THE HEDGEYE BREAKFAST MONITOR
While coffee prices gained over the same timeframe, world coffee exports rose 9.4% in 2010-2011, according to the International Coffee Organization. This is a bullish signal for demand.
DNKN: Dunkin’ Brands posted Q3 EPS of $0.28 ex-items vs Reuters $0.25. The company got to the $0.28 number when adjusting for a $14.7m sponsor termination fee and $7m amortization of other intangible assets charge. Dunkin’ Donuts US comparable store sales growth was +6.0% versus SA Consensus of +3.3%. The company also announced a secondary offering of 22 million shares.
THI: The National Hockey League today announced a deal with Tim Hortons that gives the quick-service chain title sponsorship of the 2012 NHL All-Star Game in January -- a move that will likely ease the path for other leagues who are exploring presenting or title sponsorship deals for their marquee events.
BWLD: Buffalo Wild Wings announced the opening of its 800th restaurant nationwide with the simultaneous opening of restaurants in Florida, Tennessee, Washington and California.