Miscellaneous

Restaurant Brands International, Inc. held a Q4 earnings call this week, and Tim Horton’s revealed surprisingly strong US same store sales – +3.6% for the quarter and +4.9% on the year – stronger than Dunkin’ and close to that of Starbucks, albeit on a very small geographic base. RBI does not break out ticket and…

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Miscellaneous

The franchise industry is expected to continue its record growth throughout 2017. According to the Franchise Business Economic Outlook for 2017 released this week by the International Franchise Association, the industry is projected to grow by $35 billion to top out at $710 billion by the year-end. Speaking of the IFA, we want to congratulate…

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Miscellaneous

The latest Miller Pulse Index was released this week and showed that same store sales for the broad restaurant industry had fallen 2.4 percent in December, the worst performance in the six years since the index began.  Casual dining was the biggest culprit, dropping 4.0% in same store sales for the month, while the QSR…

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Miscellaneous

As more and more states increase labor costs through their regulations, mandated benefits, increased wages and the like, many have mentioned automation as the next big step in the evolution of small businesses.  Against that backdrop, we took special note of a story this week about a second Eatsa opening, this one in New York…

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You Can’t Make This Stuff Up!

So, just yesterday it was reported that earlier this week the New Jersey Senate approved legislation authorizing the payment of unemployment benefits to striking workers.  Assembly Speaker Vinnie Prieto, who plans a vote on the issue soon, opined that strikers should not have to go weeks without getting compensation!  Wait, what??  Then, it follows that…

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Miscellaneous

It can’t be the weather this time, but same store sales across the broader restaurant industry were flat during the month of June according to the latest Miller Pulse survey, released just last week.  The survey showed traffic had fallen across the board: quick service was off 1.3 percent for the month, while casual-dining dropped…

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Dunkin’ Doings

Dunkin delivered a lukewarm Q2 earnings report yesterday. Both Dunkin’ Donuts U.S . and Baskin Robbins U.S. registered fairly flat same store sales, Dunkin’ at +.5% and Baskin at +.6%, both less than expectations. DNKN company earnings per share beat expectations by $.01 but revenues missed by $4 million. Dunkin SSS was a miss vs.…

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Competitor News

Starbucks also held its earnings call yesterday at 5:00 PM EST.  While it enjoyed +4% positive US and global same store sales, global transactions were flat and disappointing to the investment markets.  Their revenue of $5.2 billion was off target by $130 million, but still represented a 6.6% increase year over year.  Earlier in the…

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NRN Top 100 Report

The Nation’s Restaurant News (NRN) Top 100 Report for 2016 is out and it provides some additional information on Dunkin and its peers.  DDIFO restaurant analyst John Gordon of Pacific Management Consulting Group advised us that NRN estimated the per store DD sales (AUV) at $923,000 (2015 numbers), up 1.4% versus 2014 and + 2.6% against…

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Dunkin’ Doings

The American Consumer Satisfaction Index (ACSI) was released earlier this week with good news for Dunkin’ as our customer satisfaction continues to lead the Coffee category.  The long-term trend since 2012 shows Dunkin’ improving back up to 80% satisfaction, the same as the 2013 rating.  Earlier this week, Dunkin’ CFO Paul Carbone participated in the…

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