Dine Brands Global, Inc. Company Review & Valuation
About Dine Brands Global, Inc.
Dine Brands Global, Inc., together with its subsidiaries, owns, franchises, operates, and rents full-service restaurants in the United States and internationally.
It operates through four segments: Franchise Operations, Rental Operations, Company Restaurant Operations, and Financing Operations.
The company owns and franchises two restaurant concepts, including Applebee's Neighborhood Grill & Bar (Applebee's) in the bar and grill segment of the casual dining category of the restaurant industry; and International House of Pancakes (IHOP) in the family dining category of the restaurant industry.
Its Applebee's restaurants offer casual food, drinks, casual dining, and table services; and IHOP restaurants provide full table services, and food and beverage offerings.
As of December 31, 2017, the company had 1,936 Applebee's franchised restaurants, and 1,786 IHOP franchised and area licensed restaurants.
It is also involved in the lease or sublease of 693 IHOP franchised restaurants and 1 Applebee's franchised restaurant.
The company was formerly known as DineEquity, Inc.
and changed its name to Dine Brands Global, Inc.
in February 2018.
Dine Brands Global, Inc.
was founded in 1958 and is headquartered in Glendale, California.