DineEquity tweaks value strategy at Applebee's, IHOP

Applebee’s Neighborhood Grill & Bar and IHOP restaurants will continue to emphasize value, but IHOP plans to move away from limited-time-offers, executives of parent DineEquity Inc. said in a call Thursday discussing fourth quarter earnings.

DineEquity swung to a profit in the fourth quarter ended Dec. 31, earning $27.3 million, or $1.51 a share, compared with a loss of $58.1 million, or $3.33 a share, in the same quarter last year. Revenue fell 19.3 percent, to $242.2 millio

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