DNKN (Post-Call) Looking Beyond Q2

By Mark Kalinowski Published on August 1, 2019 at 12:00 AM

Earlier today, Dunkin’ Brands Group (DNKN; Neutral) reported Q2 adjusted EPS of $0.86, surpassing our $0.82 forecast and sell-side consensus (according to Consensus Metrix) of $0.82. Dunkin’ notes that about two cents of the EPS beat is due to “recognized excess tax benefits.”

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MCD (Post-Call) More Fresh Beef for the Bulls

By Mark Kalinowski Published on July 26, 2019 at 12:00 AM

Earlier today, McDonald’s (MCD; Buy) reported adjusted Q2 EPS of $2.05, one cent short of our $2.06 forecast, but in line with sell-side consensus (according to Consensus Metrix) of $2.05. However, investor eyes may be more focused on the robust Q2 same-store sales trends across the board.

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SBUX (Post-Call) S’More Traffic Gains Than Expected…Refreshing

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

After Thursday’s market close, Starbucks (SBUX; Buy) reported adjusted fiscal Q3 EPS of $0.78, surpassing our $0.73 forecast and sell-side consensus (according to Consensus Metrix) of $0.72. We attribute the earnings outperformance largely to better-than-expected same-store sales gains in the U.S. and in international markets.

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