BTW, had my first sampling of the smoked sausage (w/ egg & cheese on an everything bagel) yesterday. Mighty tasty! That plus a delicious medium regular coffee made for a great lunch and it only cost $5.
A few weeks ago, I grabbed a coffee and sandwich from SBUX. Not only was it less tasty, it cost me three times more.
America runs on Dunkins, and DNKN is ready for its own run.
"Miller Tabak raised its rating on Dunkin' Brands (NASDAQ: DNKN) from Hold to Buy and raised its price target from $34 to $38.
Miller Tabak commented, "We upgrade shares of Dunkin' Brands (DNKN) to Buy and raise our fair value estimate to $38 (from $34) given what we think has been a solid 4Q12 and our outlook for a slightly improved sales environment in 2013. We continue to view year-over-year traffic gains and accelerated new unit growth plans at Dunkin' Donuts U.S. as key positives, and today we add a third positive—solid retail sales, particularly for singleserve K-Cups—as a catalyst for DNKN in the next couple of quarters."
Funny, no mention of lower costs due to bean bumper crop. But the K-cup phenomenon looks real (and profitable).