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We were able to quickly expand our menu with easy to execute handheld snacking items such as Bagel Minis that complement premium beverages like our Signature Lattes.
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Demonstrating the nimbleness and slickness of Dunkin's current operations. There is economics that will drive the timing of that.
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Our urban markets, like Manhattan and Boston, are both still challenged, as offices and businesses remain closed.
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How should we think about the cost today, just any more color there? And look, we think our core offer is beverages, right?
And I want to publicly thank them for their tireless efforts as we stand shoulder to shoulder in this crisis.
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So while our franchisees are opening fewer units this year due to COVID, the ones they are opening are generating higher sales per restaurant.
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There is tremendous runway ahead of us when it comes to growing our digital platform.
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Now, as for our digital initiatives, this is another area where we made smart investments last year and where we are beginning to see some positive green shoots.
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Again, these are low volume sales locations which had been unprofitable for our franchisees and licensees and not representative of our true brand expression.
Dave, can you maybe go back and reconcile your thoughts on unit growth today versus where they were a year ago?
And we were built around attachment
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Let me describe how each of these strategic moves delivered returns during COVID.
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We remain committed to returning our excess cash to our shareholders over time and continue to work with the Board on what the best way to do that is.
More to come on that when we have an announcement in the future.
The Motley Fool recommends Dunkin' Brands Group The Motley.
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