YUM Updating Same-Store Sales and EPS Estimates for 2020E & 2021E

By Mark Kalinowski Published on March 26, 2020 at 12:00 AM

We lower our worldwide aggregate same-store sales estimates for Yum Brands (YUM; Buy) as follows:
Q1E 2020: down by -8 percentage points to -8%
Q2E 2020: down by -23 percentage points to -23%
Q3E 2020: down by -15 percentage points to -13%
Q4E 2020: down by -7 percentage points to -5%
Full-year 2020E: down by -14 percentage points to -13%
Full-year 2021E: up by +5 percentage points to +7%

DPZ Introducing Some EPS Estimates Update on Plant-Based Beef

By Mark Kalinowski Published on September 25, 2019 at 12:00 AM

With this report, we introduce our quarterly EPS estimates for 2020E for Domino’s (DPZ; Neutral) as follows: (1) Q1E $2.40, (2) Q2E $2.32, (3) Q3E $2.40, and (4) Q4E $3.58. These quarterlies sum to our unchanged full-year 2020E EPS forecast of $10.70. Please keep in mind that 2020 is a 53-week fiscal year for Domino’s.

DNKN Updating Introducing Some EPS Estimates Highlighting Some Test Beverages

By Mark Kalinowski Published on September 24, 2019 at 12:00 AM

With this report, we introduce our quarterly EPS estimates for 2020E for Dunkin’ Brands Group (DNKN; Neutral). They are as follows: (1) Q1E $0.70, (2) Q2E $0.91, (3) Q3E $0.88, and (4) Q4E $0.78. These quarterlies sum to our unchanged full-year 2020E EPS forecast of $3.27, which lies two cents above sell-side consensus of $3.25 (according to data from Consensus Metrix).