GLENDALE Calif. DineEquity Inc., parent to the IHOP and Applebee’s brands, swung to a second quarter net loss on large one-time charges related to both the Applebee’s acquisition, which was funded heavily by debt, and recent sale-leaseback transactions on Applebee’s corporate assets. For the quarter ended June 30, DineEquity booked a net loss of $19.4 million, or $1.42 per share, compared with year-ago profit of $14.1 million, or 82 cents per share. The latest quarter included a ...

Register to view this article

It’s free but we need to know a little about you to continually improve our content.

Why Register?

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!

Already registered? here.