Monday, February 27, 2012, 11:14 AM
Citi initiates coverage of Dunkin Brands (DNKN -0.8%) with a Buy rating and $36 price target - repping 24.1% upside potential for shares. Only one firm out of 14 covering DNKN rate shares below at least a Hold rating.
Monday, February 13, 2012, 12:18 PM
Dunkin Brands' (DNKN +0.5%) business model is built for stability rather than speed, so Heard On The Street says the stock deserves another helping. DNKN has a clear plan to expand to the western half of the U.S., where it still has a small presence, and the stock is a smart play on the K-cup craze, which accounted for 30% of same-store sales growth in Q4.
1 Comment[Consumer, Quick Ideas]
Thursday, February 9, 2012, 8:50 AM
Execs at Dunkin Brands (DNKN) steer estimates for FY12 EPS lower during the firm's CC, saying that profits should fall in at $1.19-$1.23 per share off of sales growth of 6%-7%. The company beat the consensus mark of analysts with its top-line Q4 result earlier. Shares -0.8% premarket.
Comment![On the Move]
Thursday, February 9, 2012, 6:22 AMDunkin' Brands (DNKN): Q4 EPS of $0.30 may not be comparable to consensus of $0.28. Revenue of $168.5M (+15% Y/Y) beats by $8.5M. (PR)
Wednesday, January 25, 2012, 11:36 AM
Fast-food chains are extending their hours to feed the 20% of all employed Americans who now work at night and help wring more sales out of their existing restaurants. At McDonald's (MCD), the hours of midnight to 5 a.m. are the fastest growing time segment in its U.S. business. Dunkin' Donuts (DNKN) has doubled its 24-hour restaurants in the past 10 years.
Thursday, January 12, 2012, 10:54 AM
Starbucks (SBUX +0.1%) debuts a "blond roast" for non-hardcore coffee drinkers who prefer a milder taste to the firm's flagship drinks. Though SBUX baristas may turn up their nose at the new blend, execs have their eye on luring customers away from MCD and DNKN's market.
Thursday, January 5, 2012, 12:05 PM
Dunkin' Brands (DNKN +0.6%) says its Baskin-Robbins ice-cream subsidiary has signed a franchising agreement with Blue Star Foods, a local Vietnamese food manufacturer, to develop its brand in Vietnam. The company plans to open 50 stores in the country over the next few years, with the first three set to open this week in Ho Chi Minh City.
Comment![Consumer, Global & FX]
Wednesday, January 4, 2012, 7:21 AM
Dunkin' Brands (DNKN) signs a distribution agreement to be the exclusive supplier to franchises. The firm says it plans to double U.S. Dunkin' Donuts stores to 14K over the next 20 years as part of its sweeping goal to accelerate growth across the U.S. into new markets.
Wednesday, December 28, 2011, 10:44 AM
DA Davidson helps itself to some coffee and doughnuts this morning, upgrading Dunkin' Brands (DNKN +0.6%) to Neutral and Starbucks (SBUX -0.8%) to Buy, with the latter being upped despite the stock recently setting new all time highs. Davidson says Starbucks should generate 20% earnings growth over the next 3-5 years. Dunkin Brands however is a pure valuation call after dipping nearly 15% over the past few months and trading at near-term lows.
Wednesday, November 2, 2011, 1:46 PM
Peet's Coffee (PEET -4.9%) sells off following its Q3 report. Revenue of $91.2M (+14% Y/Y) and EPS of $0.28 beat by $1.5M and $0.01, with growth driven by a 38% increase in grocery sales. However, Peet's guidance for 2011 EPS of $1.40-$1.50 ($1.50 consensus) and 2012 EPS of $1.70-$1.80 ($1.80 consensus) isn't being received well. Also moving lower: GMCR -2%. DNKN -1%.
Comment![Consumer, Earnings, On the Move]
Tuesday, November 1, 2011, 8:36 AM
Shares of Dunkin' Brands (DNKN) fall 3.1% premarket after its Q3 profit fell off 61% as it paid down debt and ran up expenses tied to going public. The firm also announces 3 P-E firms will sell off 22M shares in a secondary offering, repping 18% of the company's total shares.
Comment![On the Move]
Wednesday, October 19, 2011, 3:15 PM
Shares of Green Mountain Coffee Roasters (GMCR -11.5%) are off more than 20% since David Einhorn lasered in on the company's shortcomings, but catch a small lifeline when KeyBanc's Akshay Jagdale comments on his own Buy rating and $120 price target. He says issues raised in Einhorn's bearish case (.pdf) aren't new, and maintains the company is well-positioned to take advantage of licensing deals with SBUX and DNKN.
Comment![On the Move]
Thursday, September 29, 2011, 10:14 AM
Companies canceled or postponed $8.9B in IPOs during Q3, putting the market on pace to set a record for pulled deals. The value so far: $34B, approaching the $40B pulled in 2010. More than half of global IPOs this year are trading below their offer prices, with notable exceptions Dunkin' (DNKN) and Zillow (Z) climbing at least 40%. (also)