00 a.m. Pacific Time). To participate on the call, please dial (888) 713-4211 and reference pass code 94552505. International callers, please dial (617) 213-4864 and reference pass code 94552505. Participants may also pre-register to obtain a unique pin number to join the live call without operator assistance by visiting the following Web site:
https://www... |
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Highly Franchised Business Model Generates Solid Free Cash Flow
GLENDALE, Calif.--(BUSINESS WIRE)--DineEquity, Inc. (NYSE: DIN), the parent company of Applebee’s Neighborhood Grill & Bar and IHOP Restaurants, today provided financial guidance for fiscal 2012 and highlighted key operational and financial benchmarks that it believes will drive the performance of its businesses in 2012.
“adjusted net income available to common stockholders (adjusted EPS)”
DineEquity provided fiscal 2012 guidance on the following key financial performance metrics:
Applebee’s domestic system-wide same-restaurant sales performance to range between 0.5% and 2.5%.
IHOP’s domestic system-wide same-restaurant sales performance to range between negative 1... |
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GLENDALE, Calif.--(BUSINESS WIRE)--Feb. 13, 2012-- DineEquity, Inc. (NYSE: DIN), the parent company of Applebee's Neighborhood Grill & Bar and IHOP Restaurants, today announced that it will release fourth quarter 2011 financial results and issue 2012 financial performance guidance on Thursday, March 1, 2012 before the market opens. The Company will host an investor conference call to discuss its fourth quarter 2011 financial results and 2012 financial performance guidance on Thursday, March 1, 2012 at 11:00 a.m. Eastern Time (8:00 a.m. Pacific Time). To participate on the call, please dial (888) 713-4213 and reference pass code 69335062. International callers, please dial (617) 213-4865 and reference pass code 69335062. Participants may also pre-register to obtain a unique pin number to join the live call without operator assistance by visiting the following Web site:
https://www... |
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GLENDALE, Calif.--(BUSINESS WIRE)--DineEquity, Inc. (NYSE: DIN), the parent company of Applebee's Neighborhood Grill & Bar and IHOP Restaurants, today announced the appointment of Stephen P. Joyce to the Company’s board of directors, effective immediately. The Board of Directors increased its size from 10 to 11 members, and Mr. Joyce was appointed to fill the vacancy created by the increase. He is an independent director who will serve as a Class III director with a term expiring at the Company’s 2012 annual meeting of stockholders.
“We are excited to add the exceptional talents and proven experience of Steve Joyce to DineEquity’s board of directors”
“We are excited to add the exceptional talents and proven experience of Steve Joyce to DineEquity’s board of directors,” said chairman and chief executive officer Julia Stewart... |
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GLENDALE, CA--(Marketwire - Nov 3, 2011) - DineEquity, Inc. (NYSE: DIN), the parent company of Applebee's Neighborhood Grill & Bar and IHOP Restaurants, today announced financial results for the third quarter ended September 30, 2011.
"During the quarter, we made good progress in achieving our long-term strategic goals as we continued to generate strong free cash flow, improve our G&A, refranchise company-operated restaurants and create value for our shareholders," said Julia A. Stewart, Chairman and Chief Executive Officer of DineEquity. "While same-restaurant sales were not what we would have liked, we are confident in the plans we have at both brands to achieve our longer-term financial objectives. With about 95% of our restaurants either franchised or soon to be franchised, we are close to completing the planned transformation of the Company into a pure franchisor and creating a platform upon which we will continue generating strong cash flow going forward... |
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No Tricks - Just Treats as Kids 12 and Under Celebrate Halloween a Little Early
GLENDALE, CA, Oct 26, 2011 (MARKETWIRE via COMTEX) --
WHAT:
IHOP restaurants nationwide will celebrate Halloween a little early this year, offering kids 12 and under a free Scary Face Pancake as part of its No Tricks - Just Treats program designed to provide kids with a safe and fun Halloween event. The "design-your-own" Scary Face Pancake includes an oversized signature buttermilk pancake with a whipped topping mouth and strawberry nose, served with two mini OREO(R) cookies and candy corn on the side to allow kids to create their own Halloween hotcake.
WHY:
IHOP wants to provide trick or treaters with a safe and fun Halloween celebration that they can enjoy with friends and family... |
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Country Music Star Rodney Atkins Leads Ongoing Military Thank You
LENEXA, KS, Oct 26, 2011 (MARKETWIRE via COMTEX) -- Applebee's Neighborhood Grill & Bar(R) today inspired America to stand up and thank the men and women of the military for their commitment, sacrifices and bravery by igniting the Thank You Movement, an ongoing initiative to collect millions of thanks for U.S. Veterans and Active Duty military.
