DineEquity 3Q profit rises 2.3%

DineEquity 3Q profit rises 2.3%

Company raises year-end sales forecast for Applebee’s, IHOP

DineEquity Inc.’s net income and revenue rose during the third quarter, which the operator attributed to strong same-store sales growth across its IHOP and Applebee’s Neighborhood Grill & Bar chains, and reduced operating expenses, the company reported Tuesday.

The Glendale, Calif.-based operator’s revenue increased 1 percent, to $162.9 million, during the third quarter ended Sept. 30, while net income increased 2.3 percent, to $21.5 million, compared with the same period la

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