First DQ Grill & Chill Restaurant to Open in First Quarter 2027; Additional 19 Restaurants to Open by 2036

International Dairy Queen, Inc. (IDQ), through its wholly owned subsidiary American Dairy Queen Corporation (ADQ), a leader in the quick-service restaurant (QSR) industry, today announced a deal to open 20 DQ Grill & Chill^® restaurants in Puerto Rico by 2036.

The agreement was signed with Caribbean Creamery LLC (Caribbean Creamery), an affiliate of Richport Restaurants LLC that owns and operates franchised restaurants in Puerto Rico. The 20 DQ restaurants will serve both hot food and treats.

“We are pleased to add Puerto Rico as a market for DQ^® restaurants. This new deal expands our established footprint in the Caribbean, Central America and Mexico,” said Nicolas Boudet, chief operating officer, international, at International Dairy Queen. “We selected Caribbean Creamery as our franchisee based on the strength of their leadership team, their operational expertise and their long-term commitment to the market. We look forward to working alongside Caribbean Creamery to introduce the DQ brand to fans across Puerto Rico.”

Caribbean Creamery and Richport Restaurants LLC expect to open the first DQ restaurant in San Juan in first quarter 2027.

International Dairy Queen last had restaurants in Puerto Rico more than 20 years ago.

About International Dairy Queen, Inc.

International Dairy Queen, Inc. (IDQ), based in Minneapolis, Minnesota, is the parent company of American Dairy Queen Corporation and Dairy Queen Canada, Inc. Through its subsidiaries, IDQ develops, licenses, and services a system of more than 7,800 DQ restaurants in more than 20 countries. IDQ is a subsidiary of Berkshire Hathaway, Inc. For more information, visit DairyQueen.com.

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