Applebee's Q4 Comp Sales -4.7% YoY, IHOP's Q4 Comp Sales -2.8% YoY

Benzinga
03-05

Domestic Restaurant Sales for the Fourth Quarter of 2024

  • Applebee's year-over-year domestic comparable same-restaurant sales declined 4.7% for the fourth quarter of 2024. Off-premise sales accounted for 21.6% of sales mix in the fourth quarter of 2024 representing per restaurant average weekly sales of approximately $11,000.
  • IHOP's year-over-year domestic comparable same-restaurant sales declined 2.8% for the fourth quarter of 2024. Off-premise sales accounted for 20.4% of sales mix in the fourth quarter of 2024, representing per restaurant average weekly sales of approximately $7,800.

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