Frozen assets? Weather issue looms for Dunkin' Donuts in first quarter

April 13, 2015 3:38 PM

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Frozen assets? Weather issue looms for Dunkin' Donuts in first quarter

NEW YORK (Reuters) - Dunkin' Donuts is a favorite of Bostonians and New Yorkers, but its regional popularity may have worked against it in the first quarter, when many of its customers may have been too cold and snowbound to make it to their stores.

The record snowfall that buried the U.S. Northeast this past winter could shave 1 to 1.6 percentage points off first quarter same-store sales of Dunkin Brands Group Inc (DNKN.O), said Nick Setyan, a senior vice president of equity research at Wedbush Securities in Los Angeles.

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