Coffee review

Dunkin 'Donuts competes with Starbucks for bottled coffee

Published: 2024-11-08 Author: World Gafei
Last Updated: 2024/11/08, Dunkin Brands, the parent company of Dunkin Dole, reported a 1.3% decline in Q3 revenue to $207 million as of September 24. However, net profit rose 14.2 per cent in the same period, driven by cost cuts such as general administrative expenses. Dunkin Brands may want to move faster than its old rival Starbucks. As of 2015, Starbucks had 23,000 stores worldwide.

Dunkin Brands, the parent company of Dunne Dole, reported that Q3 revenue fell 1.3 per cent to $207 million in the quarter ended Sept. 24. However, due to cost cuts such as general administrative expenses, net profit increased by 14.2% over the same period.

Dunkin Brands may want to move faster than its old rival Starbucks. As of 2015, Starbucks had 23000 stores worldwide, while Dunkin Brands had 19000. But Starbucks has big ambitions, too. Just this month, it announced plans to expand in Southeast Asia and China.

In addition to accelerating expansion, Dunkin Brands also said it would make more efforts on customer service and higher profit margins to capture the market. Earlier this month, it announced that it had launched a customer loyalty program, DDPerks, in partnership with enterprise service platform Salesforce, to provide customers with a rich personalized content push experience; in late September, it also announced that it would enter the bottled coffee market with Coca-Cola against Star Frappuccino, which currently accounts for 75% of the US bottled coffee market. Beijing Business Daily Comprehensive report Origin: Kenya

Shelf life: 1 year (because it is fresh coffee, so the shelf life is short)

Storage method: put it in a cool and dry place and separate it from other articles

Brewing method: you can add appropriate amount of sugar and milk according to your taste.

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