Why Dunkin’ Brands' Franchise Strategy Is a Strength During COVID-19
The COVID-19 pandemic slammed restaurant profits deep into negative territory when it shut down dine-in facilities across the U.S. in March. But according to Dunkin' Brands' (NASDAQ: DNKN) fiscal first-quarter earnings report, the flexibility provided by its franchise model might have softened the blow.
If this is indeed the case, then Fools investing in consumer-discretionary stocks might look to the coffee, donut, and ice cream chain to recover swiftly when America reopens for business.
Image source: Dunkin' Brands Group
Source Fool.com