Dunkin’ misses U.S. same-store sales estimates

Dunkin’ Brands Group Inc reported lower-than-expected quarterly same-store sales in its namesake donut and coffee chain on Thursday, as it struggled to attract diners in a crowded breakfast and coffee market in the United States.

Comparable sales at Dunkin’s U.S. stores grew 1.5% in the third-quarter ended Sept. 28, below the estimates of 1.7% rise, according to IBES data from Refinitiv.

Net income rose to $72.4 million, or 86 cents per share, from $66.1 million, or 79 cents per share, a year earlier.

Source:- https://retail.economictimes.indiatimes.com/news/food-entertainment/food-services/dunkin-misses-u-s-same-store-sales-estimates/71849591

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