Dunkin’ Earnings

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…

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Dunkin’ Doings

Over the July 4th holiday, it was announced that Dunkin’ had for the first time, finally broken into the list of Most Patriotic American Brands produced annually by Brand Keys, coming in at #13. The annual survey, which began after the 9/11 terrorist attack, tries to measure consumer perceptions of which companies most embody the…

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Dunkin’ Doings

We expect that most have by now seen the reports this week of Dunkin’ terminating the franchise agreement for some 12 stores in Pennsylvania and Delaware. According to the filings, it is alleged that the franchise owners violated federal laws relating I-9 reporting requirements as well as not utilizing the federal E-Verify system as required…

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Miscellaneous

First off, we want to remind our subscribers that use of any Styrofoam products, such as cups, trays, bowls, plates, etc., in New York City will be subject to a fine beginning July 15, 2019 – only a few weeks away. We also noted this week that the Nations Restaurant News released their 2019 listing…

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Dunkin’ Doings

Veteran Dunkin’ Franchisee and DDIFO member John Motta (who also serves as the current Chairman of the Coalition of Franchisee Associations [CFA]) also participated in the Piper Jaffray 2019 Consumer Conference. John served on the franchisee panel highlighting a day in the life of a franchisee. In the wake of an exciting 2019 Stanley Cup…

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Dunkin’ Doings

Yesterday, Dunkin’ released a “double beat” on its Q1 revenues and earnings – $7 million higher on revenues and $.05 EPS higher on earnings. The stock was up early on the day, but closed slightly lower for the day. Declaring a 37.5 cent stock dividend, Dunkin’ CEO Dave Hoffmann reported that US same store sales…

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Dunkin’ Doings

Dunkin’ held its Q4 earnings call yesterday and reported earnings above expectations ($.06 GAAP basis) but revenue $10 million below. In addition, it delivered a much more muted expectation for 2019 in terms of both new unit growth and earnings. US net new opens stood at 106, while US same store sales were flat in…

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Dunkin’ Doings

We were pleased to note that Dunkin’ has joined The Sustainable Coffee Challenge, a collaborative effort among companies, governments, NGOs, research institutions and others dedicated to making the coffee sector fully sustainable. In partnership with the franchisee-owned National DCP, the Dunkin’ supply cooperative, the chain will donate a percentage of sales from every pound of…

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Dunkin’ Doings

There’s a few new faces settling in at Dunkin’ headquarters and a few other changing their titles. This past week, Dunkin announced the promotions of Tom Manchester and Jonathan Biggs to Senior Vice President, Integrated Marketing, Dunkin’ US and Vice President, Operations, Baskin-Robbins US & Canada, respectively. In addition, the appointment of Rick Gestring, formerly…

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Dunkin’ Doings

We were excited to learn about the Dunkin’ “Dozen Days of Joy” effort launched this week across the country. For our subscribers not in the Dunkin’ system, over the 12 day span ending December 23, Dunkin’ will visit 12 select cities and randomly distribute $120,000 in free gift cards. In addition, a $1,000 donation will…

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