Dine Brands Global, Inc.

Last price update: 17 Apr 24 23:00 GMT

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Company profile for Dine Brands Global, Inc.

Dine Brands Global, Inc. logo

Dine Brands Global, Inc., formerly known as DineEquity, Inc., is an American company that owns, franchises, operates, and rents full-service restaurants in the United States and internationally. It operates through five segments: Applebee’s Franchise Operations, International House of Pancakes (IHOP) Franchise Operations, Rental Operations, Financing Operations, and Company-Operated Restaurant Operations.

The company owns and franchises two restaurant concepts, including Applebee’s Neighborhood Grill + Bar in the bar and grill segment of the casual dining category; and IHOP in the family dining category of the restaurant industry. Its Applebee’s restaurants offer American fare with drinks and drafts; and IHOP restaurants provide full table services, and food and beverage offerings. As of December 31, 2021, the company had 1,611 Applebee’s franchised restaurants, and 1,751 IHOP franchised and area licensed restaurants. It is also involved in the lease or sublease of 598 IHOP franchised restaurants and two Applebee’s franchised restaurants; and the financing of franchise fees and equipment leases.

Dine Brands Global, Inc. was founded in 1958 and is headquartered in Glendale, California. It is the parent company of Applebee’s and IHOP and is the largest full-service restaurant company in the world. It is the largest casual dining chain in the United States, with a total of 2,363 restaurants in the United States and Canada. It is also the largest full-service restaurant company in the world, with a total of 4,362 restaurants in 18 countries and two territories.

The company has a long history of success and growth. In 2015, it acquired Applebee’s International, Inc., and in 2017, it acquired IHOP Corporation. In 2018, it changed its name to Dine Brands Global, Inc. and began trading on the New York Stock Exchange under the ticker symbol DIN. In 2020, the company completed a $2.8 billion refinancing, which extended the maturity of its debt and provided additional liquidity.

The company is focused on continuing to grow and expand its presence in the full-service restaurant industry. It has plans to open new restaurants and remodel existing locations in order to meet the changing needs of its customers. The company is also focused on expanding its digital presence and leveraging technology to enhance the customer experience.

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Consumer Cyclical
818 240 6055
United States