Tuesday February 19, 2019, 00:00:00
We briefly note the following tidbits regarding Dunkin’ (owned by Dunkin’ Brands Group [DNKN; Neutral]), Taco Bell (owned by Yum Brands [YUM; Buy]), and The Cheesecake Factory (CAKE; Neutral):
Wednesday February 13, 2019, 00:00:00
We briefly note the following tidbits regarding Taco Bell (owned by Yum Brands [YUM; Buy]), Baskin-Robbins (owned by Dunkin’ Brands Group [DNKN; Neutral]), and mid-sized restaurant concepts:
Thursday February 7, 2019, 00:00:00
Earlier this morning, Dunkin’ Brands Group (DNKN; Buy) reported adjusted Q4 2018 EPS of $0.68, ahead of our $0.62 forecast and sell-side consensus (according to Consensus Metrix) of $0.62. We attribute this in part to better-than-expected Occupancy Expenses-Franchised Restaurants/Franchise Fees and Royalty Income (4.7% actual vs. our 5.1% estimated) and Cost of Ice Cream and Other Products/ Sales of Ice Cream and Other Products (5.1% actual vs. 6.2% forecasted).