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Tuesday, Mar 12
Heard during Dunkin' Brands' (DNKN -1.5%) presentation at the BofA Consumer & Retail...
Heard during Dunkin' Brands' (DNKN -1.5%) presentation at the BofA Consumer & Retail Conference: 1) The NYC ban on soda would have had no impact on the company overall. 2) The company sees FY13 EPS $1.48-$1.51 vs. consensus $1.53 on revenue growth of 6% to 8%. 3) In the U.S., expect net unit development of 330 to 360 units and 450 to 500 remodels. 4) Look for a different restaurant mix, with 70% of new restaurants including a drive thru and ~2K outlets of the 24-hour variety. 5) On tech, a mobile app launched late last year improved speed of service and conversions on location-based offers. In 2013 a loyalty program will be introduced to the franchisee model. (webcast)