IHOP 2012 Annual Report Download - page 2

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in debt reduction
$1 billion
Over
We look forward to what’s next.
So will you.
Five years ago, we set a series of goals
after acquiring Applebee’s. Today, we’ve
accomplished them all — and we’re a
stronger, more aligned, better performing
company as a result. We’ve improved
operations, built strong relationships
with franchisees, and demonstrated
that together, our DineEquity® team
can achieve great success
99%franchised
#1
brands in their respective categories
Two