GLENDALE Calif. Expenses related to its pending $2.3 billion acquisition of Applebeeâ€™s International Inc. left IHOP Corp. with a loss of $11.6 million for the third quarter ended Sept. 30, the company reported Tuesday. The 69-cent-per-share shortfall compares with a net profit of $11.3 million, or 62 cents per share, for the same period of the prior year. Revenues for the most recent quarter rose year over year by 3.8 percent, to $91.4 million. Same-store sales increased 2 percent on ...
Register to view this article
It’s free but we need to know a little about you to continually improve our content.
Registering allows you to unlock a portion of our premium online content. You can access more in-depth stories and analysis, as well as news not found on any other website or any other media outlet. You also get free eNewsletters, blogs, real-time polls, archives and more.
Attention Print Subscribers: While you have already been granted free access to NRN we ask that you register now. We promise it will only take a few minutes!