Dine Brands Faces Higher Prices for Beef -- Market Talk
Dow Jones
Feb 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)
Copyright (c) 2026 Dow Jones & Company, Inc.
At the request of the copyright holder, you need to log in to view this content
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.