DNKN (Post-Call) Raising Our Go-Forward EPS Estimates
Earlier today, Dunkin’ Brands Group (DNKN; Neutral, $64.69) reported Q1 adjusted EPS of $0.67, ahead of our $0.61 forecast and sell-side consensus (according to Consensus Metrix) of $0.59.
Earlier today, Dunkin’ Brands Group (DNKN; Neutral, $64.69) reported Q1 adjusted EPS of $0.67, ahead of our $0.61 forecast and sell-side consensus (according to Consensus Metrix) of $0.59.
We lower our U.S. same-store sales estimates for Dunkin’ (owned by Dunkin’ Brands Group [DNKN; Neutral]) as follows:
Q1E 2020: down by -5.5 percentage points to -3.5%
Q2E 2020: down by -32.0 percentage points to -30.0%
Q3E 2020: down by -17.0 percentage points to -15.0%
Q4E 2020: down by -11.5 percentage points to -10.0%
Full-year 2020E: down by -16.5 percentage points to -14.6%
Full-year 2021E: up by +6.5 percentage points to +8.0%
Earlier today, Dunkin’ Brands Group (DNKN; Neutral) reported adjusted Q4 2019 EPS came to $0.73, ahead of our $0.71 forecast and sell-side consensus (according to Consensus Metrix) of $0.70.