We noted there is ’life after Dunkin’ for a couple of Dunkin’ veterans, as a limited exodus continues from Canton. First off, Dunkin’ Legal Counsel David Mann left the company last month to become an Angel Investor with Launchpad Venture Group LLC, an investment network funding early-stage companies. In his LinkedIn message, Mann explained that…
Notwithstanding ongoing development of the Coffee Café Bakery, a $10 million highly automated centralized manufacturing location (CML) in the greater Atlanta area, Inspire Brands is apparently moving forward with development of Alliance Kitchen, a $2.6 million “ghost” kitchen being built in Atlanta. Most noteworthy in this development is perhaps the fact that The Coffee Café…
Dunkin’ Brands reported very solid Q3 Earnings yesterday. Its revenue beat estimates by $17M and GAAP EPS were $.13 above estimates. Dunkin’ did not announce any news of a merger with Roark/Inspire Brands, of which talks had been confirmed on Sunday. The Brand was very clear that it would not speak of the matter until…
This week Dunkin Brands CFO Kate Jaspon was present at the JP Morgan Consumer Conference and our DDIFO Restaurant Analyst John Gordon of Pacific Management Consulting Group reports she answered detailed questions and gave a good outline of current and future initiatives. While not detailing same-store sales numbers, she indicated consumers are out more and…
Many franchisees were pleased to read the announcement out of Canton last week that Dunkin’ Brands Chief Operating Officer Scott Murphy had been promoted to the position of President, Dunkin’ Americas. Murphy, who has been with Dunkin’ Brands for the past 15 years, assumed the position of COO last year and in his new capacity,…
Dunkin’ surprised many in New Mexico, the Land of Enchantment, when it stepped into the breach to become the 2019 sponsor of the New Mexico Balloon Fiesta after former sponsor Piñon Coffee decided not to sponsor the colorful event this year. The Dunkin’ marketing team moved quickly and locked up the event. Although the sponsorship…
Dunkin’ announced its line-up of franchisee award recipients earlier this week and we want to recognize and congratulate those who will be honored late next month at the Dunkin’ Brands Franchise Award dinner in Boston. Congratulations to Dunkin’ Franchisee of the Year Eric Eskander and Cadete Enterprises. (John Cadete is also a DDIFO Hall of…
Reporting yesterday, Dunkin’ earnings for Q2 were $.86/share, 4 cents better than Wall Street consensus, while revenues were slightly below the street’s expectations. However, Dunkin’ Same Store Sales on a two year basis (often, a better viewpoint) were its best since 2016. It was also noted that the average ticket for Dunkin’ US was up…
Late last week, Dunkin’ Brands CEO Dave Hoffmann introduced Stephanie Lilak as the company’s new Senior Vice President and Chief Human Resources Officer. She joins Dunkin’ Brands from General Mills where she has served in a number of executive positions over a 23 year span at the company, most recently as Vice President, Human Resources,…
In the wake of initiating legal action against a number of franchises in Pennsylvania and Delaware for violating hiring standards in their franchise agreements, Dunkin this week announced that it is taking the hiring practice investigation nationwide. As all franchisees know, the Dunkin’ franchise agreement requires that franchise owners use the federal E-Verify system before…
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