Latest news with #DineBrandsGlobal
Business Wire
27-05-2025
- Entertainment
- Business Wire
Get Happy AF With Fuzzy's Taco Shop's New Happy Hour Featuring Items $5 and Under
IRVING, Texas--(BUSINESS WIRE)-- Fuzzy's Taco Shop, the fast-casual+ restaurant brand known for serving up good vibes, is raising the bar on value with its new Happy Hour, featuring items $5 and under. Available for dine-in only, Monday through Friday*, this new lineup is all about big flavor, great prices, and serious summer vibes with everything you need to get Happy AF (At Fuzzy's!). With guests juggling summer travel, packed schedules, and tighter budgets, Fuzzy's Taco Shop delivers a no-stress spot to unwind with tasty tacos and delicious drinks, all without breaking the bank. Fuzzy's Taco Shop has built a loyal following by staying true to fresh ingredients, scratch-made recipes, and a laid-back atmosphere that invites guests to come as they are. The new Happy Hour menu reflects that same approach, offering high-quality food and drinks at prices that make gathering easy and accessible. The new Happy Hour menu includes: Classic Original Tacos: $2.50 with shredded chicken, ground beef, carnitas, or veggie Premium Original Tacos: $3.50 with grilled steak, grilled chicken, shrimp, or brisket Chips & Dips: Chips & Salsa ($3) or Chips & Queso ($4) Drinks that bring the party: House Margaritas ($4); Sangria 'Rita Swirl, Baja-ma Mama, or Fuzzy's Red Sangria ($5); Modelo 18 oz Draft ($5); Miller Lite 18 oz Draft ($4); $3 Coronita Dunk, $3 Jarritos and more** 'We built this Happy Hour around what our guests actually want, which is tasty food, cold drinks, and prices that make it easy to kick back and stay awhile,' said Chef Daniel Camp, Director of Culinary for Fuzzy's Taco Shop. 'It's fun, it's craveable, and it creates the kind of laid-back, fun vibe that makes people feel Happy AF.' Fuzzy's is the go-to summer hangout for major value and full-on flavor, perfect for everything from group meetups to post-work margaritas. To check out the full Happy Hour menu and find a Fuzzy's Taco Shop near you, visit *Price, offerings, hours, and participation may vary by restaurant. **Must be 21+. Please drink responsibly. About Fuzzy's Taco Shop Founded in 2003 in Fort Worth, Texas, Fuzzy's Taco Shop® is a fast-casual plus restaurant known for fresh flavors and good vibes that take the bite out of life. Offering flavorful tacos, famous margaritas, and fun times, it's all fuzzy here. As of March 31, 2025, Fuzzy's operates 115 restaurants across 15 states, including one company-owned location in Texas. Fuzzy's Taco Shop is franchised by affiliates of Pasadena, Calif.-based Dine Brands Global, Inc. (NYSE: DIN). To find your local Fuzzy's Taco Shop, visit For franchising information, visit About Dine Brands Global, Inc. Based in Pasadena, California, Dine Brands Global, Inc. (NYSE: DIN), through its subsidiaries and franchisees, supports and operates restaurants under the Applebee's Neighborhood Grill + Bar®, IHOP®, and Fuzzy's Taco Shop® brands. As of March 31, 2025, these three brands consisted of over 3,500 restaurants across 19 international markets. Dine Brands is one of the largest full-service restaurant companies in the world and in 2022 expanded into the Fast Casual segment. For more information on Dine Brands, visit the Company's website located at BR-Fuzzy
Business Wire
27-05-2025
- Business
- Business Wire
Dine Brands Global, Inc. Announces Intention to Refinance Its Series 2019-1 Class A-2-II Fixed Rate Senior Secured Notes and Its Series 2022-1 Class A-1 Variable Funding Senior Notes Through a Securitization
PASADENA, Calif.--(BUSINESS WIRE)--Dine Brands Global, Inc. (NYSE: DIN) ('Dine Brands' or the 'Corporation'), the parent company of Applebee's Neighborhood Grill + Bar®, IHOP® restaurants and Fuzzy's Taco Shop®, today announced its intention to refinance its Series 2019-1 Class A-2-II, Fixed Rate Senior Secured Notes (the '2019-1 Refinancing Notes') and to refinance its Series 2022-1 Class A-1, Variable Funding Senior Notes (the '2022-1 Refinancing Notes', together with the 2019-1 Refinancing Notes, the 'Existing Notes'). The Series 2023-1 Class A-2, Fixed Rate Senior Secured Notes are not proposed to be refinanced at this time. As of March 31, 2025, the principal balance of the 2019-1 Refinancing Notes was approximately $594 million and the remaining availability of the 2022-1 Refinancing Notes (which have a maximum outstanding principal amount of $325 million) was $224 million, with $100 million used for outstanding loan borrowings and $1 million pledged against the 2022-1 Refinancing Notes for outstanding letters of credit. As of March 31, 2025, there was $500 million outstanding under the Series 2023-1 Class A-2, Fixed Rate Senior Secured Notes. Dine Brands intends to replace the Existing Notes with a new securitized financing facility. The net proceeds of the sale of the notes in connection with the new securitized financing facility would be used for repayment of the Existing Notes, transaction costs associated with the refinancing and general corporate purposes. There can be no assurance regarding the timing of a refinancing transaction, the interest rate at which the Existing Notes would be refinanced, or that a refinancing transaction will be completed. The New Notes are being sold to