IHOP pulls down DineEquity 2Q results

IHOP pulls down DineEquity 2Q results

DineEquity Inc., parent to IHOP and Applebee's, said Tuesday it would reevaluate the IHOP's brand use of value as sales for the family-dining chain fell, even as the turnaround at Applebee's continued to gain momentum.

Second-quarter results for DinEquity were hurt by IHOP's performance, which included a 2.9-percent drop in same-store sales, but also were depressed by impairment charges and the refranchising initiative at Applebee's.

For the second quarter ended June 30, Glendal

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