I love Dunkin Donuts, but this hosehead made $10 million in 2014 and he’s complaining that the company may have to give some DD workers an almost liveable wage.
In the company’s 2014 annual report to stockholders, CEO Nigel Travis said that since going public in 2011, DD had returned $860 million to its shareholders.
In its latest report filed with the Securities Exchange Commission, DD says it generated $149 million in revenue in the 2015 second quarter alone.
DD has 11,306 franchises worldwide and has started building new ones in California this year. Its stock sells at $53.82 a share.
Travis says increasing the minimum wage from $8.75 to $15 per hour in New York, will kill the company’s small franchise owners. He also says fast food companies are being picked on.
Quick, hand me a hanky. I’m getting all weepy.
Nigel Travis — he’s the Slickster Hoser of the Day