Report
R.J. Hottovy
EUR 101.80 For Business Accounts Only

Menu Rationalization, Smart Pricing, and CPG Position Dunkin' for Accelerating Growth Beyond 2017

With Dunkin' Brands' fourth-quarter and full-year results coming in largely as expected-- full-year Dunkin' U.S. comps of 1.6%, revenue growth of 2%, and adjusted operating income growth of 9% (representing 330 basis points of operating margin expansion to 52.7%)--we think the more noteworthy takeaway for investors is initiatives to make the system more cohesive, nimble, and digitally oriented in the years to come. These include plans to test a more streamlined menu at 300 locations in 2017, a "...
Underlying
Dunkin' Brands Group Inc.

Dunkin' Brands Group is a franchisor of quick service restaurants serving hot and cold coffee and baked goods, as well as ice cream. Through its Dunkin' Donuts brand, the company franchises restaurants featuring coffee, donuts, bagels, breakfast sandwiches, and related products. The company licenses Dunkin' Donuts brand products sold in certain retail outlets such as retail packaged coffee, Dunkin' K-Cup? pods, and ready-to-drink bottled iced coffee. Through its Baskin-Robbins brand, the company franchises restaurants featuring ice cream, frozen beverages, and related products. The company distributes Baskin-Robbins ice cream products to certain markets for sale in Baskin-Robbins restaurants and certain retail outlets.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
R.J. Hottovy

Other Reports on these Companies
Other Reports from Morningstar

ResearchPool Subscriptions

Get the most out of your insights

Get in touch