Dine Brands Faces Higher Prices for Beef -- Market Talk

Dow Jones

02/26

1236 ET - Dine Brands expects a mid-single digit increase in commodity costs for its Applebee's brand this year, and a low-single digit increase for its IHOP banner. "The primary driver for both brands' commodity costs is higher beef prices, including the lapping of favorable beef contracts at Applebee's and the impact of tariffs more broadly on our market baskets," CFO Vance Chang says on a call with analysts. Applebee's commodity costs are expected to be sharply higher this year, after ticking up just 0.1% in 2025. IHOP saw 6.4% inflation last year, largely due to higher egg prices at the beginning of 2025. (connor.hart@wsj.com)

(END) Dow Jones Newswires

February 25, 2026 12:36 ET (17:36 GMT)

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Applebee's commodity costs are expected to be sharply higher this year, after ticking up just 0.1% in 2025. IHOP saw 6.4% inflation last year, largely due to higher egg prices at the beginning of 2025. 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Applebee's commodity costs are expected to be sharply higher this year, after ticking up just 0.1% in 2025. IHOP saw 6.4% inflation last year, largely due to higher egg prices at the beginning of 2025. 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