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DNKN - Why Dunkin' Brands' Franchise Strategy Is a Strength During COVID-19
Dunkin' Brands Group Inc.
The COVID-19 pandemic slammed restaurant profits deep into negative territory when it shut down dine-in facilities across the U.S. in March. But according to Dunkin' Brands'(NASDAQ: DNKN)fiscal first-quarter earnings report, the flexibility provided by its franchise model might have softened the blow.
If this is indeed the case, then Fools investing in consumer-discretionary stocks might look to the coffee, donut, and ice cream chain to recover swiftly when America reopens for business.