Competitor News

McDonalds reported Q4 and full year 2021 earnings yesterday. While absolute sales and profit levels were higher in 2021 versus 2020, both sales and earnings missed analyst’s projections in Q4. Both food and labor costs have become a very difficult problem and McD is forecasting food and paper costs in the “high single digit to…

Read More »

Starbucks

Like Dunkin Brands, Starbucks also held an earnings call yesterday reporting on its Q4 results. Overall, it beat analyst expectations, but its US business is in worse shape. US same-store sales were 9% negative, matching the 10 negative percentage points it has been trailing Dunkin US by throughout the spring and summer months. Its Q4…

Read More »

Competitor News

In its Q4 earnings call with investors just over one week ago, Restaurant Brands International (RBI) CEO Jose Cil confessed that earnings from the Tim Horton Brand had dragged overall results for RBI. The Canadian coffee and donuts chain saw comparable store sales drop 4.3% in the fourth quarter while system-wide sales growth dropped almost…

Read More »