Dine CEO Joyce Sees Lower Food Costs in 2019

The transcript discusses the strong performance of Applebee's and IHOP, highlighting their sales growth and strategic initiatives. It covers the companies' growth strategies, including potential acquisitions and franchise expansion. The transcript also addresses the successful turnaround of the brands, emphasizing consumer engagement and franchisee profitability. Challenges such as labor costs and food commodities are discussed, along with promotional strategies that drive customer traffic and profitability.

What was one of the successful marketing initiatives introduced by Applebee's?

• Buy One Get One Free

• Half-Price Appetizers

• Free Desserts

• Dollar Zombie

What is one of the strategies mentioned for fueling growth in the brands?

• Cutting employee benefits

• Increasing menu prices

• Acquisitions and franchise growth

• Reducing store hours

What is the potential new addition to the company's portfolio?

• A third brand

• A new marketing campaign

• A new menu item

• A new store location

How are the franchisees benefiting from the current strategies?

• They are experiencing lower sales

• They are making more money

• They are facing higher labor costs

• They are losing customers

What is the outlook for food commodity costs next year?

• They will decrease slightly

• They will double

• They will increase significantly

• They will remain the same