When was dunkin brands ipo




















Dunkin' Donuts has lower penetration relative to its primary competitor, Starbucks, which has 30 stores per 1 million people according to the firm. In the Western part of the country, there is just one Dunkin' Donuts per 1 million people, providing the brand a significant opportunity for growth, in our opinion. As with many companies, the largest potential for growth remains outside the U.

Over the past 10 years, Dunkin' Brands has nearly doubled its store locations internationally. But, at just under 7, restaurants outside the U. Starbucks' international presence is nearly double that of Dunkin' Donuts.

While we don't expect Dunkin' Donuts to grow to Starbucks' scale due to Starbucks' dominance it represents about a third of coffee cups sold at retail , we assert Dunkin' Donuts is one of the few North American midtier chains that has realistic aspirations for international expansion, particularly in emerging markets.

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