{"id":113888,"date":"2020-11-17T20:04:00","date_gmt":"2020-11-17T17:04:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/ihop-parent-names-new-ceo-effective-jan-4-2021\/"},"modified":"2020-11-17T20:04:00","modified_gmt":"2020-11-17T17:04:00","slug":"ihop-parent-names-new-ceo-effective-jan-4-2021","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/ihop-parent-names-new-ceo-effective-jan-4-2021\/","title":{"rendered":"#\n  IHOP parent names new CEO, effective Jan. 4, 2021"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a2ba6d8768ed\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a2ba6d8768ed\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/ihop-parent-names-new-ceo-effective-jan-4-2021\/#Dine_Brands_is_facing_challenges_including_new_COVID-19_restrictions\" >Dine Brands is facing challenges, including new COVID-19 restrictions<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/buradabiliyorum.com\/en\/ihop-parent-names-new-ceo-effective-jan-4-2021\/#IHOP_parent_Dine_Brands_has_a_new_CEO_amid_continuing_coronavirus-related_challenges\" >IHOP parent Dine Brands has a new CEO amid continuing coronavirus-related challenges<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/buradabiliyorum.com\/en\/ihop-parent-names-new-ceo-effective-jan-4-2021\/#Tonya_Garcia\" >Tonya Garcia<\/a><\/li><\/ul><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<p>&#8220;<strong>#<br \/>\n  IHOP parent names new CEO, effective Jan. 4, 2021<br \/>\n<\/strong>&#8221;<\/p>\n<h2 class=\"article__subhead\" itemprop=\"alternativeHeadline\"><span class=\"ez-toc-section\" id=\"Dine_Brands_is_facing_challenges_including_new_COVID-19_restrictions\"><\/span>\n  Dine Brands is facing challenges, including new COVID-19 restrictions<br \/>\n<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><\/p>\n<div class=\"column column--full article__content\">\n<div id=\"js-article__body\" class=\"article__body article-wrap at16-col16 barrons-article-wrap\" itemprop=\"articleBody\" data-sbid=\"WP-MKTW-0000071390\">\n<div class=\"barrons-article-ad-wrapper\">\n<div data-track=\"barrons-article-ad-wrap\" class=\"barrons-article-ad sticky_item\">\n<div class=\"barrons-main-article-ad-target sticky_target body_ad\" aria-hidden=\"true\"><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div data-layout=\"inline\n              \" data-layout-mobile=\"\" class=\"\n        media-object\n        type-InsetMediaIllustration\n          inline\n  article__inset\n        article__inset--type-InsetMediaIllustration\n          article__inset--inline\n  \"><\/p>\n<figure class=\"\n        media-object-image\n        enlarge-image\n        renoImageFormat-\n        img-inline\n        article__inset__image\n      \" itemscope itemtype=\"http:\/\/schema.org\/ImageObject\"><\/p>\n<div style=\"padding-bottom:70.3125%;\" data-mobile-ratio=\"70.3125%\" data-layout-ratio=\"70.3125%\" data-subtype=\"\" class=\"image-container  responsive-media article__inset__image__image\">\n        <img decoding=\"async\" srcset=\"https:\/\/images.mktw.net\/im-261105?width=140&amp;size=1.4222222222222223 140w,\nhttps:\/\/images.mktw.net\/im-261105?width=540&amp;size=1.4222222222222223 540w,\nhttps:\/\/images.mktw.net\/im-261105?width=620&amp;size=1.4222222222222223 620w,\nhttps:\/\/images.mktw.net\/im-261105?width=700&amp;size=1.4222222222222223 700w,\nhttps:\/\/images.mktw.net\/im-261105?width=860&amp;size=1.4222222222222223 860w,\nhttps:\/\/images.mktw.net\/im-261105?width=1260&amp;size=1.4222222222222223 1260w\" sizes=\"(max-width: 140px) 100px,\n(max-width: 540px) 500px,\n(max-width: 620px) 580px,\n(max-width: 700px) 660px,\n(max-width: 860px) 820px,\n1260px\" src=\"https:\/\/images.mktw.net\/im-261105?width=620&amp;size=1.4222222222222223\" data-enlarge=\"https:\/\/images.mktw.net\/im-261105?width=1260&amp;size=1.4222222222222223\" alt=\"\" title=\"IHOP parent Dine Brands has a new CEO amid continuing coronavirus-related challenges\"><\/div><figcaption class=\"wsj-article-caption article__inset__image__caption\" itemprop=\"caption\">\n<h4 class=\"wsj-article-caption-content\"><span class=\"ez-toc-section\" id=\"IHOP_parent_Dine_Brands_has_a_new_CEO_amid_continuing_coronavirus-related_challenges\"><\/span>IHOP parent Dine Brands has a new CEO amid continuing coronavirus-related challenges<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>      <span class=\"wsj-article-credit article__inset__image__caption__credit\" itemprop=\"creator\"><br \/>\n            Getty Images<br \/>\n          <\/span><br \/>\n  <\/figcaption><\/figure>\n<\/div>\n<p>       Dine Brands Inc.<br \/>\n        DIN,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/205160666\/composite\" class=\"negative\">-3.54%<\/bg-quote><br \/>\n       announced Tuesday that John Peyton has been named chief executive, effective Jan. 4, 2021.<\/p>\n<p> Peyton succeeds Steve Joyce, who has been in the role since 2017. The CEO search was announced <a rel=\"nofollow noopener noreferrer\" target=\"_blank\" href=\"https:\/\/investors.dineequity.com\/index.php\/news-releases\/news-release-details\/dine-brands-global-inc-announces-ceo-search\" class=\"icon none\">in May<\/a>. Joyce\u2019s employment agreement expires on Feb. 1, 2021.