DNKN DATA-DRIVEN CHECKS LEAD TO RATINGS CHANGE…

By Mark Kalinowski Published on January 23, 2019 at 12:00 AM

Based on our data-driven checks, we upgrade the shares of Dunkin’ Brands Group (DNKN) from Neutral to Buy. Our checks regarding the fourth quarter lead us to raise our Q4E same-store sales forecast for the core Dunkin’ U.S. business by 60 basis points, to +2.1%, which according to Consensus Metrix data becomes the new sellside high. Sell-side consensus is at +1.4% as of this writing.

Updating our Q4E Kalinowski Quick-Service Other Same-Store Sales Index 1.19

By Mark Kalinowski Published on January 23, 2019 at 12:00 AM

With this report, we update our data-driven Kalinowski Quick-Service Other Index for Q4E from +2.2% to +3.1%. This 90 basis-point increase is based on our latest proprietary checks/data as regards same-store sales performance for the second half of November and all of December.

Tidbits re MCD, SBUX, and Taco Bell (owned by YUM)

By Mark Kalinowski Published on January 7, 2019 at 12:00 AM

We briefly note the following tidbits regarding McDonald’s (MCD; Buy), Starbucks (SBUX; Neutral), and Taco Bell (owned by Yum Brands [YUM; Buy]):