Dunkin' Brands Group (NYSE: DNKN), a popular fallback on the grab-and-go meal crowds, is expanding into the wedding industry with a new line of …
Inspire Brands closed its acquisition of Dunkin' Brands in December with the deal transforming the restaurant operator into a bigger player in the breakfast and international markets, Inspire Brands CEO Paul Brown said during a Fox Business interview. Portfolio Transformation: Inspire's acquisition of Dunkin' adds a new element to the restaurant operator's business, especially in the breakfast category, Brown said. Inspire has plenty of exposure to the lunch and dinner categories through its multiple brands, including Arby's, Buffalo Wild Wings and Jimmy John's. But … Full story available on Benzinga.com
Looking for the ideal gift for that special someone that loves food? Benzinga compiled a list of our favorite restaurant-branded gift ideas. Chipotle Pajamas: Chipotle Mexican Grill, Inc. (NYSE: CMG ) is selling holiday-themed loungewear , including pajamas and hoodies. Dunkin Candles: Dunkin Brands Group Inc (NASDAQ: DNKN ) is selling a limited-edition lineup of coffee- and donut-scented candles just … Full story available on Benzinga.com
LONDON--(BUSINESS WIRE)-- #Foodservice--The Foodservice Tea Market in US will grow by USD 2.66 bn during 2020-2024
Dunkin'' Brands Group Inc. shares closed 0.0% higher than its previous 52 week high, giving the company a market cap of $8B. The stock is currently up 42.5% year-to-date, up 43.9% over the past 12 months, and up 176.6% over the past five years. This week, the Dow Jones Industrial Average fell 0.7%, and the S&P 500 fell 1.2%. Trading Activity Trading volume this week was 19.8% lower than the 20-day average. Beta, a measure of the stocks volatility relative to the overall market stands at 1.2. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought. MACD, a trend-following momentum indicator, indicates a downward trend. The stock closed below its Bollinger band, indicating it may be oversold. The stock closed at Infinity% higher than its 5-day moving average, 0.2% higher than its 20-day moving average, and 19.7% higher than its 90-day moving average. Market Comparative Performance The company's share price beats the S&P 500 Index this week, beats it on a 1-year basis, and beats it on a 5-year basis The company's share price beats the Dow Jones Industrial Average this week, beats it on a 1-year basis, and beats it on a 5-year basis The company share price beats the performance of its peers in the Communication Services industry sector this week, beats it on a 1-year basis, and beats it on a 5 year basis Per Group Comparative Performance The company's price-earnings ratio lags its average peer by -12.3% The company's performance over the last 1 year beats its average peer by 298.7% This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.
Former Dunkin' Brands CEO Nigel Travis said he is disappointed in Washington's lack of help.
Looking at Q3, Dunkin Brands Group (NASDAQ: DNKN) earned $121.06 million, a 56.87% increase from the preceding quarter. Dunkin Brands Group also posted a …
Dunkin'' Brands Group Inc. shares closed today at just slightly below its 52 week high of $106.45, giving the company a market cap of $8B. The stock is currently up 42.5% year-to-date, up 42.3% over the past 12 months, and up 176.6% over the past five years. This week, the Dow Jones Industrial Average fell 0.5%, and the S&P 500 fell 1.0%. Trading Activity Trading volume this week was 57.2% lower than the 20-day average. Beta, a measure of the stocks volatility relative to the overall market stands at 1.2. Technical Indicators The Relative Strength Index (RSI) on the stock was between 30 and 70. MACD, a trend-following momentum indicator, indicates a downward trend. The stock closed below its Bollinger band, indicating it may be oversold. The stock closed at 0.0% lower than its 5-day moving average, 0.1% higher than its 20-day moving average, and 20.2% higher than its 90-day moving average. Market Comparative Performance The company's share price beats the S&P 500 Index this week, beats it on a 1-year basis, and beats it on a 5-year basis The company's share price beats the Dow Jones Industrial Average this week, beats it on a 1-year basis, and beats it on a 5-year basis The company share price beats the performance of its peers in the Communication Services industry sector this week, beats it on a 1-year basis, and beats it on a 5 year basis Per Group Comparative Performance The company's price-earnings ratio lags its average peer by -12.5% The company's performance over the last 1 year beats its average peer by 256.8% This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.
