By Mark Kalinowski
Published on December 15, 2020 at 12:00 AM
With this report, we drop coverage of Dunkin’ Brands Group (former ticker symbol DNKN) as its acquisition by privately-held Inspire Brands closed earlier today. Our former rating, EPS estimates, same-store sales forecasts, and other projections/ opinions should no longer be relied upon. (We drop all of our prior EPS estimates and target price with this report.)
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By Mark Kalinowski
Published on December 14, 2020 at 12:00 AM
About six months ago, we published a report examining market-share opportunities within the family dining sector. In this report, we update our numbers. One of the important changes is that we now look for 10%-25% of the family dining restaurants in the U.S. that were in operation as of the start of 2020 to be closed permanently by the end of March 2021. (Previously, we were looking for 5%-10% of family dining restaurants to be closed permanently by the end of December 2020.) Keep in mind that we expect these closures to be heavily weighted toward independents/momand-pops and, to a somewhat lesser degree, smaller (privately-held in nearly all cases) restaurant chains.
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By Mark Kalinowski
Published on December 8, 2020 at 12:00 AM
About six months ago, we published a report examining market-share opportunities within the casual dining sector. In this report, we update our numbers. One of the important changes is that we now look for 8%-20% of the casual dining restaurants in the U.S. that were in operation as of the start of 2020 to be closed permanently by the end of March 2021. (Previously, we were looking for 3%-15% of casual dining restaurants to be closed permanently by the end of December 2020.) Keep in mind that we expect these closures to be heavily weighted toward independents/momand-pops and, to a somewhat lesser degree, smaller (privately-held in nearly all cases) restaurant chains.
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