Wed, Jun. 10, 8:56 AM
- Egg prices continue to soar as the avian flu ravages chicken farms across five states in the Midwest.
- The outbreak has reduced the national flock by 12%, according to an academic study.
- In a separate development, an undercover study by the Humane Society has identified abusive policies at egg suppliers for Costco (NASDAQ:COST).
- The animal rights group is pushing for broad industry reform on the living conditions of chickens.
- The spike in egg prices has been passed on to varying degrees to consumers, although some companies have felt a margin pinch.
- Egg pricing is in the background at McDonald's (NYSE:MCD), Denny's (NASDAQ:DENN), Nestle (OTCPK:NSRGY), Dunkin' Brands (NASDAQ:DNKN), Post Holdings (NYSE:POST), and Dine Equity (NYSE:DIN) via IHOP.
- Cal-Maine Foods (NASDAQ:CALM) and Archer Daniels Midland (NYSE:ADM) have been positioned to benefit from the egg squeeze.
- The hardest hit group is local bakeries which rely on eggs at market prices.
Tue, Jun. 9, 10:03 AM
- Dunkin' Brands (DNKN -0.5%) is in an aggressive mode of expanding to the West and introducing new initiatives.
- Wall Street has a favorable outlook on the stock, although there are some dissenters.
- The restaurant chain operator could see margin pressure as new stores in California are opened, warns Longbow Research.
- The higher mix of new stores tips toward more donut sales than higher-margin coffee and sandwiches sales.
- Longbow Research is a long-time bear on the company with shares rated at Underperform.
- Execs with Dunkin' Brands present today at the Piper Jaffray Consumer Conference.
- There could be some interesting talk from execs on mobile ordering and a future delivery service.
- Dunkin' Brands conference webcast.
Thu, Jun. 4, 1:55 PM
- Same-store restaurant sales rose 1.1% in May, according to Black Box Intelligence.
- The mark was down 80 bps from the pace seen by the industry in April.
- Traffic was down 2.3% at comparable stores during the month.
- Higher menu prices sparked a 3.3% increase in average guest check.
- Pricing has been the major factor in same-store restaurant sales trending positive for 11 straight months.
- Restaurant stocks: CAKE, CBRL, CMG, DNKN, DPZ, DRI, EAT, JACK, MCD, PNRA, RRGB, RT, SBUX, SONC, WEN, BWLD, BDL, NATH, LUB, QSR, CHUY, BLMN, PZZA, TXRH, DENN, KKD, BBRG, DFRG, BOBE, RUTH, IRG, DIN, SHAK, HABT, NDLS, BOJA, PBPB, PLKI, FRSH, RAVE, LOCO, TACO, PZZA, KONA, BGR, BJRI, CHUY, FRS, CBRL, GTIM, TAST, ARKR,
Thu, May 28, 3:24 PM| Thu, May 28, 3:24 PM | 1 Comment
Thu, May 14, 11:05 AM
- The National Weather Service forecasts a continuation of El Nino conditions in the Pacific Ocean late into the year.
- The outlook is consistent with a recent statement from across the ocean by the Japanese Meteorological Agency.
- In the past, El Nino conditions have contributed to drought conditions in Central and South America to impact coffee costs for sellers.
- Related stocks: GMCR, SBUX, JVA, SJM, KRFT, DNKN, OTCQB:JAMN.
- Related ETFs: JO
- El Nino Advisory (.pdf)
Fri, Apr. 24, 11:33 AM
- The pizza and donut rally is still on a day after Domino's Pizza (DPZ +3.4%) and Dunkin' Brands (DNKN +5.6%) dazzled with their Q1 reports.
- While Dunkin' received the extra jolt of inclusion in the S&P 400, both stocks are being identified by retail analysts as benefiting from shifting consumer trends toward on-the-go and mobile.
- Krispy Kreme Doughnuts (KKD +2.9%), Rave Restaurant Group (RAVE +11.3%), and Papa Murphy's (FRSH +1.4%) are catching some sympathy bids as well.