ATLANTA & CANTON, Mass.--(BUSINESS WIRE)--Inspire Brands, Inc. (“Parent”) and Dunkin’ Brands Group, Inc. (“Dunkin’ Brands”) (NASDAQ: DNKN), announced today that Parent and Vale Merger Sub, Inc. (“Purchaser”) have waived the “Inside Date Condition” as described in the Offer to Purchase in connection with Parent’s previously-announced tender offer to acquire all of the outstanding shares of common stock of Dunkin’ Brands at a price of $106.50 per share in cash, effectuated by Purchaser, a wholly-
Gourmet beverages might belong to the category of cheapest luxury goods, but these manufacturers suffered this year along with the overall economy. Even leaders such as Starbucks (NASDAQ: SBUX ) and PepsiCo (NASDAQ: PEP ) saw significant sales declines as soon as lockdowns took place, though their equity has since rebounded for the most part. Starbucks specifically has taken coffee to the next level with 32,000 cafes across the globe. So what did Starbucks do that helped it stay afloat? The effect of a global pandemic Starbucks revealed COVID-19 made it lose $1.2 billion in sales as an impact of limited operations, reduced hours as well as closures. This year, the US coffee chain saw everything but its typical quarter where sales and comps both score notch high growth numbers as they bottomed out at as low as a 65% decline during the company's third quarter. Competitors For now, the coffee giant does not really have a real competitor be threatened by. Dunkin' Brands (NASDAQ: DNKN ) stores and McDonald's ( NYSE: MCD ) do both sell coffee.
Coffee and fast food chain Dunkin Brands Group Inc (NASDAQ: DNKN ) is launching a new lineup of merchandise just in time for the holiday season, the company said in a press release. What Happened: Dunkin's lineup of limited-edition holiday merch is designed to please fans of the coffee chain. The lineup will start selling on ShopDunkin.com Tuesday and promises to feature even more exciting apparel and accessories compared to last year's event, which sold out within hours. But Dunkin Perks … Full story available on Benzinga.com
NEW YORK, Nov. 5, 2020 /PRNewswire/ -- Juan Monteverde, founder and managing partner at Monteverde & Associates PC, a national securities firm headquartered at the Empire State Building in New York City, is investigating Dunkin' Brands Group, Inc. ("Dunkin'" or the "Company") (DNKN)…
Inspire Brands will buy Dunkin' Brands Group for $8.76 billion, bringing chains like Arby's and Dunkin' Donuts under the same umbrella in one of the largest restaurant deals of all time.
NEW YORK, Nov. 2, 2020 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Dunkin' Brands Group, Inc. ("DNKN" or the "Company") (NASDAQ: DNKN) in connection with the proposed acquisition of the Company…
Dunkin' (DNKN) is making news on Monday following the announcement that Inspire Brands plans to acquire it for a hefty sum.
Coffee chain Dunkin Brands Group Inc (NASDAQ: DNKN ) confirmed Friday evening that it struck deal to sell itself to Inspire Brands for $106.50 per share. The Street's mostly supportive of the deal — and questioning whether it signals further M&A deals ahead in the restaurant space. The Dunkin' Analysts Credit Suisse analyst Lauren Silberman downgraded Dunkin' from Outperform to Neutral with a price target lifted from $75 to $106.50. BMO Capital Markets analyst Andrew Strelzik maintains a Market Perform rating on Dunkin's with a price target lifted from $80 to $106.50. Morgan Stanley analyst John Glass maintains an Equal-weight rating on Dunkin's with a price target lifted from $81 to $106.50. KeyBanc Capital Markets analyst Eric Gonzalez downgraded Dunkin' from Overweight to Sector Weight. Credit Suisse On Dunkin' Deal Details Dunkin' and Inspire jointly confirmed a merger agreement Oct. 30 that values Dunkin's core coffee chain and Baskin-Robbins at $11.3 billion including debt, Silberman said in a note.
Atlanta Company Acquires Dunkin' Brands For $11.3 Billion - Atlanta, GA - An Atlanta-based company announced the purchase of the Dunkin' brand.
Yahoo Finance’s Brian Sozzi, Julie Hyman, and Myles Udland discuss Dunkin Brands’ move to go private in a $8.8 billion deal with Inspire Brands.
