DineEquity, Inc. to Present at the Goldman Sachs Investor Conference on June 2nd
May 29 2008 - 4:00PM
Marketwired
GLENDALE, CA (NYSE: IHP) today announced that management will
present a Company overview to investors at the 2008 Goldman Sachs
Lodging, Gaming, Restaurant and Leisure Conference on June 2, 2008,
at 9:00 a.m. Eastern Time in New York, New York. A live webcast of
the presentation will be available on DineEquity's corporate Web
site at www.dineequity.com, and may be accessed by visiting Calls
& Presentations under the site's Investor Information section.
Participants should allow approximately ten minutes prior to the
presentation start time to visit the site and download any
streaming media software needed to listen to the webcast. An
archive of the webcast will be available a few hours after the live
presentation is completed.
As previously announced, IHOP Corp. will change its corporate
name to DineEquity, Inc. on June 2, 2008. The Company's common
stock will begin trading under the symbol "DIN" on the New York
Stock Exchange effective June 2, 2008.
About DineEquity, Inc.
Based in Glendale, California, DineEquity, Inc. franchises and
operates restaurants under the Applebee's Neighborhood Grill &
Bar and IHOP brands. With more than 3,300 restaurants combined,
DineEquity is the largest full-service restaurant company in the
world. For more information on DineEquity, visit the Company's Web
site located at www.dineequity.com.
Forward-Looking Statements
There are forward-looking statements contained in this news
release. They use such words as "may," "will," "expect," "believe,"
"plan," or other similar terminology, and include statements
regarding the strategic and financial benefits of the acquisition
of Applebee's International, Inc., expectations regarding
integration and cost savings, and other financial guidance. These
statements involve known and unknown risks, uncertainties and other
factors, which may cause the actual results to be materially
different than those expressed or implied in such statements. These
factors include, but are not limited to: the implementation of the
Company's strategic growth plan; the availability of suitable
locations and terms for the sites designated for development; the
ability of franchise developers to fulfill their commitments to
build new restaurants in the numbers and time frames covered by
their development agreements; legislation and government regulation
including the ability to obtain satisfactory regulatory approvals;
risks associated with executing the Company's strategic plan for
Applebee's; risks associated with the Company's incurrence of
significant indebtedness to finance the acquisition of Applebee's;
the failure to realize the synergies and other perceived advantages
resulting from the acquisition; costs and potential litigation
associated with the acquisition; the ability to retain key
personnel after the acquisition; conditions beyond the Company's
control such as weather, natural disasters, disease outbreaks,
epidemics or pandemics impacting the Company's customers or food
supplies; or acts of war or terrorism; availability and cost of
materials and labor; cost and availability of capital; competition;
continuing acceptance of the IHOP, International House of Pancakes
and Applebee's brands and concepts by guests and franchisees; the
Company's overall marketing, operational and financial performance;
economic and political conditions; adoption of new, or changes in,
accounting policies and practices; and other factors discussed from
time to time in the Company's news releases, public statements
and/or filings with the Securities and Exchange Commission,
especially the "Risk Factors" sections of Annual and Quarterly
Reports on Forms 10-K and 10-Q. Forward-looking information is
provided by the Company pursuant to the safe harbor established
under the Private Securities Litigation Reform Act of 1995 and
should be evaluated in the context of these factors. In addition,
the Company disclaims any intent or obligation to update these
forward-looking statements.
Stacy Roughan Director, Investor Relations DineEquity, Inc.
818-637-3632
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