qualified institutional buyers in the United States in accordance with Rule 144A under the Securities Act of 1933, as amended (the 'Securities Act'), and to persons outside the United States in accordance with Regulation S under the Securities Act. The New Notes have not been, and will not be, registered under the Securities Act or the securities laws of any state or other jurisdiction and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act and applicable securities laws of any state or other jurisdiction. This press release does not constitute an offer to sell or the solicitation of an offer to buy the New Notes or any other security, nor shall there be any offer, solicitation or sale of the New Notes or any other security in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful. About Dine Brands Global, Inc. Based in Pasadena, California, Dine Brands Global, Inc. (NYSE: DIN) ('Dine Brands'), through its subsidiaries, franchises restaurants under both the Applebee's Neighborhood Grill + Bar®, IHOP® and Fuzzy's Taco Shop® brands. As of March 31, 2025, these three brands consisted of over 3,500 restaurants across 19 international markets. Dine Brands is one of the largest full-service restaurant companies in the world and in 2022 expanded into the Fast Casual segment. For more information on Dine Brands, visit the Company's website located at Forward-Looking Statements Statements contained in this press release may constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. You can identify these forward-looking statements by words such as 'may,' 'will,' 'would,' 'should,' 'could,' 'expect,' 'anticipate,' 'believe,' 'estimate,' 'intend,' 'plan,' 'goal' and other similar expressions. These statements involve known and unknown risks, uncertainties and other factors, which may cause actual results to be materially different from those expressed or implied in such statements. These factors include, among other things: general economic conditions, including the impact of inflation, particularly as it may impact our franchisees directly; our level of indebtedness; compliance with the terms of our securitized debt; our ability to refinance our current indebtedness or obtain additional financing; our dependence on information technology; potential cyber incidents; the implementation of corporate strategies, including restaurant development plans; our dependence on our franchisees; the concentration of our Applebee's franchised restaurants in a limited number of franchisees; the financial health of our franchisees, including any insolvency or bankruptcy; credit risks from our IHOP franchisees operating under our previous IHOP business model in which we built and equipped IHOP restaurants and then franchised them to franchisees; insufficient insurance coverage to cover potential risks associated with the ownership and operation of restaurants; our franchisees' and other licensees' compliance with our quality standards and trademark usage; general risks associated with the restaurant industry; potential harm to our brands' reputation; risks of food-borne illness or food tampering; possible future impairment charges; trading volatility and fluctuations in the price of our stock; our ability to achieve the financial guidance we provide to investors; successful implementation of our business strategy; the availability of suitable locations for new restaurants; shortages or interruptions in the supply or delivery of products from third parties or availability of utilities; the management and forecasting of appropriate inventory levels; development and implementation of innovative marketing and use of social media; changing health or dietary preference of consumers; changes in U.S. government regulations and trade policies, including the imposition of tariffs and other trade barriers; risks associated with doing business in international markets; the results of litigation and other legal proceedings; third-party claims with respect to intellectual property assets; delivery initiatives and use of third-party delivery vendors; our allocation of human capital and our ability to attract and retain management and other key employees; compliance with federal, state and local governmental regulations; risks associated with our self-insurance; risks of major natural disasters, including earthquake, wildfire, tornado, flood or a man-made disaster, including terrorism, civil unrest or a cyber incident; risks of volatile and adverse weather conditions as a result of climate change; pandemics, epidemics or other serious incidents; our success with development initiatives outside of our core business; the adequacy of our internal controls over financial reporting and future changes in accounting standards; changes in tax laws; failure to meet investor and stakeholder expectations regarding business responsibility matters; and other factors discussed from time to time in the Corporation's Annual and Quarterly Reports on Forms 10-K and 10-Q and in the Corporation's other filings with the Securities and Exchange Commission. The forward-looking statements contained in this release are made as of the date hereof and the Corporation does not intend to, nor does it assume any obligation to, update or supplement any forward-looking statements after the date hereof to reflect actual results or future events or circumstances. FBN-R
