Dine Brands Global, Inc.

Dine Brands Global, Inc. owns and franchises three restaurant concepts: International House of Pancakes (IHOP), Applebee's Neighborhood Grill + Bar (Applebee's), and Fuzzy's Taco Shop (Fuzzy's). IHOP operates in the full-service family dining category, Applebee's in full-service casual dining, and Fuzzy's in limited-service fast-casual dining. As of December 28, 2025, the company had 3,509 restaurants across all brands, with the substantial majority owned and operated by independent franchisees. For the year ended December 28, 2025, Dine Brands Global conducted business through three reportable segments. The Franchise segment generates revenue primarily from royalties and advertising fees from 1,812 IHOP, 1,520 Applebee's, and 105 Fuzzy's franchised restaurants, plus sales of proprietary IHOP and Fuzzy's products to franchisees. The Company-owned restaurants segment primarily generates revenue from 12 IHOP, 59 Applebee's, and one Fuzzy's restaurant. The Rental segment derives revenue from lease or sublease agreements covering 521 IHOP and one Applebee's franchised restaurant. Approximately 74% of total revenues for the year ended December 28, 2025, were generated from the IHOP and Applebee's operating segments, with the Company-owned and Rental segments making up the remaining 26%. Most revenue is from domestic sources. As of December 28, 2025, international restaurants were located in 20 countries and two U.S. territories, contributing less than 2% of total consolidated revenues for the year ended December 28, 2025.