Starbucks reported their year-end results yesterday. The Americas Starbucks same store sales was plus 6%, with a plus 5% ticket and a plus 1% on traffic. The ticket/traffic measure was a bit distorted due to changes in Loyalty program POS procedures. The US AUV was approximately $1.6M and a store EBITDA margin of 27%. They also reported that 690 stores were added in Q4. Starbucks continues to work the CPG, ready-to-drink and food platforms. Further, they took the opportunity to also announce that their first iced holiday drink will be available later this month. Just a week earlier on October 24, Tim Horton’s reported their Q3US and Canada results. US same store sales were plus 4.5%, but they lost one unit in the US. They noted both a coffee and a food focus, including Grilled Bagels. While they do not report franchisee sales or profits, the US AUV is approximately $1.0 million. And in other donut competitor news, we noted that NBA Hall of Famer Shaquille O’Neal has signed on as a new Krispy Kreme franchise owner, buying into a downtown location in Atlanta. Shaq was always terrible from the free throw line – I’d suggest our Atlanta Dunkin’ franchisees just foul the big guy and he’ll likely miss the shot!