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Wednesday, July 27, 2011

Dunkin Doughnuts Increase of 47% On Second Day Of Trading

Dunkin Doughnuts has been a known name for a while now and it isn't till just recently they went public with a IPO with took even the company by storm selling they initial stock $3 dollars above what they were in range for.

The first day of trading left everyone happy selling more than $22 million in shares to come to a second day of trading and increase that a whopping 47 percent is remarkable and great for a company who has some debt that they need to pay down and adjust probably with cost cuts and restructuring.

Nigel Travis has to be one happy CEO considering the success of the company in the recent year seen a revenue of $577 million and a increase of 7 percent from a year before.I would like for them to out beat Starbucks cause there product is getting to vanilla for me its same product and same fake customer service that's in every other store you go into, but for that to happen there going to have to expand through out the united states and go penetrate other countries as well.

That's all for now hope you liked reading my post.

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