SBUX - Dunkin' Brands Tells Investors It Is Ready to Scale Up Delivery
Dunkin' Brands (NASDAQ: DNKN) recently treated investors to a positive earnings report that included increased earnings guidance for the current year. The fast-food specialist's trends weren't as strong as rival Starbucks (NASDAQ: SBUX), which posted results on the same day. Yet the growth picture supports management's hopes to establish Dunkin' as a more national brand over the next few years.
In a conference call with investors following the report, CEO David Hoffmann and his team added context to the earnings metrics and explained why they are more bullish heading into the final quarter of 2019.
Let's look at some highlights from that chat.