Register Now for DDIFO National Conference

Early bird pricing is available for Dunkin’ franchise owners to attend the 2019 DDIFO National Conference at Foxwoods Resort & Casino in Connecticut on October 28 & 29, 2019. One of the exceptional panels we will present this year is Dunkin’, Its Competitors and Wall Street – A Look at Today and Tomorrow. The panel,…

Read More »

Register Now for DDIFO National Conference

Early bird pricing is still available for Dunkin’ franchise owners to attend the 2019 DDIFO National Conference at Foxwoods Resort & Casino in Connecticut on October 28 & 29, 2019. One of the exceptional panels we will present this year is Dunkin’, Its Competitors and Wall Street – A Look at Today and Tomorrow. The…

Read More »

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…

Read More »

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…

Read More »

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…

Read More »

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…

Read More »

Dunkin’ Doings

Through industry comments and discussion along with lender reporting, DDIFO Restaurant Analyst John Gordon at Pacific Management Consulting Group was able to point to some very good news with for Dunkin’ franchisees this week. Per industry conference comments, Dunkin’ US franchisee exit multiples remain strong with US Dunkin’ brand unit multiples increasing slightly from 2017…

Read More »

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…

Read More »

Competitor News

Starbucks, making more than its share news of late – Chairman Howard Schultz announced his departure from the company, and then opening their restrooms to the public in the wake of the Philadelphia debacle – this week announced that it expects comparable sales to rise just 1% globally for the current quarter and would therefore…

Read More »

Dunkin’ Earnings

Dunkin Brands reported Q1 2018 earnings on Thursday, reporting a $0.09 EPS earnings beat versus consensus, revenue was $1.8 M light, while the stock was down $ .31 for the day, having changed little. Dunkin US reported negative .4% for same store sales, with ticket up and traffic down by unspecified amounts. The impact of…

Read More »