Dunkin’ to Invest $60 Million in Coffee Equipment

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."

- Advertisement -

- Advertisement -

- Advertisement -

TRENDING NOW

RELATED CONTENT

Sweetgreen to Layoff 20% of Corporate Staff

Company CEO says restructuring plan includes an emphasis on digital and streamlined menu.

Read More...

Inspire Willing to Pay Big Dough for Dunkin’

The staggering offer represents a reported 20 percent premium on its most recent share price.

Read More...

Franchise Survey Shows Pandemic Kicked Off-Premise Channels Into High Gear

New survey indicates that 72% of respondents put a higher priority on delivery and mobile this year.

Read More...