Dine Brands Global Reports Solid Fourth Quarter and Full-Year 2019 Results
Dine Brands Global, the parent company of Applebee's Neighborhood Grill + Bar and IHOP restaurants, today announced financial results for the fourth quarter and fiscal 2019.
“This past year for Dine Brands was defined by several significant achievements. Notably, we successfully completed a $1.3 billion refinancing of our existing debt through a securitization. We delivered a significant increase in net income of 30%, which resulted in strong growth in adjusted EBITDA of 19% for the year. Our franchised business model continued to generate robust adjusted free...
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