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

LTI JasonPrange

Georgia-Based LTI Appoints Regional Sales Director

The new hire, formerly of Vollrath and Compass Group USA, joined the maker of modular and custom serving systems on April 22.

CanadianFlag

Marcone Adds More Next-Day Parts in Canadian Market

Respective makers of cook-and-hold ovens and warewashing equipment are now partnering with the parts distributor.

- Advertisement -

- Advertisement -

- Advertisement -

TRENDING NOW

- Advertisement -

- Advertisement -

- Advertisement -