Wednesday, November 20, 2019
Dunkins brands strategic performance Article Example | Topics and Well Written Essays - 1000 words
Dunkins brands strategic performance - Article Example The growth rate is healthy due to lucrative returns for franchisee and surging sales in the Dunkinââ¬â¢ Donuts outlets in U.S. Answer: In the fourth quarter of 2013, the corporation announced an increase by 13.3% in terms of revenues to about $183.2 million. It is believed that the performance was optimistic due to rising sales of Dunkinââ¬â¢ Donuts same-stores which was about 3.5% and at Baskin-Robbins U.S. sales increased by 2.2%. Despite the decline in consumer spending power and harsh conditions of weather, Dunkinââ¬â¢ Brands appears to be doing extraordinarily satisfactorily. We are optimistic about future sales as we are expecting that our sales of Dunkinââ¬â¢ Donuts will increase in between 3-4% in U.S. and Baskin-Robbins in between 1-2% during the period of 2014. Moreover, dividends were also increased by 21% in the quarter which is a positive indication of our firmââ¬â¢s financial performance. Dunkin Brands Group Inc. is the well-known QSR Company which has more than 17,000 distribution points in more than sixty countries globally. It is recognised for being the worldââ¬â¢s top ranked franchisors of QSR which is serving a unique range of baked goods, hot and cold coffees and ice creams. In order to effectively manage the business operations, it has four vital components classified as Dunkinââ¬â¢ Donuts, Baskin-Robbins, Nutrition Advisory Board and Culinary Dream Team. Since it has international operations, it is employing franchise model in global destinations. As of 2011, there are 100% franchised business models which comprise of about 10,500 restaurants of Dunkinââ¬â¢ Donuts and 7,000 outlets of Baskin-Robbins. For the period of 2012, Dunkinââ¬â¢ Brands reported sales of more than $8.8 billion generated from its franchisees. The corporation has its headquarters in Canton, Mass. Dunkinââ¬â¢ Brands is well-aware of the fact that the strength of a company lies in its skilled, loyal and experienced workforce and it strives to develop
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