Earnings release
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News Release Exhibit 99.1 Applebees IHOP DI NE BRANDE Ten New Restaurants Opened by Franchisees Cash Position Remains Strong Investor Contact Ken Diptee Executive Director , Investor Relations Dine Brands Global , Inc. 818-637-3632 Ken.Diptee@dinebrands.com Dine Brands Global , Inc. Reports Second Quarter 2021 Results Significant Improvement in Domestic System - Wide Comparable Same - Restaurant Sales 99 % of Domestic Restaurants Open Vice President , Global Communications and Public Affairs Dine Brands Global , Inc. Susan.Nelson@dinebrands.com Media Contact Susan Nelson GLENDALE , Calif . , August 5 , 2021 – Dine Brands Global , Inc. ( NYSE : DIN ) , the parent company of Applebee's Neighborhood Grill + Bar® and IHOP® restaurants , today announced financial results for the second quarter of 2021 . " Our strong second - quarter results reflect the perseverance of the Dine Brands system as comp sales for both brands improved significantly . I'm thankful to our teams who have worked so hard to serve our guests and enhance the restaurant experience , ” said John Peyton , chief executive officer of Dine Brands Global , Inc. Mr. Peyton added , " Both Applebee's and IHOP continue to make meaningful progress in a challenging environment . Relative to 2019 , Applebee's posted its best quarterly comp sales performance in over a decade . IHOP's second - quarter comp sales improved markedly relative to 2019. Our solid fundamentals generated significant adjusted free cash flow and enabled us to maintain a healthy cash position . Our business is built to win thanks to our two iconic brands . Our franchisees are emerging from the pandemic with stable fundamentals . I'm confident we will continue to build on this momentum as we further accelerate innovation , while also focusing on our guests ' needs and accelerating growth . " Vance Chang , chief financial officer , added , " We are very pleased with the progress we have made in the second quarter . Looking ahead , our optimism is somewhat tempered by continued volatility , which include labor shortages and variants of COVID - 19 . We remain steadfast in executing our strategy to improve profitability and accelerate sustainable growth . " Page 1 of 16