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DNKN - Dunkin' Brands: Buying A Good Business At A Fair Price
Dunkin' Brands Group Inc.
When we first wrote about Dunkin' Brands (DNKN) right after the market sell-off in March, we had two main concerns about the company.
The first one was Dunkin's high debt levels. At the time, we didn't know what to expect. With many businesses closed due to the pandemic and with people working from home, we thought Dunkin's business was in a tough place, as daily commuters looking to grab some coffee along the way were now stuck at home. With fewer revenues coming into their doors, we thought Dunkin' might have trouble servicing