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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Starbucks

Starbucks made several announcements this week even before reporting their Q2 earnings yesterday. Monday, it announced a major investment in Eatsa, rebranding the company as Brightloom and advancing the merger of Brightloom’s digital-edge ordering and pick-up systems with Starbucks’ proprietary customer engagement platform into one combined system. In addition, the company also announced that it…

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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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Starbucks Earnings

Starbucks reported 2nd quarter earnings yesterday and our analyst reports that their sales and earnings results were solid but not overpowering. America’s same store sales were plus 4%, with transaction counts flat and their average ticket 4% higher.  In the US, Starbucks continues to both open and close stores in tandem. Management noted they were working…

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Competitor News

Starbucks reported strong Q1 earnings yesterday and advised that global comparable store sales were up 4.0% during the quarter with ticket/pricing adding 3 points to growth. Americas SSS were reported at +4% vs. a projected 3.2%. Globally, the company claimed 541 net stores during Q1 accounting for a 7% growth year over year to a…

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Miscellaneous

Starbucks (SBUX) was finally able to post an improved showing in Q4 results announced Thursday, with US same store sales up plus 4%, ticket up plus 5% and traffic only minus 1%. However, analysts were wary of them attaining their long term 3-5% comps guidance. Starbucks began its Christmas season in store retail and digital…

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Why DD Perks is a Top Loyalty Program

A recent article in the restaurant news site Eater referred to data as “the new gold,” pointing out that “consumers should know that in 2018, basically every restaurant and business is trying to collect personal data — some are just more up front about it than others.” Speaking at the Multi-Unit Foodservice Operators Conference in Dallas…

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Dunkin’ Doings

Dunkin Brands reported earnings on Thursday, and the stock market liked the new product, new brand themes and strategy themes, even though the actual numbers were lackluster. Dave Hoffmann spoke to US Dunkin’ and Baskin trends, while Nigel Travis had just a few words on International. DD comps were plus 1.3%, just a touch under…

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Competitor News

Starbucks announced earlier this week that it had opened its first deaf-friendly store in the US in Washington DC. The store, located near Gallaudet University at 6th and H Streets, employs between 20 and 25 deaf or hard of hearing workers, each of whom is proficient in American Sign Language (ASL). McDonalds also reported earnings…

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Dunkin’ Doings

Dunkin’ Brands released its Q2 results this week and held its first earnings call with new CEO Dave Hoffmann reporting that Dunkin’ acquired a multi-year license with CardFree, a technology “mobile wallet” platform for $100 million.  This may enable mobile and app flexibility and data capture, especially for “catering initiatives”. Brand sales and profits were largely as…

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