Applebee's owner Dine Brands to lean on value, marketing to reverse sales declines
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Dine Brands, the owner of Applebee's and IHOP, is focusing on value and marketing strategies to reverse its sales declines. The company has reported its fourth consecutive quarter of domestic same-store sales declines, with Applebee's promotions struggling against competitors like Chili's.
March 06, 2025 | 6:00 pm
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Dine Brands is experiencing a decline in same-store sales for Applebee's and IHOP, marking the fourth consecutive quarter of such declines. The company plans to focus on value and marketing to boost sales in 2025.
Dine Brands has reported a consistent decline in same-store sales for its major brands, Applebee's and IHOP. This trend indicates potential challenges in attracting customers, especially with strong competition from rivals like Chili's. The company's strategy to focus on value and marketing suggests an attempt to regain market share, but the immediate impact on stock price is likely negative due to the current sales performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100