- Applebee's franchise operator RMH Franchise Holdings plans to close 10 to 20 restaurants as part of its bankruptcy reorganization, according to The Wall Street Journal's Becky Yerak.
- Applebee's owner Dine Equity (DIN -1.7%) addressed the financial health of its franchisees during its Q1 earnings call, but didn't mention any expectation of closings.
- Applebee's posted a solid 3.3% gain in comparable sales at U.S. stores in Q1.
Applebee's franchisee to close stores
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Symbol | Last Price | % Chg |
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DIN | - | - |
Dine Brands Global, Inc. |