Dunkin' (DNKN) Sees 6-8% LT Sales Growth, Calls McDonald's (MCD) Its Top Competitor
- Top 10 News for 9/26 - 9/30: Deutsche Bank Soars on Settlement; Twitter Back in the M&A Fray; Nike 'Just Didn't Do It' in Q1
- Wall Street rallies, led by Deutsche Bank, financials
- Viacom (VIAB) Forms Special Committee; Will Explore Potential Combination with CBS (CBS)
- Deutsche Bank (DB) Said Near $5.4B Settlement with U.S. - AFP
- Oil up second straight month on OPEC-fueled rally
Shares of Dunkin' Brands (Nasdaq: DNKN) are now up nearly 3 percent Monday afternoon as the company's Chief Global Strategy Officer Neil Moses just finished speaking at the Jefferies Global Consumer Conference. Below are some highlights from Moses' presentation.
- sees opportunities in Latin America, Europe and Africa
- expecting 6-8 percent long-term sales growth
- sees FY12 same-store sales up 4-5 percent
- called McDonald's (NYSE: MCD) its top competitor
- says K-Cup sales are stronger in new markets
- franchisees are "reluctant" to raise coffee prices
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Ship Finance (SFL) Announces Larger Conv. Notes Offering
- Altisource Portfolio Solutions (ASPS) Supportive of Altisource Residential's (RESI) Portfolio Acquisition; Offers Limited Waiver
- Senomyx (SNMX) Extends PepsiCo Deal for 3 Years
Create E-mail Alert Related CategoriesCorporate News
Related EntitiesJefferies & Co
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!