August 29, 2014 5:39 AM 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

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.

Dairy Queen system Plans to Open New Locations in Vietnam and Guyana

Dairy Queen system has announced plans to open the first DQ locations in Vietnam and Guyana during 2014. Jolly Brands, Inc. opened a Dairy Queen location in the Tianmu neighborhood of Taipei City, Taiwan on Dec. 26, 2013. They plan to open 45 treat stores throughout the country within the next five years. In Vietnam, the Dairy Queen system has signed a multi-unit deal with QSR Vietnam Trading One Member Company Limited (QSR). QSR plans to open the first DQ Treat store in Ho Chi Minh City in January 2014. Within five years, the firm plans to open 60 additional DQ Treat stores throughout the country. The large Quick-Service Restaurant operator in Guyana, Camex Restaurants Inc. (CRI) has signed an agreement for multi-unit development rights to build DQ Grill and Chill restaurants and DQ Treat stores in Guyana. Two locations are expected to open in first quarter 2014 as part of the six DQ Grill & Chill restaurants and six DQ Treat stores scheduled to open over the next five years.

The Dairy Queen System Continues International Expansion

The Dairy Queen system has opened its latest location in Trinidad, which is the 20th country outside the U.S. and Canada with a DQ presence. PELINJA Holdings LTD opened a DQ Treat location in Port of Spain, Trinidad. The Trinidad DQ restaurant features the full line of DQ classic treats, as well as delicious hot dogs and DQ Cakes.

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