January 25, 2015 1:20 PM ET

Hotels, Restaurants and Leisure

Company Overview of International Dairy Queen, Inc.

Company Overview

International Dairy Queen, Inc. owns, operates, and franchises restaurants in the United States, Canada, and internationally. The company produces ice cream. The company offers lunch, sides and salads, kid's meals, treats, waffles and cones, sundaes, hand-spun beverages, orange juices, icy and cold beverages, and cakes. The company was founded in 1962 and is based in Minneapolis, Minnesota.

7505 Metro Boulevard

Suite 500

Minneapolis, MN 55439-0286

United States

Founded in 1962

643 Employees

Phone:

952-830-0200

Fax:

952-830-0227

Key Executives for International Dairy Queen, Inc.

Chief Executive Officer and President
Age: 56
Chief Operating Officer
Vice President of Law and General Counsel
Age: 68
Secretary
Age: 77
Director of Communications
Compensation as of Fiscal Year 2014.

International Dairy Queen, Inc. Key Developments

Global burger chains seek PE appetiser before India push

Global burger chains Carl Karcher Enterprises, Inc., The Wendy's Company (NasdaqGS:WEN), International Dairy Queen, Inc. and The Johnny Rockets Group, Inc. are seeking to raise funds from private equity players to launch or expand their India business.

Dairy Queen Mulls Partners In India

International Dairy Queen, Inc. wants a quick bite of India's fast growing QSR (quick service restaurant) market. Dairy Queen is looking for new partners to launch its burger chain in India, reported Economic Times citing a person familiar with the matter. The person said, "The company would initially want to look at opening around 100 burger stores here."

The Dairy Queen System to Open First Location in New York City

The Dairy Queen system, part of Berkshire Hathaway announced its official entry into New York City with the scheduled opening of its Manhattan restaurant this spring. Located at 54 West 14th Street between 5th and 6th Avenues, this new restaurant will create more than 50 jobs on a continuous basis and will be the first ever two-story DQ Grill & Chill(R) restaurant in the country. LSQ Foods has signed a multi-unit agreement and will operate the Manhattan location. The company plans to aggressively expand in Manhattan with the DQ(R) brand. The two-story, 2,500 square-foot Manhattan DQ Grill & Chill restaurant will seat more than 100 and will offer a full food and treat menu including $5 Buck Lunch, the only value meal in the quick-service restaurant industry that comes with a sundae. Traditional and indulgent Dairy Queen soft serve treats that everybody knows and loves are also on the menu, such as signature Blizzard Treats, DQ Cakes and cones as well as Orange Julius Premium Fruit Smoothies and Orange Julius Light Smoothies. In 2013, the Dairy Queen system opened two DQ Grill & Chill locations just outside Manhattan, one in Massapequa and one in the Staten Island Ferry Terminal.

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