Daily Mail
27-05-2025
- Business
- Daily Mail
Chili's and Applebee's shut down neighboring restaurants in the same city on the same day
A Florida community watched as two fast-casual restaurant titans permanently closed on the same day. Residents in Sarasota are going to have to find a new spot for enchiladas and mozzarella sticks: the local Chili's and Applebee's restaurants both closed. Final plates were served at the Chili's on May 19. The restaurant had been open since 1986. 'It was a great place to hang with friends and meet new ones,' Judd McKean, a local resident and self-described bar-fly, told the Sarasota Herald-Tribune about the closure. 'I'll definitely miss the place.' Restaurant-goers who want to grab a bite at the chain can still head to the Chili's location closer to Lake Sarasota. Similarly, the final Applebee's $1 margaritas were also served from the University Parkway location on May 19. Another location is still serving diners in Fruitville. Nationally, Chili's and Applebee's have been on very different sales trajectories. Dine Brands Global, the owner of Applebee's, reported a 2.2 percent sales decline during its latest earnings on Tuesday. The corporation said Applebee's had raked in $1 billion in the first three months of 2025. In an effort to reinvigorate customers, Applebee's has leaned into more deals and better customer rewards. 'We are focused on elevating guests' experience, enhancing the menu by focusing on our core products, and better communicating offers through dynamic marketing,' John Peyton, the company's CEO, said during the company's March earnings call. Meanwhile, Chili's has had a surprising resurgence. Chili's parent company Brinker International made $1.43 billion inn revenue in the latest quarter, and Chili's same-store sales jumped 31.6 percent. Chili's solid performance has largely been attributed to the company's low-cost meals and constant mentions on social media. Chili's has received enormous goodwill on social media, with customers praising the brand's value-packed menu Fast casual chains across the US have been struggling with a toxic mix of higher food prices and lower consumer appetite Chili's is perhaps the red herring in the fast casual dining industry. Several big-name restaurants — including Hooters, Red Lobster, and TGI Fridays — have all shuttered hundreds of restaurants and declared bankruptcy. Restaurants have been dealing with a toxic mix of inflationary pressures on their offerings. Food prices have skyrocketed, leaving the companies with higher costs to run their stores. Meanwhile, middle-class shoppers, the core audience for the chains, have cut back on discretionary spending as they pay higher prices at the grocery store. Combining lower revenues with higher costs to stay alive has given several brands a poison pill. and cut back their year-long forecasts.
Yahoo
14-05-2025
- Business
- Yahoo
Dine Brands Global, Inc. (DIN): One of the Underperforming Stocks Targeted By Short Sellers
We recently published a list of . In this article, we are going to take a look at where Dine Brands Global, Inc. (NYSE:DIN) stands against other underperforming stocks targeted by short sellers. Short interest refers to the percentage of publicly available shares that have been sold short. It is an indicator used by many investors to determine how strong a company's bear thesis may be. Due to the nature of short selling, the short interest has become a popular indicator among investors. The reason it is given so much weightage is that people betting against a stock have usually done solid research and are confident of a company's downfall. They take unlimited risk, so when big investors or the smart money shorts a stock, people take notice. They try to unearth the red flags that may have prompted the high short interest. We decided to dig deeper and try to find out where smart money sees trouble ahead. To come up with our list of 20 underperforming stocks targeted by short sellers, we looked at the worst-performing stocks of the last six months and then ranked them by the short interest. A family enjoying their meal at a restaurant from the company's franchise operations. Short interest: 17.68% 6 months' performance: -34.93% Dine Brands Global, Inc. (NYSE:DIN) operates as an owner, franchisor, and operator of restaurants. It operates in the company restaurant operations, Rental operations, Franchise operations, and Financing operations segments. The firm's Q4 2024 quarterly earnings shattered investor sentiment, something that didn't significantly improve after yesterday's Q1 2025 earnings call either. Dine Brands Global (NYSE:DIN) reported a 4.1% revenue growth, which finally broke the 7-quarter falling revenue streak. EOS came in at $1.03, missing estimates by $0.21 while revenue clocked in at $214.8 million, missing estimates by $0.29 million. As per the guidance, the management expects the Applebee's same-store sales growth in a range of -2% to 1% year-over-year. IHOP same-store sales are anticipated to be between -1% to 2% year-over-year. Overall, DIN ranks 6th on our list of underperforming stocks targeted by short sellers. While we acknowledge the potential of DIN as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than DIN but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey.