Country music standout Rodney Atkins, Applebee's Thank You Movement Ambassador, officially launched the movement with a performance in Times Square. Atkins was joined by hundreds of civilians, veterans and military organizations, including representatives from Pinnacle Five, comprised of former senior enlisted members from all branches of the U... |
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Daniel Colegrove, Former Kraft Executive, Appointed to New Role
GLENDALE, CA, Oct 20, 2011 (MARKETWIRE via COMTEX) --DineEquity, Inc. (NYSE: DIN), parent company of Applebee's Neighborhood Grill & Bar and IHOP Restaurants, today announced the appointment of Daniel Colegrove to the new position of vice president, government affairs. He joins the company effective immediately and is based in Washington, D.C.
Colegrove will lead strategic policy and issue efforts for DineEquity and its franchisees on Capitol Hill and in key statehouses and municipalities across the country. Colegrove will report to Tod J. MacKenzie, DineEquity's senior vice president, communications and public affairs.
"Dan is a versatile strategist with a proven ability to influence policies and issues at the federal, state and local levels," said Julia Stewart, DineEquity's chairman and CEO... |
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Applebee's Founder, Bill Palmer to Continue Leadership Involvement With Applebee's
GLENDALE, CA--(Marketwire - Oct 14, 2011) - DineEquity, Inc. (NYSE: DIN), parent company of Applebee's Neighborhood Grill & Bar and IHOP Restaurants, today announced that existing Applebee's franchisee, Neighborhood Restaurant Partners, LLC, an affiliate of IHOP's largest franchisee, has purchased the assets of Apple Restaurants, Inc. including 40 Applebee's franchise-operated restaurants located in Atlanta and surrounding areas.
Julia Stewart, DineEquity's Chairman and CEO, said, "Today's announcement serves as confirmation of our franchise community's confidence in our efforts to revitalize Applebee's and the strength of the brand. The transaction is also very special because it involves Bill Palmer, the founder of Applebee's... |
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GLENDALE, CA--(Marketwire - Oct 13, 2011) - DineEquity, Inc. (NYSE: DIN), parent company of Applebee's Neighborhood Grill & Bar and IHOP Restaurants, today announced that it has entered into an asset purchase agreement with Apple Investors Group, LLC for the sale of 17 Applebee's company-operated restaurants located in Tennessee, Illinois, Mississippi, Missouri, Kentucky and Arkansas, which mainly serve the Memphis, TN and Paducah, KY/Cape Girardeau, MO media markets. The agreement does not contain financing contingencies, but closing is subject to regulatory processes related to liquor license transfers and other customary closing conditions.
The transaction is expected to result in net proceeds after taxes of approximately $15.9 million and reduce DineEquity's sale-leaseback related financing obligations by $11... |
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Applebee's Continues Tradition of Serving Free Meals to the Neighborhood's Real Heroes Each Year on Veterans Day
LENEXA, KS, Oct 12, 2011 (MARKETWIRE via COMTEX) -- In what has become a neighborhood tradition, Applebee's will again thank our nation's veterans and troops by inviting them to their neighborhood Applebee's for a free signature entree on Veterans Day, Friday, Nov. 11, 2011.
For the third year, Applebee's will salute our nation's military, hoping to top the 1,024,000 million free meals served last year from coast-to-coast. Since Applebee's first began thanking the military with a free meal, restaurants have served more than two million veterans and active duty military members on their day of remembrance and respect... |
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A Month-Long 'No Tricks - Just Treats' Celebration Planned With Fun, Frightful, Flavorful and Free Flapjacks
GLENDALE, CA, Sep 27, 2011 (MARKETWIRE via COMTEX) --IHOP announced today that participating restaurants nationwide will serve up 'no tricks - just treats' this October, featuring a month-long celebration with pumpkin pancakes as well as All-You-Can-Eat Buttermilk pancakes, culminating in a free Scary Face Pancake giveaway for kids 12 and under on Friday, October 28 from 7:00 a.m. to 10:00 p.m. (one per child).
Additionally, parents can sign up all month long on ihop.com for a wake-up call on October 28 from Count Spatula with a friendly and fun reminder about the free Scary Face Pancake giveaway.
″We are celebrating fall traditions in a tasty and playful way,″ said Natalia Franco, IHOP's senior vice president, marketing... |
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GLENDALE, CA--(Marketwire - Sep 6, 2011) - DineEquity, Inc. (NYSE: DIN), the parent company of Applebee's Neighborhood Grill & Bar and IHOP, today announced the appointment of Tom Emrey as chief financial officer, effective September 12, 2011. Mr. Emrey replaces John F. Tierney, who will be leaving the Company following a brief transitional period.
