GLENDALE Calif. DineEquity Inc., parent of the IHOP and Applebee’s chains, reported Wednesday a widened fourth-quarter loss because of $148.3 million in impairment charges related to the Applebee’s brand. The net loss for the quarter ended Dec. 31 swelled to $137.1 million, or $8.15 per share, from $14.3 million, or 94 cents a share, in the same year-earlier quarter largely because of non-cash, after-tax charges of $148.3 million related to write downs in the value of Applebee’s ...
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!
Questions about your account or how to access content?