Stewart explained that by selling off just about all of the company-owned locations and becoming 99% franchised, DineEquity has been able to focus on what it does best: mainly branding, technology, operations, training, marketing and culinary innovations. She said that strategy has proven to be very successful.
As for technology, Stewart said there's a big technology push at Applebee's and IHOP that includes not only paying at the table so your credit card never leaves your sight but also loyalty programs and mobile apps, online ordering and a whole lot more. Stewart noted that social media has also been a big focus for DineEquity and it's working very well.
When asked about the company's balance sheet, Stewart said her company plans the refinancing of a big portion of its debt by the end of this year. Once that's complete it will be issuing a new capital allocation strategy that will likely include a boost to the company's already sizable dividend.
Cramer said he hasn't been a big fan of many restaurants but DineEquity is one restaurant that's doing everything right.
Driving With GM
What stock had its best May sales in seven years? It's not the one you'd think, Cramer told viewers: It's General Motors
(GM - Get Report)
, another Action Alerts PLUS holding.
Yup, that's right. Despite millions of cars being recalled and a permanent spot on the negative headline hall of fame, General Motors was able to post a 12.6% increase in sales for the month of May. It did so without throwing a fire sale and offering uber-promotions on all of its vehicles.
These results were a shock to just about everyone except for Cramer, who made the bold call just four weeks ago that the negativity surrounding GM was far greater than the potential impact on the company's earnings. Cramer said he was panned mercilessly, as is usually the case, for his bold call last month -- but just about all of his predictions have come into fruition.
The negative impact to earnings is baked into the stock, Cramer concluded, it's just going to take Wall Street a few more weeks to realize it.
Executive Decision: Bill McDermott
In his second "Executive Decision" segment, Cramer spoke with Bill McDermott, CEO of SAP
(SAP - Get Report)
, the old-school tech giant that missed on both revenue and earnings when it reported in mid-April despite its cloud business growing by 38%.