- Previously: Sizzling comps at Domino's Pizza in Q1 (Apr. 23 2015)
- Previously: Dunkin' Brands +7% after earnings beat and guidance lift (Apr. 23 2015)
- Previously: DNKN +2.3% on S&P 400 addition; WD +3.1% on S&P 600 addition (Apr. 23 2015)
Thu, Apr. 23, 10:46 PM
- Dunkin' Brands (NASDAQ:DNKN) will replace Riverbed Technology (set to be acquired) in the S&P MidCap 400 after Monday's close. Walker & Dunlop (NYSE:WD) will replace Entropic Communications (also set to be acquired) in the S&P SmallCap 600 after the April 30 close.
- Dunkin' rose to $52.71 in AH trading, after rising 7.9% in regular trading in response to its Q1 beat and guidance hike. Walker & Dunlop rose to $19.34.
Thu, Apr. 23, 9:30 AM
- Shares of Dunkin' Brands (NASDAQ:DNKN) are on a tear after the company tops Q1 estimates and sets EPS guidance higher.
- The company sees EPS of $1.87-$1.91 vs. $1.83-$1.87 prior and $1.86 consensus.
- Previously: Dunkin' Brands beats by $0.05, beats on revenue
- Previously: Solid comps for Dunkin' Brands in Q1 amid challenging weather
- DNKN +7.40% premarket to $51.25 with the Northeast weather overhang lifted.
Thu, Apr. 23, 9:13 AM
Thu, Apr. 23, 6:46 AM
- Dunkin' Brands (NASDAQ:DNKN) reports the Dunkin' Donuts chain had comparable-store sales growth of 2.7% in the U.S. and 1.7% for international outlets during Q1.
- The U.S. comp for the Baskin-Robbins chain was 8.0%.
- Traffic for Dunkin' Donuts in the U.S. was negatively impacted by weather and the introduction of K-Cup and packaged coffee categories.
- Dunkin' Donuts U.S. has 78 net opening during the quarter to take the number of distribution points up 5.3% Y/Y to 8,160.
Thu, Apr. 23, 6:14 AM
Thu, Apr. 23, 6:03 AM
Wed, Apr. 22, 5:30 PM
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Mon, Apr. 13, 4:12 PM
- Wedbush Securities warns the high concentration of Dunkin' Donuts stores in the Northeast could work against Dunkin' Brands (NASDAQ:DNKN) in Q1.
- The investment firm sees same-store sales falling 100 bps to 160 bps due to the harsh weather in the region during the quarter.
- Most analysts covering the stock haven't revised lower their estimate for Dunkin' Brands Q1 revenue.
- The company reports on April 23 with consensus for revenue of $181.7M and EPS of $0.36.
Fri, Apr. 10, 11:26 AM
- Credit Suisse adds four companies to its U.S. Focus List, led by Devon Energy (NYSE:DVN), which it sees as a pure-play energy stock that investors can feel comfortable holding for the long-term and is not pegged to the oil markets.
- The firm also likes DVN's defensive valuation, top quartile oil growth profile and further accretion possibilities from the EnLink Midstream assets; its $80 stock price target is among the Street's best outlook.
- Credit Suisse cites another energy choice, Marathon Oil (NYSE:MRO), for its higher multiple businesses, and believes upstream cash margins have room to move up as shale production increases and oil prices recover.
- Also added to the U.S. Focus List: JPMorgan Chase (NYSE:JPM), Dunkin' Brands (NASDAQ:DNKN).
- Earlier: Dunkin' Brands tapped by Credit Suisse for new highs
Thu, Apr. 9, 8:14 AM
Dunkin Brands Group Inc is a franchisor of quick service restaurants serving hot and cold coffee and baked goods, as well as hard serve ice cream. The Company franchise restaurants under its Dunkin' Donuts and Baskin-Robbins brands.
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