Dunkin Donuts Defies East Coast Weather Challenges, Earnings Beat

Dunkin Donuts (DKN) is riding a sugar high after earnings beat Wall Street estimates. First quarter earnings came in at $185.9 million or $0.40, up on last year's numbers. In store sales were up 2.7 percent and the company raised its outlook for 2015. The coffee and donuts company has also benefited from some successful partnerships including Keurig Green Mountain (GMCR) and JM Smuckers (SJM) Company. CEO Nigel Travis applauded the strong quarter saying: 'We are delighted with the performance of our product and marketing programs given the severe weather that we experienced in many of the markets where our restaurants are located.' Dunkin Donuts stock is up around 19% over the past twelve months.