IHOP, Applebee's see bump in 1st-Q comps

GLENDALE Calif. IHOP Corp., parent to the IHOP family-dining and the Applebee’s casual-dining brands, said Thursday that same-store sales rose at both chains for the first quarter ended March 31, driven by limited-time offers and menu price increases. However, the company also reported that guest traffic at IHOP remained flat from a year ago and continued to decline at Applebee’s.

For the first quarter of the year, systemwide same-store sales rose 3.7 percent

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