Vanilla Morphs From Plain to Premium as Prices Refuse to Go Down
- Dunkin’s commodity inflation task force is still in full swing
- Prices haven’t returned to earth after 2017 Madagascar cyclone
Photographer: Fred Bahurlet/EyeEm/Getty Images
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Ice-cream shops take cover: The vanilla crisis is still going strong.
Dunkin’ Brands Group Inc., which recently launched a task force to get to the bottom of rising input costs, said this week that commodity inflation weighed down its net margin on ice cream in the most recent quarter. Although it didn’t name vanilla specifically on its earning call, its vice president of international supply chain Pete Jensen said sourcing the specialty flavoring remains a key focus.