The stocks making the biggest moves in premarket trading include
Inspire Brands has announced it will acquire Dunkin' Brands in a $11.3 billion deal. Dunkin' Brands, the parent company of Dunkin' and Baskin-Robbins, will join other fast-food restaurants under Inspire's portfolio, including Arby's, Buffalo Wild Wings, Sonic Drive-In, Rusty Taco and Jimmy John's, according to the deal announced Friday…
Share this Stock Information Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of Dunkin’ Brands Group, Inc. (NASDAQ:DNKN) to Inspire Brands, Inc. (“Inspire”) for $106.50 per share in cash is fair to Dunkin’ Brands shareholders. On behalf of Dunkin’ Brands shareholders, Halper Sadeh LLP may seek increased consideration for… Read More »Dunkin’ Brands Merger Investigation: Halper Sadeh LLP Announces Investigation Into Whether the Sale of Dunkin’ Brands Group, Inc. Is Fair to Shareholders; Investors Are Encouraged to Contact the Firm – DNKN
Inspire Brands, which owns Arby's, Buffalo Wild Wings and Sonic Drive-In, said its all-cash deal to take the owner of Dunkin' Donuts and Baskin-Robbins chains private would value it at $106.50 a share
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Dunkin’ doughnuts and coffee is being combined with Buffalo Wild Wings and Arby’s sandwiches
Dunkin' Brands Group Inc has agreed to be acquired by Inspire Brands for US$11.3 billion including debt, the Wall Street Journal reported https://on.wsj.com/2TBt1o5 on Friday, bringing chains like Arby's and Dunkin' Donuts under the same umbrella in one of the largest restaurant deals.
Dunkin' Brands has agreed to be acquired by Inspire Brands for $11.3 billion including debt.
https://www.investing.com/news/stock-market-news/inspire-brands-to-buy-dunkin-brands-group-for-113-billion-including-debt-wsj-2337751
LONDON--(BUSINESS WIRE)-- #GlobalIceCreamMarket--The Global Ice Cream Market will grow by $ 20.2 bn during 2020-2024
Dunkin' Brands Group (NASDAQ:DNKN) had its price objective upped by Wedbush from $67.00 to $86.00 in a research note published on Monday morning, AnalystRatings.net reports. They currently have a neutral rating on the restaurant operator’s stock. Other equities research analysts also recently issued reports about the stock. Royal Bank of Canada reiterated a hold rating […]
Dunkin' Brands Group, Inc. (NASDAQ:DNKN) was the target of a large growth in short interest in September. As of September 30th, there was short interest totalling 2,260,000 shares, a growth of 15.9% from the September 15th total of 1,950,000 shares. Based on an average daily volume of 818,300 shares, the days-to-cover ratio is currently 2.8 […]
Dunkin' Brands Group (NASDAQ:DNKN) had its price target upped by equities researchers at Wedbush from $67.00 to $86.00 in a report released on Monday, Analyst Ratings Network reports. The brokerage presently has a “neutral” rating on the restaurant operator’s stock. Wedbush’s price target suggests a potential downside of 0.76% from the company’s current price. Other […]
Dunkin' Brands Group (NASDAQ:DNKN) had its target price lifted by research analysts at Wedbush from $67.00 to $86.00 in a research note issued to investors on Monday, AR Network reports. The firm currently has a “neutral” rating on the restaurant operator’s stock. Wedbush’s target price indicates a potential downside of 0.76% from the stock’s current […]
Dunkin' Brands Group (NASDAQ:DNKN) had its target price boosted by investment analysts at Wells Fargo & Company from $67.00 to $83.00 in a note issued to investors on Monday, The Fly reports. The firm currently has an “equal weight” rating on the restaurant operator’s stock. Wells Fargo & Company‘s target price suggests a potential downside […]
Dunkin' Brands Group, Inc. (NASDAQ:DNKN) was the recipient of a significant increase in short interest in September. As of September 30th, there was short interest totalling 2,260,000 shares, an increase of 15.9% from the September 15th total of 1,950,000 shares. Based on an average trading volume of 818,300 shares, the days-to-cover ratio is presently 2.8 […]
Dunkin' Brands Group (NASDAQ:DNKN) had its price objective upped by Wedbush from $67.00 to $86.00 in a research report report published on Monday, AnalystRatings.net reports. They currently have a neutral rating on the restaurant operator’s stock. Several other analysts have also recently weighed in on the stock. BTIG Research cut shares of Dunkin' Brands Group […]
Dunkin' Brands Group (NASDAQ:DNKN) had its price target hoisted by Wells Fargo & Company from $67.00 to $83.00 in a research note released on Monday, The Fly reports. The firm currently has an equal weight rating on the restaurant operator’s stock. Several other equities analysts also recently commented on DNKN. JPMorgan Chase & Co. raised […]
CANTON, Mass., Oct. 16, 2020 /PRNewswire/ -- Dunkin' Brands Group, Inc., (Nasdaq: DNKN), the parent company of two of the world's most recognized brands, Dunkin' and Baskin-Robbins, plans to release its third quarter financial results on Thursday, October 29, 2020, with a conference call…
Dunkin' Brands conjures up a spicy new donut, while Morgan Stanley raises its price target on the shares.
