IHOP Corp. (IHP) Same-Store Sales Increased 5.1%
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IHOP Corp. (NYSE: IHP) announced that its system-wide same-store sales increased 5.1% for the quarter ended March 31, 2006.
Julia A. Stewart, IHOP's President and Chief Executive Officer, said, "We are pleased with our system's exceptional same-store sales growth of 5.1% in the first three months of fiscal 2006. This represents the 6th quarter in which we have exceeded 5% same-store sales growth since implementing our new business model and strategic focus at the beginning of 2003."
Julia A. Stewart, IHOP's President and Chief Executive Officer, said, "We are pleased with our system's exceptional same-store sales growth of 5.1% in the first three months of fiscal 2006. This represents the 6th quarter in which we have exceeded 5% same-store sales growth since implementing our new business model and strategic focus at the beginning of 2003."
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