OVERLAND PARK KAN. Applebee’s International Inc. reported that domestic systemwide same-store sales for its namesake casual-dining chain continued to trend negative in the third quarter, despite a slight uptick of 0.6 percent for the quarter’s last five weeks ended Sept. 30. —With a $2.1 billion buyout to be voted on later this month,
Domestic systemwide same-store sales at Applebee’s Neighborhood Grill & Bar, the nation’s largest casual-dining chain, fell 0.3 percent for the third quarter, reflecting a 0.2-percent drop at corporate restaurants and a 0.4-percent slide at franchised locations. —With a $2.1 billion buyout to be voted on later this month,
Domestic systemwide same-store sales for the first nine months of the year have decreased 1.8 percent, the company said. —With a $2.1 billion buyout to be voted on later this month,
Applebee’s, which has 1,953 corporate or franchised locations, was able to record a rare uptick in same-store sales for September, driven by two more weeks of television advertising versus a year ago and the new Ultimate Trios promotion, which company officials said has been popular with diners. —With a $2.1 billion buyout to be voted on later this month,
The promotion, priced in corporate markets at $10.99, allows guests to build a sampler platter with three out of seven items, such as miniature bacon cheeseburgers, boneless chicken wings or steak quesadillas. —With a $2.1 billion buyout to be voted on later this month,
An advertising insert in markets that include about 75 percent of corporate units also boosted September sales by about 1 percent, Applebee’s said. —With a $2.1 billion buyout to be voted on later this month,
The insert offered customers a trial incentive for a free Dessert Shooter, valued at $1.99, with the purchase of an entrée or an Ultimate Trios meal. —With a $2.1 billion buyout to be voted on later this month,
The company expects to release complete third-quarter results during the week of Oct. 29. Applebee’s also has set Oct. 30 as the date for a shareholder vote on a proposed $25.50-per-share buyout by family-dining franchisor IHOP Corp. —With a $2.1 billion buyout to be voted on later this month,
