Dine Brands Global, Inc. (DIN)

Owner and franchisor of Applebee's and IHOP restaurant brands.

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Dine Brands Global, Inc., along with its subsidiaries, is a prominent player in the full-service restaurant industry, operating, franchising, and renting establishments across the United States and internationally. The company's operations are structured into five segments: Applebee's Franchise Operations, IHOP Franchise Operations, Rental Operations, Financing Operations, and Company-Operated Restaurant Operations.

The cornerstone of Dine Brands Global's portfolio includes two well-known restaurant concepts: Applebee's Neighborhood Grill + Bar and IHOP (International House of Pancakes). Applebee's is renowned for its American cuisine served alongside a wide selection of drinks and drafts, catering to the casual dining segment. In contrast, IHOP offers a family-friendly dining experience with a diverse menu featuring breakfast favorites and full table service.

As of December 31, 2021, Dine Brands Global boasted a robust network consisting of 1,611 franchised Applebee's restaurants and 1,751 franchised and area licensed IHOP restaurants worldwide. The company also engages in leasing activities, managing 598 franchised IHOP restaurants and two Applebee's restaurants through lease or sublease arrangements. Additionally, Dine Brands Global supports its franchise operations through financing solutions, including franchise fees and equipment leases.

Founded in 1958 and headquartered in Glendale, California, Dine Brands Global, Inc. was formerly known as DineEquity, Inc. before rebranding in February 2018. With a rich history and a strong presence in the restaurant industry, the company continues to expand its footprint globally while maintaining its commitment to delivering exceptional dining experiences under its iconic brands.

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