Subscribe
Login
Food and Drink

Applebee's and IHOP Are Latest Chains to See Big Potential in Delivery

Danni Santana

Skift Take

While earnings for Dine Brands' companies tell two different stories, returns from off-premise sales for both are too big to ignore.

It’s the same earnings story for Dine Brands again: Applebee’s sales continue to climb, while IHOP’s remain stagnant. Applebee’s, on Wednesday, reported a domestic system-wide store sales increase of 7.7 percent, marking the fourth consecutive quarter of growth for the company. Sustained gains in the third quarter are attributed to a boost in customer traffic in and a 37 percent spike in off-premise orders, according to President John Cywinski. Total same-store sales for the restaurant chain are up 5.5 percent this year, a far cry from where the company stood 18 months ago when Applebee’s same store sales declined nearly 8 percent in the first quarter. What ensued was Dine

Get unlimited access with Skift Pro.

Subscribe now for complete access to Skift.com's trusted coverage of the travel industry.

Apple Pay, Google Pay, Paypal, VISA, Mastercard, Discover, American Express

Already a subscriber? Login