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Dunkin Brands Group: Q3 Earnings Insights

Benzinga Insights
·1 min read

 

Shares of Dunkin Brands Group (NASDAQ:DNKN) moved higher by 1.2% in pre-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share increased 3.33% over the past year to $0.93, which beat the estimate of $0.80.

Revenue of $361,543,000 rose by 1.59% from the same period last year, which beat the estimate of $345,650,000.

Looking Ahead

Dunkin Brands Group hasn't issued any earnings guidance for the time being.

Revenue guidance hasn't been issued by the company for now.

Conference Call Details

Date: Oct 29, 2020

View more earnings on DNKN

Time: 07:00 AM

ET Webcast URL: https://edge.media-server.com/mmc/p/h9hc2k3x

Price Action

52-week high: $104.87

52-week low: $38.51

Price action over last quarter: Up 48.38%

Company Description

Dunkin' Brands, through Dunkin' Donuts (83% of system sales) and Baskin-Robbins (17%), generates revenue through franchise royalties and rent payments, sales of ice cream products to franchisees, and sales at company-owned stores. Based on systemwide sales of $12.2 billion in 2019, Dunkin' is the second- largest global beverage and snack chain behind Starbucks. There are more than 13,100 Dunkin' Donuts (9,600 U.S. and 3,500 international) and almost 8,000 Baskin-Robbins locations worldwide (2,500 U.S. and 5,500 international).

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