Categories AlphaGraphs, Consumer, Earnings
Infographic: Highlights of Dunkin’ Brands (DNKN) Q1 2020 earnings results
Dunkin’ Brands Group, Inc. (NASDAQ: DNKN) reported its financial results for the quarter ended March 28, 2020, on Thursday before the bell. The top-line rose by 1.3% on an increase in sales of ice cream and other products as well as higher license fees related to Dunkin’ K-Cup pods and retail packaged coffee.
Global systemwide sales declined by 0.2% in the first quarter, primarily due to Dunkin’ global comparable store sales declines as a result of the global COVID-19 pandemic, partially offset by global store development and Baskin-Robbins comparable store sales growth. The pandemic had an unfavorable impact on systemwide sales for each of its segments.
Due to the evolving nature and inherent uncertainty related to the COVID-19 pandemic and its impact on financial and operational results, the Company is withdrawing its fiscal year 2020 projections and its long-term targets. The company’s board of directors is suspending its regular dividend program.
Take a look at rest of the consumer industry news here
Most Popular
Key highlights from Adobe (ADBE) Q2 2021 earnings results
Adobe Systems Incorporated (NASDAQ: ADBE) reported second quarter 2021 earnings results today. Total revenue grew 23% year-over-year to $3.84 billion. GAAP net income was $1.11 billion, or $2.32 per share,
Three factors that bode well for Delta Air Lines (DAL) going forward
Shares of Delta Air Lines Inc. (NYSE: DAL) have gained 45% over the past 12 months and 11% since the beginning of this year. After a particularly distressful period, like
KR Earnings: All you need to know about Kroger Q1 2021 earnings results
The Kroger Co. (NYSE: KR) reported first-quarter 2021 earnings results today. Total company sales were $41.3 billion compared to $41.5 billion in the same period last year. Excluding fuel, sales
