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SBUX - Dunkin' Brands Group: At Full Valuation
December, 14 2020 06:09 AM
Starbucks Corporation
Dunkin' is being acquired by Inspire Brands for $8.76B in cash and $11.3B inclusive of debt. The company is now trading at an elevated valuation of 38X forward earnings. Another bidder seems unlikely at this point. Dunkin' is performing relatively well during the COVID-19 pandemic and U.S. stores returned to comparable sales growth in the third quarter. For further details see:
Dunkin' Brands Group: At Full Valuation
Stock Information
Company Name:
Starbucks Corporation
Stock Symbol:
SBUX
Market:
NASDAQ
Website:
starbucks.com
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