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Applebee's, IHOP 2Q same-store sales riseApplebee's, IHOP 2Q same-store sales rise

IHOP same-store sales had not been positive since late 2010

Lisa Jennings, Executive Editor

July 30, 2013

1 Min Read
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DineEquity Inc. reported positive same-store sales in the second quarter for both its IHOP and Applebee’s brands. For IHOP, it was the first time same-store sales were positive since late 2010, and the increase reflected improving traffic.
 

NET INCOME

Result: $16.6 million, or 87 cents per share
% Increase: 5% (from $15.9 million, or 88 cents per share)

REVENUE

Result: $158.1 million
% Decrease: 31% (from $229.4 million)

SAME-STORE SALES

% Increase: 1.9% at IHOP, 1.3% at Applebee’s

Source: Company report



RELATED:
DineEquity 1Q profit declines nearly 42%
DineEquity 'maniacally' focused on sales, traffic turnaround
• Same-store sales at NRN.com

Contact Lisa Jennings at [email protected].
Follow her on Twitter: @livetodineout

About the Author

Lisa Jennings

Executive Editor, Nation's Restaurant News and Restaurant Hospitality

Lisa Jennings is executive editor of Nation’s Restaurant News and Restaurant Hospitality. She joined the NRN staff as West Coast editor in 2004 as a veteran journalist. Before joining NRN, she spent 11 years at The Commercial Appeal, the daily newspaper in Memphis, Tenn., most recently as editor of the Food and Health & Wellness sections. Prior experience includes staff reporting for the Washington Business Journal and United Press International.

Lisa’s areas of expertise include coverage of both large public restaurant chains and small independents, the regulatory and legal landscapes impacting the industry overall, as well as helping operators find solutions to run their business better.

Lisa Jennings’ experience:

Executive editor, NRN (March 2020 to present)

Executive editor, Restaurant Hospitality (January 2018 to present)

Senior editor, NRN (September 2004 to March 2020)

Reporter/editor, The Commercial Appeal (1990-2001)

Reporter, Washington Business Journal (1985-1987)

Contact Lisa Jennings at:

[email protected]

@livetodineout

https://www.linkedin.com/in/lisa-jennings-83202510/

 

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