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Thursday, Apr 18, 2024

IHOP Provides 2006 Guidance

IHOP Corp. expects earnings per share to range between $2.25 and $2.35 on a diluted basis for the company’s 2006 year. The Glendale-based operator of casual restaurants said its earnings guidance was based upon an expectation of same-store sales growth ranging between 2 percent and 4 percent this year, the addition of 64 to 69 new restaurants and other factors.

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