Fueled by a decent, but not spectacular Q3 earnings report on Oct.20, Dunkin’ Brands (NASDAQ: DNKN) rose steadily throughout the month of November.
In Q3, Dunkin’ Donuts stores in the United States saw comparable sales grow by 2% and the company added 115 new restaurants worldwide, including 56 in its home country. That positive news was tempered by the fact that Baskin-Robbins’ U.S. comparable-store sales dropped by 0.9% and overall revenues decreased by 1.3%.