The National Coffee Day celebration took place on Tuesday, Sept. 29, and the data suggests there's a winner between two of the biggest rivals in the space. Dunkin's 'Good Day': Coffee and donut chain Dunkin Brands Group Inc (NASDAQ: DNKN ) saw its foot traffic increase 10% year-over-year for the equivalent Tuesday on the basis of compelling promotions, according to data firm Placer.ai. Dunkin' was up against … Full story available on Benzinga.com
BTIG lowers Dunkin' Brands (DNKN -0.0%) to a Neutral rating after having it slotted at Buy. Analyst Peter Saleh: "We continue to expect same-store sales fo
Dunkin Brands Group Inc's (NASDAQ: DNKN ) recovery from its COVID-19 lows may have occurred a lot sooner than many expected. What Happened: Dunkin' Donuts saw total monthly visits decline by 42.6% year-over-year in May, a figure that has since improved sequentially, according to data compiled by Placer.ai. Monthly visits improved to negative 27.1% in June, negative 15.7% in July and negative 11.3% in August, according to the retail data firm. Trends … Full story available on Benzinga.com
CANTON, Mass., Sept. 2, 2020 /PRNewswire/ -- Dunkin' Brands Group, Inc. (Nasdaq: DNKN), the parent company of Dunkin' and Baskin-Robbins, announced today that management will be presenting on Tuesday, September 15, 2020, at the J.P. Morgan Gaming, Lodging, Restaurant & Leisure Management…
Bank of America upgrades Dunkin' Brands (NASDAQ:DNKN) to a Buy rating from Neutral. The firm expects breakfast and coffee to be negatively impacted by COVI
Dunkin Brands Group, Inc. (NASDAQ: DNKN ) continues to perform well during the pandemic, although some bears are highlighting elevated expectations and unexpected store closures, according to KeyBanc Capital Markets. The Dunkin’ Analyst : Eric Gonzalez reiterated an Overweight rating on Dunkin' Brands with a $78 price target. The Dunkin’ Thesis: Dunkin’s second-quarter positives far outweigh the negatives, and after Thursday's quarterly report, “we have even more conviction that these efforts are setting the chain up for future success,” Gonzalez said in … Full story available on Benzinga.com
Learnings from early coronavirus outbreaks in its two main markets of Boston and New York have the company prepared for a second wave of the pandemic, CEO Dave Hoffmann said.
Dunkin' Brands Group, which operates Dunkin' coffee stores, said second quarter revenue fell 20 per cent with fewer customers stopping off at the chain on their way to work during COVID-19.
Dunkin' Brands second-quarter revenue fell 20% as fewer customers stopped by its stores due to the coronavirus pandemic on their way to work.
Dunkin' Brands posts second-quarter results just below analysts’ estimates and says it could close as many as 800 of its stores permanently.
Dunkin' Brands Group Inc. undefined reported Thursday a second-quarter adjusted profit that fell below expectations, but revenue that fell less than…
CANTON, Mass., July 30, 2020 /PRNewswire/ -- Second quarter highlights include: Dunkin' U.S. comparable store sales decline of 18.7%, which improved sequentially in each month of the quarter Baskin-Robbins U.S. comparable store sales decline of 6.0%, which improved sequentially in each…