- Language: English
- 605 Pages
- Published: March 2014
Summary: Dunkin' Brands Inc. Jan 13
- ID: 2383427
- January 2013
- Standard & Poors
The ratings on Dunkin' Brands reflect Standard & Poor's Ratings Services' assessment of the company's business risk as "fair" and its financial risk as "highly leveraged." Our assessment of the company's fair business risk profile primarily reflects its highly franchised business model and good market position in the very competitive beverage-and-snack sector. As a franchisor, its revenues primarily come from royalty payments from its franchisees, and it does not bear the risk of their operations or of significant swings in commodity costs. As such, we expect Dunkin' Brands to maintain relatively stable operating performance and cash flow generation. Dunkin' Brands has been expanding into new markets, which we believe will lead to a gradual increase in earnings and cash flows...
Companies mentioned in this report are:
- Dunkin' Brands Inc.
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