Dine Brands Global, Inc. (NYSE:DIN) Q3 2024 Earnings Conference Call November 6, 2024 9:00 AM ET
Company Participants
Matt Lee - Senior Vice President, Finance and Investor Relations
John Peyton - Chief Executive Officer
Vance Chang - Chief Financial Officer
Jay Johns - President, IHOP
Tony Moralejo - President, Applebee's
Conference Call Participants
Eric Gonzalez - KeyBanc
Pratik Patel - Barclays
Nick Setyan - Wedbush
Dennis Geiger - UBS
Brian Vaccaro - Raymond James
Jake Bartlett - Truist Securities
Todd Brooks - The Benchmark Company
Operator
Good day, and thank you for standing by. Welcome to the Dine Brands' Third Quarter Earnings Conference Call. At this time, all participants are in listen-only mode. After the speakers' presentation, there will be a question-and-answer session. [Operator Instructions] Please be advised that today's conference is being recorded.
I would now like to hand the conference over to your host today, Matt Lee, Senior Vice President of Finance and Investor Relations. Please go ahead.
Matt Lee
Good morning, and welcome to Dine Brands Global's Third Quarter Fiscal 2024 Conference Call. This morning's call will include prepared remarks from John Peyton, CEO; and Vance Chang, CFO. Following those prepared remarks, Tony Moralejo, President of Applebee's; and Jay Johns, President of IHOP, will also be available to address questions from the investment community during the Q&A portion of the call.
Please remember our safe harbor regarding forward-looking information. During the call, management will discuss information that is forward-looking and involves known and unknown risks, uncertainties and other factors, which may cause the actual results to be different than those expressed or implied. Please evaluate the forward-looking information in the context of these factors, which are detailed in today's press release and 10-Q filing. The forward-looking statements are as of today, and we assume no obligation to update or supplement these statements.
We will refer to certain non-GAAP financial measures, which are described in our press release and available on Dine Brand's Investor Relations website. For calendar planning purposes, we are tentatively scheduled to release our Q4 2024 earnings before the market opens on February 25, 2025, and to host a conference call that morning to discuss the results.
With that, it is my pleasure to turn the call over to Dine Brands' CEO, John Peyton.
John Peyton
Good morning, everyone, and thanks for joining us for our third quarter earnings call. I'll begin by discussing our plans for IHOP's leadership transition. As we announced in September, after 16-years at Dine and the last six as IHOP's President, Jay Johns has announced his retirement. Jay will step down from his role in January and will remain involved with IHOP in an advisory capacity until March of 2025. Jay's tenure is marked by IHOP's strengthened market position, now operating over 1,800 restaurants globally. And while we'll miss his daily presence, we're tremendously grateful for his continued support during the transition period.