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Friday, Mar 29, 2024

IHOP Same-Store Sales Up

IHOP Corp.’s CEO Julia Stewart announced that system-wide same-store sales increased 5.1 percent during the first quarter. “We are pleased with our system’s exceptional same-store sales growth of 5.1 percent in the first three months of fiscal 2006,” Stewart said. “This represents the sixth quarter in which we have exceeded five percent same-store growth since implementing our new business model and strategic focus at the beginning of 2003.” As of the end of March, there were 1,252 IHOP restaurants in 48 states and Canada.

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