Traders Review TikTok's Newest Drink, The Charli
Dumb Money looks at investing in $DNKN — and the power of Charli — to see if we can get ahead of the curve. "Can a TikTok influencer sell coffee in 2020?" is the new "can Kim Kardashian sell a mobile game in 2014?" That's why Chris, Dave, and Jordan are looking in to Dunkin' Donuts. Charli's coffee collab with Dunkin is somehow sold out around the country — and the buzz is building.
Dunkin' Brands Group, together with its subsidiaries, franchises and licenses quick service restaurants in the United States and internationally.The company operates through five segments: Dunkin' U.S., Dunkin' International, Baskin-Robbins International, Baskin-Robbins U.S., and U.S. Advertising Funds.Its restaurants serve hot and cold coffee, baked goods, and hard serve ice cream. The company franchises its restaurants under the Dunkin' and Baskin-Robbins brands.It also licenses Dunkin' brand products sold in retail outlets, such as retail packaged coffee, Dunkin' K-Cup pods, and ready-to-drink bottled iced coffee; and distributes Baskin-Robbins ice cream products to international markets for sale in Baskin-Robbins restaurants and other retail outlets.As of December 28, 2019, it had 13,137 Dunkin' restaurants and 8,160 Baskin-Robbins restaurants. Dunkin' Brands Group, Inc. is headquartered in Canton, Massachusetts. (From: StockAnalysis.com)