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News Breaks
February 6, 2014
08:30 EDTDNKNDunkin' Brands targets FY14 U.S. comp store sales growth of 3%-4%
Targets FY14 annual Baskin-Robbins comp store sales growth of 1%-3%; Expects 2014 net income from joint ventures to be approximately 17% and expects 2014 effective tax rate to be approximately 37%. The company intends to support marketing initiatives on an International level mainly through social medial building. The company sees loyalty as the real catalyst for growth in sales and usage of the Dunkin' card. Established and emerging markets will remain the majority of its development in 2014. Comments taken from Q4 earnings conference call.
News For DNKN From The Last 14 Days
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September 1, 2015
09:32 EDTDNKNDunkin' Brands announces plans for three new restaurants in Missouri
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August 28, 2015
10:54 EDTDNKNAnalyst says Dunkin, Domino's to be boosted by store openings, share gains
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10:03 EDTDNKNOn The Fly: Analyst Initiation Summary
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07:41 EDTDNKNDunkin' Brands initiated with a Buy at Maxim
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August 19, 2015
06:12 EDTDNKNStarbucks K-cup momentum is accelerating, says UBS
UBS analyst Keith Siegner says Starbucks (SBUX) is seeing accelerating momentum in the single-serve cup category. The company's K-cup sales increased 36% year-over-year for the four-week period ended August 8, according to Nielsen (NLSN), Siegner tells investors in a research note. Starbucks' K-cup promotion levels ticked up sequentially, but remain well below levels from earlier in the year, the analyst points out. The company's K-Cup portfolio continues to gain share despite increasing price pressure and new market entrants like Dunkin' Brands (DNKN) and McDonald's (MCD), Siegner writes. He keeps a Buy rating on Starbucks with a $63 price target. The stock closed yesterday up 9c to $57.83. Shares of Keurig Green Mountain (GMCR) are down 62% year-to-date in part due to the company's slowing sales in the single-serve cup category.

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