Atlas 1 Posted July 28, 2014 Dunkin Brands could use that Box O' Joe right about now. The owner of Dunkin' Donuts said in its latest earnings report Thursday that U.S. sales were weaker than expected and that international consumers weren't enjoying its Baskin-Robbins ice cream as much. Dunkin's Baskin-Robbins joint venture in Japan was hit particularly hard. The company also played the weather card, blaming "unseasonably cold, rainy start to the spring season," early in the quarter. As a result, Dunkin' Brands (DNKN) lowered its sales and profit outlook for the year. The stock fell more than 4%. Dunkin's news follows a similarly weak forecast from rival Krispy Kreme (KKD) last month. Of course, Wall Street can be a tough crowd. Revenue, though lower than a--lysts forecast, increased 4.6% from the year earlier. Profits were also higher compared to the same period last year. And many of Dunkin's offerings are loved by consumers. The company reported sales growth in iced coffee, frozen beverages, and espresso. Promotions were also popular, such as when the company rolled out flower shaped donuts for National Donut Day in June. But Dunkin' faces stiff competition. The breakfast wars are heating up as McDonald's (MCD) and Yum! Brands (YUM)-owned Taco Bell have increased their early morning offerings. And then there's the king of coffee. Starbucks (SBUX) will report its latest quarterly results after the closing bell Thursday. Wall Street is predicting strong sales and earnings growth. http://money.cnn.com/2014/07/24/investing/dunkin-earnings/index.html?hpt=hp_bn6&iid=obnetwork Share Link to post Share on other sites Facebook Twitter
Lassex 1,168 Posted July 28, 2014 My everyday breakfast was a bagel from Dunkin' Donuts when I visited New York/New Jersey in 2011 Share Link to post Share on other sites Facebook Twitter
Knife 4,803 Posted July 28, 2014 Japan doesn't want Dunkin Donuts, they have Mister Donut. Share Link to post Share on other sites Facebook Twitter
RAMROD 61,443 Posted July 28, 2014 It is sad, I really enjoyed DUnkin Donuts better. As for Japan tho, for the moment, Mister Donut is really a big hit. (ノ◕ヮ◕)ノ✧*:・゚ ♥ tête ♥ à ♥ tête ♥ Share Link to post Share on other sites Facebook Twitter
GlitterGrease 53 Posted July 28, 2014 This is so not true for Rhode Island lol there is no joke one on every corner here. It is all that we eat/drink haha Share Link to post Share on other sites Facebook Twitter
GagaUnderYou 4,159 Posted July 28, 2014 They need to give away ARTPOP with every purchase it will help their sales Share Link to post Share on other sites Facebook Twitter
RAMROD 61,443 Posted July 28, 2014 This is so not true for Rhode Island lol there is no joke one on every corner here. It is all that we eat/drink haha Them know good donuts tbh (ノ◕ヮ◕)ノ✧*:・゚ ♥ tête ♥ à ♥ tête ♥ Share Link to post Share on other sites Facebook Twitter
MJHolland 11,709 Posted July 28, 2014 That's silly, DD coffee is soooooo good! It is ALWAYS rated better in blind taste tests (even by coffee fanatics) than Starbucks and McDonalds. Share Link to post Share on other sites Facebook Twitter
Pablo 5,848 Posted July 28, 2014 the one in my town closed last year, it lasted only 2 years Don't visit my profile Share Link to post Share on other sites Facebook Twitter
capso 0 Posted July 28, 2014 But seriously, I don't think their donuts are that great anyway *shrugs* Share Link to post Share on other sites Facebook Twitter
Joumana 463 Posted July 28, 2014 KRISPY KREME ENDING CAREERS guess whos up in this bitch Share Link to post Share on other sites Facebook Twitter
Poker 2,788 Posted July 28, 2014 They need to open one in my country Kindness rules all. Share Link to post Share on other sites Facebook Twitter
Joumana 463 Posted July 28, 2014 That's silly, DD coffee is soooooo good! It is ALWAYS rated better in blind taste tests (even by coffee fanatics) than Starbucks and McDonalds. starbucks is overrated guess whos up in this bitch Share Link to post Share on other sites Facebook Twitter
GagaDragon 10 Posted July 28, 2014 Krispy Kreme>>>>>>>>>>>>all Share Link to post Share on other sites Facebook Twitter
Memo 176 Posted July 28, 2014 My city used to have one I think but I think I was the only costumer so they closed it that or My brain is making memories up lel Krispy Kreme>>>>>>>>>>>>all Thiiiiiiis Share Link to post Share on other sites Facebook Twitter