With more than 3,600 restaurants combined in 18 countries, more than 400 franchisees and approximately 200,000 team members (including franchisee- and company-operated restaurant employees), DineEquity (NYSE:DIN) is one of the largest full-service restaurant companies in the world.
DineEquity has re-energized both brands through enhanced marketing, extensive menu innovation and operational strategies. The company has successfully transformed its IHOP restaurant system into one that is 99% franchised and, as of October 2012, has achieved that goal with Applebee’s as well. DineEquity has refranchised a substantial majority of Applebee’s company-operated restaurants and expects to realize significant cost savings as a result. Continue Reading »