Dunkin’, Starbucks, Chipotle And Other Restaurant Chains Have Seen Business Shift To Different Times Of Day Due To Coronavirus

From: marketwatch.com

Dunkin’ Brands Group Inc.’s quarterly results suffered as customers brewed their own morning coffee at home while locked down due to the COVID-19 pandemic.

The coffee-and-donut seller joins a number of other restaurant chains that have seen a shift or decline in their business as customers stay home and prepare their own meals.

Dunkin’ US:DNKN reported earnings and revenue that exceeded expectations, but same-store sales in the U.S. took a beating. The company saw a 35% decline at the end of March and heading into April. For the week ending April 25, the same-store sales drop was about 25%.

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