<\/p>\n<div class=\"paywall\">\n       Peyton joins from Realogy Franchise Group, a subsidiary of Realogy Holdings Corp.<br \/>\n        RLGY,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/201151464\/composite\" class=\"negative\">-2.82%<\/bg-quote><br \/>\n       and a franchisor in the real-estate industry. Among the names that Realogy has franchised are Century 21 and Coldwell Banker. Peyton was president from 2016. He also worked with Starwood Hotels and Resorts Worldwide for 17 years.<\/p>\n<p>Dine Brands, parent company to IHOP and <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">App<\/a>lebee\u2019s restaurant chains, recently reported earnings that beat expectations and plans to review underperforming IHOP locations with 100 possible closures over the next six months.<\/p>\n<p><strong>See:<\/strong> Papa John\u2019s CEO says the company has added more than 8 million new customers this year <\/p>\n<p>The company is also facing new indoor capacity restrictions in Michigan, Washington and Oregon, among other cities and states where the coronavirus is surging.<\/p>\n<p>Truist Securities says Applebee\u2019s is the most negatively impacted in its coverage with 8.1% of U.S. locations in those three states. IHOP has 3.9% exposure.<\/p>\n<p>But Wedbush analysts say restaurant chains have the benefit of experience now.<\/p>\n<p>\u201cCasual and family diners have proven they can weather even the worst-case scenario of a second nationwide shutdown through sustained off-premise sales, a reduction in costs, and liquidity positions across the board that are similar to or better than pre-COVID levels,\u201d analysts wrote.<\/p>\n<div id=\"cx-membership-tile\"><\/div>\n<p>Wedbush rates Dine Brands outperform with a $73 price target.<\/p>\n<p>In its restaurant report, Wedbush also upgraded Cheesecake Factory Inc.<br \/>\n        CAKE,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/207909209\/composite\" class=\"negative\">-1.53%<\/bg-quote><br \/>\n       to outperform from neutral with a $45 price target, up from $31.<\/p>\n<p>\u201cIn more than 50% of retail centers where a Cheesecake Factory location exists, at least one competitor has shuttered,\u201d analysts said. \u201cWhile these locations will likely be filled over time, we believe that in the near- to medium-term, Cheesecake Factory\u2019s mall-based locations have become a tailwind.\u201d  <\/p>\n<p><strong>Also:<\/strong> Noodles &amp; Co. CEO says there\u2019s an \u2018opportunity for growth\u2019 as pre-COVID trends accelerate <\/p>\n<p>Analysts also think that another brand in the Cheesecake Factory portfolio, North Italia, could exceed pre-COVID expectations.<\/p>\n<p>Cheesecake Factory stock is down 7.7% for the year to date.<\/p>\n<p>Dine Brands shares have tumbled nearly 25% for the year to date. And the S&amp;P 500 index<br \/>\n        SPX,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/210599714\/realtime\" class=\"negative\">-0.39%<\/bg-quote><br \/>\n       has gained nearly 12% for the period.<\/p><\/div>\n<\/div><\/div>\n<p><\/p>\n<div class=\"byline article__byline\">\n<p>      <span>By<\/span><\/p>\n<div class=\"author  hasMenu\" data-scrim='{\"type\":\"author\",\"header\":\"Tonya Garcia\",\"subhead\":\"The Wall Street Journal\",\"list\":[]}' itemscope itemprop=\"author\" itemtype=\"http:\/\/schema.org\/Person\">\n<h4 itemprop=\"name\"><span class=\"ez-toc-section\" id=\"Tonya_Garcia\"><\/span>Tonya Garcia<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<\/p><\/div>\n<\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/news\/\" target=\"_blank\" rel=\"noopener noreferrer\">News category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"http:\/\/www.marketwatch.com\/news\/story.asp?guid=%7B21005575-02D4-D4B5-4572-D116DE616470%7D&#038;siteid=rss&#038;rss=1\" target=\"_blank\" rel=\"noopener noreferrer\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# IHOP parent names new CEO, effective Jan. 4, 2021 &#8221; Dine Brands is facing challenges, including new COVID-19 restrictions IHOP parent Dine Brands has a new CEO amid continuing coronavirus-related challenges Getty Images Dine Brands Inc. DIN, -3.54% announced Tuesday that John Peyton has been named chief executive, effective Jan. 4, 2021. Peyton succeeds&#8230;<\/p>\n","protected":false},"author":1,"featured_media":113889,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[],"class_list":["post-113888","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/113888","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=113888"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/113888\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/113889"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=113888"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=113888"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=113888"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}