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IHOP IHOP International House Of Pancakes (restaurant chain)
iHOP Information Hyperlinked Over Proteins
IHOP International House of Prayer
IHOP International H2O Project
IHOP International House of Pain
 CORP.

Symbol: IHP ihp or i.hp.
abbr.
indicated horsepower
 Exchange: NYSE NYSE

See: New York Stock Exchange
 Close: $45.05 1-WK % Chg: 14.3%

Business Overview

IHOP Corp., incorporated in 1976, develops, franchises and operates the International House of Pancakes (IHOP), a chain of family restaurant located in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area.  and Canada. IHOP restaurants feature table service and moderately priced food and beverage F&B is a common abbreviation in the United States and Commonwealth countries, including Hong Kong. F&B is typically the widely accepted abbreviation for "Food and Beverage," which is the sector/industry that specializes in the conceptualization, the making of, and delivery of foods.  items in a comfortable atmosphere. Although the restaurants are known for their pancakes, omelets and other breakfast specialties, IHOP restaurants also offer an array of lunch, dinner and snack items. The restaurants are open throughout the day and evening hours, and many locations operate 24 hours a day. During the year ended December 31, 2004, there were 1,186 IHOP restaurants. Franchisees operated 1,028 of these restaurants, area licensees operated 148 restaurants and the company operated 10 restaurants. Franchisees and area licensees are independent third parties, who are licensed by IHOP to operate their restaurants using the Company's trademarks, operating systems Operating systems can be categorized by technology, ownership, licensing, working state, usage, and by many other characteristics. In practice, many of these groupings may overlap.  and methods. IHOP restaurants are located in 48 states and Canada.
Income Statement                 LTM *       2004

Revenue (millions)              $349.7    $359.0
Operating Income (millions)       62.7      68.3
Net Income (millions)             40.1      33.4
EPS                              $2.00     $1.61

Summary

Headquarters: Glendale
Market Cap: $878.8
Dividend Yield: 2.2%
P/E Ratio: 21.6

* Latest 12 months ended June 2005
COPYRIGHT 2005 CBJ, L.P.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Article Details
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Title Annotation:IHOP Corp.
Publication:Los Angeles Business Journal
Article Type:Brief Article
Geographic Code:1USA
Date:Oct 24, 2005
Words:217
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