In a press release dated April 30th, Dunkin' Brands (DNKN) posted a net income of $52.1 million for the first quarter of Fiscal 2020 ending March 28th.  Revenues amounted to $323.1 million and diluted EPS was $0.63.  Results were close to the first quarter of 2019 with a net income of $52.3 million on revenues of $319.1 million and a diluted EPS of $0.67. 

In the U.S. Dunkin' stores posted a 2.0 per cent decline in comparable same store sales growth compared to a positive 2.4 percent for the first quarter of 2019.  Dunkin' International recorded a 7.1 per cent decline in comparable same store sales growth compared to a positive 2.9 per cent for the corresponding quarter of 2019. The declines were attributed to the effect of COVID-19 with International stores affected earlier by travel and home confinement restrictions compared to the U.S.

As with many QSRs Dunkin' Brands has suspended dividend and will not issue future guidance. Dunkin' Brands is totally franchisee-operated and the company is providing support to all stores during the COVID-19 crisis.

During 2018 Dunkin’ introduced egg sandwiches for breakfast adding to demand by the food service sector.