Is America still running on Dunkin'? Dunkin' Brands Group, Inc. reported earnings on Thursday. While it beat the bottom line, the coffee seller's revenue were in line with estimates, according to analysts at Zacks, the investment research firm.
While the sister chain Baskin-Robbins has been performing well in the past few quarters, Zacks considers that comparable same-store sales declined at the doughnut seller due to increased competition in the breakfast sector.
"Comps are very important to us," Nigel Travis, Dunkin' Brands CEO, told CNBC's "Closing Bell." "It was principally by the fact that we were on a long-term decline in K-cups sales."