DNKN The New York Times Reports Dunkin’ Could be Acquired by Inspire Brands

By Mark Kalinowski Published on October 25, 2020 at 12:00 AM

Multiple media reports suggest that Dunkin’ Brands Group (DNKN; Neutral, $88.79) could be acquired by privately-held Inspire Brands, with an announcement possible as soon as tomorrow (Monday) morning. Expect DNKN shares to open in Monday’s regular trading session at roughly +20% higher than Friday’s closing price of $88.79.

PZZA Possible Implications from Domino’s Lead to Updated Forecasts

By Mark Kalinowski Published on October 8, 2020 at 12:00 AM

Earlier today, Domino’s (DPZ; Buy, $403.46) reported a Q3 EPS miss relative to our expectations (and sell-side consensus). This miss was not caused by same-store sales trends, which came in above expectations for both the U.S. and International segments in Q3. Below the top line, multiple issues came into play, including spending related to the pandemic (such as higher pay for front-line employees, higher sick pay, and the need to buy more cleaning equipment), and what Domino’s described as all-time high cheese costs.

DPZ (Post-Call) Higher Cheese and G&A Costs Matter

By Mark Kalinowski Published on October 8, 2020 at 12:00 AM

Earlier today, Domino’s reported that its Q3 EPS came to $2.49, short of our $2.79 forecast and sell-side consensus (according to Consensus Metrix) of $2.78 (which had been at $2.73 as recently as eight days ago).