Applebee's serves up 2007 forecast with stock buyback
14th Nov 2006, 17:43 GMT
Applebee's International Inc. issued a forecast for the 2007 fiscal year that includes small increases in per-share earnings and comparable sales. To sweeten its outlook for investors, however, the company said its board had authorized as much as $150 million more to repurchase Applebee's stock.
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