Dunkin' Donuts and Baskin-Robbins, both parts of the Dunkin' Brands Group, Inc. (DNKN) unveiled new items and brought in new options for its customers. Dunkin' Donuts has come up with a breakfast item while Baskin-Robbins introduced a new dessert.
Baskin-Robbins’ new dessert Bananas Foster Ice Cream is a transformation of the traditional New Orleans dessert and comes with brown sugar rum-flavored ribbon and praline pecans. The ice-cream is available in a cup or cone as well as packed pints and quarts. Also, Bananas Foster scoops are available over a banana boat with slices of banana and topped with Caramel Praline Marshmallow and whipped light cream, cherries and chopped almonds and are known as Big Easy Banana Split. Other banana flavored desserts offered by the company include Banana Parfait and Caramel Banana 31 Below and fruit smoothies like Strawberry Banana, Tropical Banana and Mango Banana flavors.
Meanwhile, Dunkin' Donuts has unveiled the Eggs Benedict Breakfast Sandwich comprising of an egg, Black Forest ham and creamy Hollandaise flavored spread on an oven-toasted English Muffin. This limited period offer will be available for guests throughout the day.
The restaurateur is strengthening its product portfolio with significant innovation in coffee, and refreshment, and enhancing its core food offerings. In order to improve brand recognition and cater to changing consumer demand, other restaurateurs like Sonic Corp. (SONC) and Burger King Worldwide, Inc. (BKW) are also upgrading their offerings, in order to offer differentiated value propositions.
Dunkin, a Zacks Rank #2 (Buy) company, posted strong results last month with earnings and revenues beating the Zacks Consensus Estimate. Another stock in the restaurant industry, which looks attractive at current levels is Brinker International, Inc. (EAT) and holds the same rank as Dunkin Brands.
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