Business Wire
14-05-2025
- Business
- Business Wire
Dine Brands Global, Inc. Announces Second Quarter 2025 Dividend
PASADENA, Calif.--(BUSINESS WIRE)--Dine Brands Global, Inc. (NYSE: DIN), the parent company of Applebee's Neighborhood Grill + Bar®, IHOP® and Fuzzy's Taco Shop® restaurants, today announced that its Board of Directors declared a quarterly cash dividend of $0.51 per share of common stock. The dividend will be payable on July 9, 2025, to the Company's stockholders of record at the close of business on June 20, 2025. About Dine Brands Global, Inc. Based in Pasadena, California, Dine Brands Global, Inc. (NYSE: DIN), through its subsidiaries and franchisees, supports and operates restaurants under the Applebee's Neighborhood Grill + Bar®, IHOP®, and Fuzzy's Taco Shop® brands. As of March 31, 2025, these three brands consisted of over 3,500 restaurants across 19 international markets. Dine Brands is one of the largest full-service restaurant companies in the world and in 2022 expanded into the Fast Casual segment. For more information on Dine Brands, visit the Company's website located at Forward-Looking Statements Statements contained in this press release may constitute 'forward-looking statements' within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. You can identify these forward-looking statements by words such as 'may,' 'will,' 'would,' 'should,' 'could,' 'expect,' 'anticipate,' 'believe,' 'estimate,' 'intend,' 'plan,' 'goal' and other similar expressions. These statements involve known and unknown risks, uncertainties and other factors, which may cause actual results to be materially different from those expressed or implied in such statements. These factors include, but are not limited to: general economic conditions, including the impact of inflation, particularly as it may impact our franchisees directly; our level of indebtedness; compliance with the terms of our securitized debt; our ability to refinance our current indebtedness or obtain additional financing; our dependence on information technology; potential cyber incidents; the implementation of corporate strategies, including restaurant development plans; our dependence on our franchisees; the concentration of our Applebee's franchised restaurants in a limited number of franchisees; the financial health of our franchisees including any insolvency or bankruptcy; credit risks from our IHOP franchisees operating under our previous IHOP business model in which we built and equipped IHOP restaurants and then franchised them to franchisees; insufficient insurance coverage to cover potential risks associated with the ownership and operation of restaurants; our franchisees' and other licensees' compliance with our quality standards and trademark usage; general risks associated with the restaurant industry; potential harm to our brands' reputation; risks of food-borne illness or food tampering; possible future impairment charges; trading volatility and fluctuations in the price of our stock; our ability to achieve the financial guidance we provide to investors; successful implementation of our business strategy; the availability of suitable locations for new restaurants; shortages or interruptions in the supply or delivery of products from third parties or availability of utilities; the management and forecasting of appropriate inventory levels; development and implementation of innovative marketing and use of social media; changing health or dietary preference of consumers; changes in U.S. government regulations and trade policies, including the imposition of tariffs and other trade barriers; risks associated with doing business in international markets; the results of litigation and other legal proceedings; third-party claims with respect to intellectual property assets; delivery initiatives and use of third-party delivery vendors; our allocation of human capital and our ability to attract and retain management and other key employees; compliance with federal, state and local governmental regulations; risks associated with our self-insurance; risks of major natural disasters, including earthquake, wildfire, tornado, flood or a man-made disaster, including terrorism, civil unrest or a cyber incident; risks of volatile and adverse weather conditions as a result of climate change; pandemics, epidemics, or other serious incidents; our success with development initiatives outside of our core business; the adequacy of our internal controls over financial reporting and future changes in accounting standards; changes in tax laws; failure to meet investor and stakeholder expectations regarding business responsibility matters; and other factors discussed from time to time in the Corporation's Annual and Quarterly Reports on Forms 10-K and 10-Q and in the Corporation's other filings with the Securities and Exchange Commission. The forward-looking statements contained in this press release are made as of the date hereof and the Corporation does not intend to, nor does it assume any obligation to, update or supplement any forward-looking statements after the date hereof to reflect actual results or future events or circumstances. FBN-R
