|Bid||64.20 x 400|
|Ask||64.89 x 400|
|Day's Range||63.87 - 65.32|
|52 Week Range||50.54 - 66.44|
|PE Ratio (TTM)||28.32|
|Forward Dividend & Yield||1.29 (2.02%)|
|1y Target Est||N/A|
Do They Pick Restaurant Stocks? Millennials have a tendency to turn to sectors that they are familiar with and companies whose products or services are part and parcel of their lives. This trend has been motivating food chains like McDonald’s, Darden and Papa John’s to ramp up their efforts to meet the demands of millennials.
Four restaurant stocks, DNKN, EAT, MCD and CBRL, are not only catching the attention of millennials through digital initiatives but also of the stock market with strong fundamentals.
Dunkin' Brands (NASDAQ: DNKN) has been steadily tweaking its signature brand to better compete in a crowded marketplace. Its moves have included everything from dropping some menu items to offering fewer ...
Here are a few things you’ll see at the new Dunkin’ Donuts concept store. To help customers get in and out quicker, the concept store includes a larger selection of ready-to-go items. The store is also one of the first to ditch the Dunkin’ Donuts name.
Dunkin' Brands' (DNKN) focus on re-imaging stores, strong digital initiatives and aggressive expansion strategies are expected to drive the company's performance.
The Canton-based company's first next-generation store in the country — simply called Dunkin' — opened today in Quincy. According to Dunkin' executive Dave Hoffmann in an interview with the Business Journal, the new 2,200-square-foot location uses the latest technology in an attempt to attract on-the-go millennials. For instance, the store has a separate drive-through for those customers who use the Dunkin' app to order and pick-up their food.
As of January 11, 2018, Starbucks (SBUX) was trading at $60.0. On the same day, analysts were expecting the company’s stock price to reach $62.81 in the next 12 months, which represents a return potential of 4.7% from its current stock price. From the above graph, we can see that analysts have lowered their target prices from $64 at the beginning of 2017 to $61.95 in December 2017.
The valuation multiple helps investors assess comparable companies. The forward PE multiple is calculated by dividing the company’s current stock price from analysts’ earnings estimate for the next four quarters. As of January 11, 2018, Starbucks was trading at a forward PE multiple of 24.5x compared to 25.0x at the beginning of 2017.
For fiscal 2018, analysts expect Starbucks (SBUX) to post revenue of $24.57 billion, which represents growth of 9.8% from $22.39 billion in fiscal 2017. In the long run, Starbucks’s management expects its revenue growth to be in the high single digits, while its SSSG (same-store sales growth) is expected to be in the range of 3%–5%. Starbucks’s fiscal 2018 revenue growth is expected to be driven by the addition of new restaurants, positive SSSG, and growth in sales from the Channel Development segment.
In fiscal 2017, Starbucks (SBUX) posted revenue of $22.39 billion, which represents growth of 5.0% from its $21.32 billion in fiscal 2016. The revenue growth was driven by the addition of new restaurants, positive SSSG (same-store sales growth), and an increase in revenue from channel development and other segments. The revenue growth was driven by the addition of 768 new company-owned restaurants, which contributed $869 million.
While Dunkin' Donuts (NASDAQ: DNKN) has gotten some attention recently for its plan to trim the number of items on its regular menu by 10%, that certainly hasn't stopped the chain from adding limited-time ...
Dunkin’ Donuts — owned by Dunkin Brands Group Inc (NASDAQ:DNKN) — announced that it would be reducing the size of its menu by 10% of its items. The company said the move stems from its intent to streamline its offerings moving forward, shedding off items that are not as popular and may be slowing down consumers from ordering Dunkin’ Donuts favorites.
The change at Dunkin’ Donuts affects all of the chain’s donuts that are made in the U.S. However, it notes that customers will still be able to find plenty of donuts that have bright colors on them, even without using artificial dyes. Dunkin’ Donuts says that the reason for the change was to allow more transparency on its menu and still deliver a high-quality product to its customers. This is part of Dunkin Brands’ plans to remove artificial dyes from all of its products by the end of the year.
The Coca-Cola Co (NYSE:KO) shares have been stuck in a prolonged rut. During the last ten years, the average return has come to a mere 6.21%. By comparison, the S&P 500 posted an average gain of 15.59%. KO stock just hasn’t been getting it done.
Dunkin Brands Group Inc (NASDAQ: DNKN ) holds the title as 2018's unofficial first subject of a go-private rumor. Germany's JAB Holding, a private investment firm that has been active in buying American ...