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Dine Brands Global ( (DIN) ) has shared an update.
On February 5, 2025, Dine Brands Global announced the departure of Tony Moralejo as President of the Applebee’s Business Unit, effective March 4, 2025. John Peyton, CEO of Dine Brands, will serve as Interim President while the company searches for a successor. The transition aims to capitalize on growth opportunities, focusing on digital, menu innovation, and expansion. Moralejo will stay on as an advisor until June 4, 2025, ensuring a smooth transition.
More about Dine Brands Global
Based in Pasadena, California, Dine Brands Global, Inc. (NYSE: DIN) franchises restaurants under the Applebee’s Neighborhood Grill + Bar, IHOP, and Fuzzy’s Taco Shop brands. As of September 30, 2024, it operated over 3,500 restaurants in 19 international markets, establishing itself as one of the largest full-service restaurant companies globally. In 2022, it expanded into the Fast Casual segment.
YTD Price Performance: -0.30%
Average Trading Volume: 543,846
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $454.3M
For an in-depth examination of DIN stock, go to TipRanks’ Stock Analysis page.
