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Here's why Applebee's owner Dine Brands hasn't found Chili's recent success
DINDine Brands(DIN) CNBC·2025-06-03 15:00

America has a new favorite grill and bar chain.For the first time, Chili's overtook Applebee's in terms of U.S. systemwide sales in 2024, according to Technomic.Data from the restaurant tracking firm shows that from 2021 to 2024, Chili's grew U.S. sales from about 3.6billionto3.6 billion to 4.6 billion, while Applebee's $4.1 billion U.S. sales were about flat over that same time period.In their most recently reported fiscal quarters, Chili's saw its same-store sales spike 31%, while Applebee's domestic same-store sal ...