Dunkin' Brands Will Make New Highs [Seeking Alpha]
DUNKIN BRANDS GROUP (DNKN)
Last dunkin brands group earnings: 4/30 06:00 am
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US:NASDAQ Investor Relations:
investor.dunkinbrands.com/investor-relations
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Source: Seeking Alpha
Summary Image credit A strong rally off the bottom Dunkin’ Brands ( DNKN ) has certainly seen its fair share of volatility in the past few quarters. The company’s torrid growth of a few years ago came and went and with it, a relentless desire on the part of investors to continuously bid the stock up. However, in more recent times, Dunkin’ has become a bit of a value play. Indeed, back in February , the stock had just been pounded on a weak earnings report and at $59, I said it was time to pull the trigger. We are at $74 as I write this, so shares have performed well, but what about now? Despite the sizable run we’ve seen, it looks to me like Dunkin’ has some further upside potential. Results support the bull case The company’s recent results have remained decently strong as revenue has grown just over 3% so far in 2018. Dunkin’ Brands' footprint is already enormous, so expansion is slow on a percentage basis. Dunkin’ is experiencing good su
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