Dine Brands backs FY26 consolidated adjusted EBITDA view $220M-$230M

Applebee’s domestic system-wide comparable same-restaurant sales performance is expected to range between 0% and 2%. IHOP’s domestic system-wide comparable same-restaurant sales performance is expected to range between 0% and 2%. Domestic development activity for Applebee’s is expected to be between 15 and 5 net fewer restaurants. Domestic development activity for IHOP is expected to be between 10 net fewer restaurants and 10 net new openings. Our domestic development activity includes at least 50 domestic dual-branded openings, primarily driven by franchisees. Consolidated adjusted EBITDA is expected to range between approximately $220 million and $230 million. Our outlook reflects the positive trends in our franchise business and modest improvement in our company-owned restaurants which is based on our existing portfolio. G&A expenses are expected to range between approximately $205 million and $210 million. This total includes non-cash stock-based compensation expense and depreciation of approximately $35 million. Capital expenditures are expected to range between approximately $25 million and $35 million.