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Fly News Breaks for April 28, 2017
QSR, DNKN
Apr 28, 2017 | 09:32 EDT
Longbow analyst Alton Stump does not expect Dunkin' Brands to be acquired. Dunkin's 100% franchise model is not a good fit for JAB, while Restaurant Brands (QSR) would be deterred by the company's high debt levels, the analyst stated. Additionally, all potential acquirers will have difficulty ignoring Dunkin's "decelerating same-store sales and net unit growth fundamentals," according to the analyst, who keeps an Underperform rating on the shares.
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