DNKN (Post-Call) Improving Sales Trends Closing More Low-Performing Units
By Mark Kalinowski
Published on July 30, 2020 at 12:00 AM
Earlier today, Dunkin’ Brands Group (DNKN; Neutral, $71.68) reported adjusted Q2 EPS of $0.49, beating our $0.46 estimate, and matching sell-side consensus (according to Consensus Metrix) of $0.49. Relative to our model, GA&/Revenues caused the upside (18.2% actual vs. 20.0% forecasted).