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Saturday, Nov 23, 2024

IHOP Sales Increase for Quarter

Glendale-based IHOP Corp. has reported a 3.1 percent increase in same-store sales during the most recent quarter ended June 30. The company credited the boost to a series of limited-time promotions that drew more people to the stores. Same-store sales have increased 4.1 percent since the beginning of 2006, higher than the company’s predictions. The increases come as IHOP’s competitors grapple with weaker sales reports and amid a difficult consumer-spending environment, the company said.

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