Dunkin' Brands (DNKN) Tops Q2 EPS by 3c; Narrows Guidance
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Dunkin' Brands (NASDAQ: DNKN) reported Q2 EPS of $0.77, $0.03 better than the analyst estimate of $0.74. Revenue for the quarter came in at $350.6 million versus the consensus estimate of $342.83 million.
- Dunkin' Donuts U.S. comparable store sales increase of 1.4%
- Baskin-Robbins U.S. comparable store sales decline of 0.4%
- Added 96 net new Dunkin\' Donuts and Baskin-Robbins locations globally including 64 net new Dunkin\' Donuts in the U.S.
- Revenues increased 4.9%
- Diluted EPS increased by 30.9% to $0.72
- Diluted adjusted EPS increased by 30.5% to $0.77
GUIDANCE:
Dunkin' Brands sees FY2018 EPS of $2.68-$2.72, versus prior of $2.69-$2.74 and the consensus of $2.74.
For earnings history and earnings-related data on Dunkin' Brands (DNKN) click here.
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