|Bid||69.98 x 800|
|Ask||70.00 x 800|
|Day's Range||69.35 - 70.20|
|52 Week Range||50.89 - 70.55|
|PE Ratio (TTM)||17.88|
|Forward Dividend & Yield||1.39 (2.03%)|
|1y Target Est||N/A|
Dunkin’ Donuts — owned by Dunkin Brands Group Inc (NASDAQ:DNKN) — announced that it is giving away free frozen lemonade today in honor of a very special time of the year. Thursday, June 21 is the summer solstice in 2018, which is the longest day of the year according to the Earth’s position relative to the sun, meaning that we have the most amount of sunlight today compared to other days. Dunkin’ Donuts is celebrating the summer solstice in style with a special nationwide Frozen Lemonade tasting event today.
On June 5, Dave & Buster’s Entertainment (PLAY) stock fell 19.4% to $44.48 on a YTD (year-to-date) basis. The stock’s price movement was impacted, as the company’s performance is improving slowly despite its implementation of several strategic measures. For the fiscal fourth quarter of 2017, Dave & Buster’s reported a 5.9% decline in comps (comparable store sales).
Before the upcoming results, all ten analysts covering the stock have rated it as a “buy.” Dave & Buster’s is expected to report revenues of $322.1 million, representing growth of 5.9% on a YoY (year-over-year) basis. On May 21, Maxim raised its price target on PLAY stock to $68.00 from $62.00 projected earlier. Currently, the analysts’ 12-month average target price for the company is $54.61, which reflects a 22.8% upside to its June 5 closing price.
My bearishness on coffee house operator Starbucks Corporation (NASDAQ:SBUX) is well-known to anyone who reads my articles. Ever since last year, I’ve called Starbucks stock the ultimate “sideways stock,” as slowing growth from increased competition has converged on a premium valuation. Indeed, since 2016, Starbucks stock has done nothing but bounce between the lower $50s and lower $60s with a net change of down 8%.
and short-seller Jim Chanos is running as hot as a freshly brewed coffee. "What he [Chanos] doesn't get is that we have a beautiful [business] model, we have a brand that we constantly try to refresh based on what the consumer wants," Dunkin' Brands CEO Nigel Travis told TheStreet. Dunkin' Brands Group had little time to celebrate its better than expected first-quarter in late April as headlines erupted that noted short-seller Jim Chanos had bet against the company.
Starbucks has a presence in 75 countries worldwide and is a global leader in coffee roasting, marketing and retailing. Starbucks has a market cap of $78.536 billion and raked in annual revenue of $22.38 billion in 2017 with a net income of $2.88 billion. At current share prices of $56.91, the stock is trading at about 18.9 times earnings.
Dunkin' Brands chief Nigel Travis defends the doughnut maker's "asset-light model," which Chanos cited as a reason for his short.
The offer for free Krispy Kreme donuts is simple. Customers just have to stop by their local Krispy Kreme store on National Donut Day, which takes place on June 1, 2018, to pick up a free donut of their choice. The offer is only for one free Krispy Kreme donut.
Starbucks Corporation (NASDAQ:SBUX) is off to a rough start in the post-Howard Schultz era. Starbucks stock first hit $60 in 2015, and has touched that level twice more. The last time Schultz left Starbucks, in the early 2000s, the company proceeded to go into a tailspin.
Dunkin' Brands' (DNKN) franchised business model, various sales initiatives like product launches, ongoing loyalty program along with enhanced digital offerings bode well.
Diners like the convenience and affordability of fast-food and fast-casual restaurants, a trend that shows no sign of slowing. Many of these chains have a presence across the country as they continue to expand. Here is a quick look at stories about the leading brands in the industry as recently reported by The Business Journals and other media.
Dunkin' Brands Group Inc. said Tuesday its board has approved a $250 million share buyback program. In February, the company entered a $650 million accelerated share buyback program and received an initial ...
A product launch coincided with a regulatory filing, showing how much the private equity buyer paid for its majority stake.
Important news for shareholders and potential investors in Dunkin’ Brands Group Inc (NASDAQ:DNKN): The dividend payment of $0.35 per share will be distributed into shareholder on 06 June 2018, andRead More...
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Yahoo Finance's Seana Smith talks with Andrea Illy, chairman of Illy, about consolidation in the coffee industry, competing with big giants like Starbucks, future growth and the industry's single biggest risk.
Jim Chanos, Kynikos Associates, talks about his short position in Tesla and what he thinks about the company's prospects for the future.
Dunkin’ Donuts is offering free treats for National Donut Day. But the restaurant chain’s CEO admits they are facing headwinds. Yahoo Finance’s Alexis Christoforous speaks with Nigel Travis, CEO of Dunkin’ Donuts.
KFC, Burger King, Dunkin’ Donuts and Velveeta are just some of the businesses cashing in on the royal wedding craze. Yahoo Finance’s Seana Smith, Myles Udland and Jen Rogers discuss.