Mr. Emrey joins DineEquity from Universal Studios Home Entertainment, a subsidiary of NBCUniversal, one of the world's leading media and entertainment companies. For the past four years, Mr. Emrey has served as executive vice president and chief operating officer of Universal Studios Home Entertainment. He previously served as chief financial officer of Universal Studios Home Entertainment between 2003 and 2007... |
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GLENDALE, CA, Jul 14, 2011 (MARKETWIRE via COMTEX) -- DineEquity, Inc. (NYSE: DIN), the parent company of Applebee's Neighborhood Grill & Bar and IHOP Restaurants, today announced that it will release second quarter 2011 financial results on Tuesday, August 2, 2011 before the market opens. The Company will host an investor conference call to discuss its second quarter 2011 financial results on Tuesday, August 2, 2011 at 11:00 a.m. Eastern Time (8:00 a.m. Pacific Time). To participate on the call, please dial (888) 680-0890 and reference pass code 74542624. Participants may also pre-register to obtain a unique pin number to join the live call without operator assistance by visiting the following Web site:
A live webcast of the call will be available on DineEquity's Web site at www... |
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GLENDALE, CA, May 17, 2011 (MARKETWIRE via COMTEX) -- DineEquity, Inc. (NYSE: DIN), the parent company of Applebee's Neighborhood Grill & Bar and IHOP Restaurants, today announced that management will present to investors at the 2011 Wells Fargo Securities Consumer, Gaming and Lodging Conference in Las Vegas on Tuesday, May 24, 2011 from 11:10 a.m. to 11:40 a.m. Pacific Time.
A live webcast of the conference presentation will be available on DineEquity's Web site at www.dineequity.com, and may be accessed by visiting Calls & Presentations under the site's Investor Information section. Participants should allow approximately ten minutes prior to the conference presentation start time to visit the site and download any streaming media software needed to listen to the webcast... |
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GLENDALE, CA, Apr 04, 2011 (MARKETWIRE via COMTEX) -- DineEquity, Inc. (NYSE: DIN), the parent company of Applebee's Neighborhood Grill & Bar and IHOP Restaurants, today announced that it will release first quarter 2011 financial results on Tuesday, May 3, 2011 before the market opens. The Company will host an investor conference call to discuss its first quarter 2011 financial results on Tuesday, May 3, 2011 at 11:00 a.m. Eastern Time (8:00 a.m. Pacific Time). To participate on the call, please dial (888) 680-0879 reference pass code 43544778. Participants may also pre-register to obtain a unique pin number to join the live call without operator assistance by visiting the following Web site:
https://www.theconferencingservice... |
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GLENDALE, CA, Mar 21, 2011 (MARKETWIRE via COMTEX) -- DineEquity, Inc. (NYSE: DIN), the parent company of Applebee's Neighborhood Grill & Bar and IHOP Restaurants, announced that management will present a Company overview to investors at Barclays Capital High Yield Bond and Syndicated Loan Conference on Thursday, March 24, 2011 from 2:45 p.m. to 3:20 p.m. Eastern Time in Orlando, Florida.
A live webcast of the conference presentation will be available on DineEquity's Web site at www.dineequity.com, and may be accessed by visiting Calls & Presentations under the site's Investor Information section. Participants should allow approximately ten minutes prior to the conference presentation start time to visit the site and download any streaming media software needed to listen to the webcast... |
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GLENDALE, CA, Jan 31, 2011 (MARKETWIRE via COMTEX) -- DineEquity, Inc. (NYSE: DIN), the parent company of Applebee's Neighborhood Grill & Bar and IHOP Restaurants, today announced that management will present a Company overview to investors at the Goldman Sachs Fourth Annual Consumer/Retail Leveraged Finance Conference on Tuesday, February 1, 2011 from 11:10 a.m. to 11:45 a.m. Eastern Time in New York City.
A live webcast of the conference presentation will be available on DineEquity's Web site at www.dineequity.com, and may be accessed by visiting Calls & Presentations under the site's Investor Information section. Participants should allow approximately ten minutes prior to the conference presentation start time to visit the site and download any streaming media software needed to listen to the webcast... |
Social Reach:
This web page does not constitute a franchise offering or an offer to sell a franchise. A franchise offering can be made by us only in a state if we are first registered, excluded, exempted or otherwise qualified to offer franchises in that state, and only if we provide you with an appropriate franchise disclosure document. 
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DineEquity, Inc. franchises and operates restaurants under the Applebee's Neighborhood Grill & Bar and IHOP brands.
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