Dunkin’ to Invest $60 Million in Coffee Equipment

Dunkin_Donuts_Coffee

Dunkin’ will be giving its coffee equipment a $60 million jolt this year.

While reporting the fourth quarter and fiscal year ending December 28, 2019, Dunkin’ Brands Group, Inc. said comparable store sales grew by 2.8 in the fourth quarter, its highest sales growth in 6 years.

Dave Hoffman, Dunkin’s CEO attributed this strong performance to espresso and cold-brew sales, in addition to the introduction of Beyond Meat sausage sandwiches.

Hoffman said equipment investment is part of the brand's growth strategy. “We are investing $60 million in high-volume brewers for our franchisees' restaurants in 2020 as part of our commitment to beverage leadership."

RELATED CONTENT

StarbucksExpandsSoutheast

Starbucks Invests $100M in Southeast Expansion

Starbucks will establish an additional support office in Nashville, Tenn., where it expects to have 2,000 support jobs. Many of the roles will be tied to growth in the south...

Corporate business handshake agreement between executives with contract documents and pen on professional office desk

Chrane Foodservice Solutions Acquires Heartland Reps

The Texas-based rep firm has added MAFSI Region 16 to its footprint.

- Advertisement -

- Advertisement -

- Advertisement -

TRENDING NOW

- Advertisement -

- Advertisement -

- Advertisement -