International Dairy Queen, Inc. | Company profile from Hoover's
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International Dairy Queen, Inc. · Minneapolis, MN United States

7505 Metro Blvd.Phone: 952-830-0200
MinneapolisMNFax: 952-830-0273
55439
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International Dairy Queen, Inc. Rankings

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Company Description

International Dairy Queen (IDQ) has been supplying brain-freezes for a long, long time. The company is a leading franchisor of frozen treat stores with more than 5,900 quick-service restaurants, most of which operate under the Dairy Queen banner. Popular DQ ice cream treats include Blizzards, sundaes, and cones. Many of the stores also serve burgers, fries, and other items. In addition to its flagship chain, IDQ has about 700 Orange Julius locations offering blended fruit drinks and a small number of Karmelkorn stands that feature popcorn snacks. Only a small number of units are company-owned. Tracing its roots back to 1938, the company is owned by Warren Buffett's Berkshire Hathaway.

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Financials

Company TypeSubsidiaryHeadquarters
Fiscal Year-EndDecember
Employees2,055

Executives

43 executives listed for International Dairy Queen, Inc.'s Minneapolis, MN location.

President and CEOJohn GainorE-mail
COO, U.S.Charles ChapmanE-mail
CFONathan FrenchE-mail

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Competitive Landscape

Demographics, consumer tastes, and personal income drive demand. The profitability of individual companies can vary: while QSRs rely on efficient operations and high volume sales, FSRs rely on high-margin items and effective marketing. Large companies have advantages in purchasing, finance, and marketing. Small companies can offer superior food or service. The industry is labor-intensive: annual revenue per worker is less than $50,000. Restaurants compete with companies that serve meals or prepared foods, including grocery stores, warehouse clubs, delis, and convenience stores. In addition, restaurants compete with home cooking.

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