Starbucks

CFO Pat Grismer presented to the Goldman Sachs conference earlier this week and gave a brief look at US operational developments with Starbucks’. Interestingly, he made some of the very same points that Dunkin Brands did in 2017 and 2018 when the Dunkin Blueprint was implemented. Starbucks acknowledged they would stay beverage focused to drive…

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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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Wal-Mart Closings and $15/hour?

One can’t help but wonder on the correlation between Wal-Mart giving in to public pressure last February and agreeing to raise their minimum wages across the country and their more recent announcement that the world’s largest retail company will close 154 stores across the nation and an additional 115 elsewhere around the globe.  The US…

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