Dunkin' Brands Reports First Quarter 2020 Results
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Dunkin' Brands (DNKN) Tops Q1 EPS by 1c, Revenues Beat, Comp. Store Sales Down 2%; Suspends Dividend
April 30, 2020 6:16 AM EDTDunkin' Brands (NASDAQ: DNKN) reported Q1 EPS of $0.63, $0.01 better than the analyst estimate of $0.62. Revenue for the quarter came in at $323.1 million versus the consensus estimate of $311.78 million.
First quarter highlights include:
Dunkin' U.S. comparable store sales decline of 2.0%; comparable store sales growth of 3.5% in the first 10 weeks of the quarter, including positive ticket and traffic, was offset by a comparable store sales decline of 19.4% in the last three weeks of the quarterBaskin-Robbins U.S. comparable store sales growth of 1.8%; comparable store sales growth of 11.0% in the first 10 weeks... More