{"id":2434029,"date":"2022-05-09T10:34:29","date_gmt":"2022-05-09T14:34:29","guid":{"rendered":"https:\/\/www.valuewalk.com\/?p=2434029"},"modified":"2022-05-09T10:34:29","modified_gmt":"2022-05-09T14:34:29","slug":"ceo-of-berkshires-dairy-queen-eyes-china-for-growth","status":"publish","type":"post","link":"https:\/\/www.valuewalk.com\/ceo-of-berkshires-dairy-queen-eyes-china-for-growth\/","title":{"rendered":"CEO Of Berkshire&#8217;s Dairy Queen Eyes China For Growth"},"content":{"rendered":"<p>Dairy Queen is looking to <a href=\"https:\/\/www.valuewalk.com\/the-future-of-twitter-might-be-dark-could-china-put-musk-against-the-wall\/\">China<\/a> and perhaps India to fuel growth, while counting on a revamped burger menu to bring in more American and Canadian customers. Dairy Queen has more than 7,000 locations in 20 countries.<\/p>\n<h2>Dairy Queen Eyes China For Growth<\/h2>\n<p>Troy Bader, chief executive of International Dairy Queen Inc since 2018, expects international markets to be the fastest-growing for the 82-year-old restaurant chain, which Warren Buffett&#8217;s <a href=\"https:\/\/www.valuewalk.com\/berkshire-hathaway-subsidiaries\/\">Berkshire Hathaway<\/a> Inc. (NYSE:BRK.A) (NYSE:BRK.B) bought in 1998.<\/p>\n\n\t<!-- Begin Mailigen Signup Form -->\n\t<script type=\"text\/javascript\">\n\t\tif (typeof jQuery == 'undefined') {\n\t\t\tdocument.write('<scr' + 'ipt type=\"text\/javascript\" src=\"https:\/\/list.mailigen.com\/js\/jquery.js\"><\/scr' + 'ipt>');\n\t\t}\n\t<\/script>\n\t<script language=\"javascript\" type=\"text\/javascript\" src=\"https:\/\/list.mailigen.com\/js\/scripts.js\"><\/script>\n\t<script language=\"javascript\" type=\"text\/javascript\" src=\"https:\/\/list.mailigen.com\/js\/subscribe2.js\"><\/script>\n\t<div id=\"MG-placeholder\">\n\t<style>.first{clear:both;margin-left:0}.one-third{width:31.034482758621%;float:left;margin-left:3.448275862069%}.two-thirds{width:65.51724137931%;float:left}form.ebook-styles .af-element input{border:0;border-radius:0;padding:8px}form.ebook-styles .af-element{width:220px;float:left}form.ebook-styles .af-element.buttonContainer{width:115px;float:left;margin-left: 6px;}form.ebook-styles .af-element.buttonContainer input.submit{width:115px;padding:10px 6px 8px;text-transform:uppercase;border-radius:0;border:0;font-size:15px}form.ebook-styles .af-body.af-standards input.submit{width:115px}form.ebook-styles .af-element.privacyPolicy{width:100%;font-size:12px;margin:10px auto 0}form.ebook-styles .af-element.privacyPolicy p{font-size:11px;margin-bottom:0}form.ebook-styles .af-body input.text{height:40px;padding:2px 10px !important}\n\n\tform.ebook-styles .error,\n\tform.ebook-styles #error {\n\t\tcolor:#d00;\n\t}\n\tform.ebook-styles .formfields h1,\n\tform.ebook-styles .formfields #mg-logo,\n\tform.ebook-styles .formfields #mg-footer {\n\t\tdisplay: none;\n\t}\n\tform.ebook-styles .formfields {\n\t\tfont-size: 12px;\n\t}\n\tform.ebook-styles .formfields p {\n\t\tmargin: 4px 0;\n\t}\n\t<\/style>\n<div style=\"background:#eee;display:block;overflow:hidden;margin-bottom:24px;padding:40px;\">\n<div class=\"two-thirds first\">\n<p style=\"font-size:22px;margin:0 0 10px;\">Get The Full Warren Buffett Series in PDF<\/p>\n\t<p style=\"line-height:1.4;margin-bottom:0;\">Get the entire 10-part series on Warren Buffett in PDF. Save it to your desktop, read it on your tablet, or email to your colleagues<\/p>\n\t<form action=\"https:\/\/valuewalk.us4.list-manage.com\/subscribe\/post?u=c3eb7a1d092fc854772c834e0&amp;id=f6f5bdb8b5\" method=\"post\" id=\"mc-embedded-subscribe-form\" name=\"mc-embedded-subscribe-form\" class=\"validate\" target=\"_blank\" novalidate>\n <div id=\"mc_embed_signup_scroll\">\n \n\t\t\t\t<div class=\"af-element mc-field-group \">\n\t\t\t\t\t<div class=\"af-textWrap c1\"><input type=\"email\" value=\"\" placeholder='Email Address' name=\"EMAIL\" class=\"required af-element email\" id=\"mce-EMAIL\"><\/div>\n\t\t\t\t\t<div class=\"af-clear\"><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"af-element buttonContainer\">\n\t\t\t\t\t<input type=\"submit\" value=\"Subscribe\" name=\"subscribe\" id=\"mc-embedded-subscribe\" class=\"button\">\n\t\t\t\t<\/div>\n \n \n\t<div id=\"mce-responses\" class=\"clear\">\n\t\t<div class=\"response\" id=\"mce-error-response\" style=\"display:none\"><\/div>\n\t\t<div class=\"response\" id=\"mce-success-response\" style=\"display:none\"><\/div>\n\t<\/div>    <!-- real people should not fill this in and expect good things - do not remove this or risk form bot signups-->\n    <div style=\"position: absolute; left: -5000px;\" aria-hidden=\"true\"><input type=\"text\" name=\"b_c3eb7a1d092fc854772c834e0_f6f5bdb8b5\" tabindex=\"-1\" value=\"\"><\/div>\n    \n    <\/div>\n\t<\/form>\n\t<script type='text\/javascript' src='\/\/s3.amazonaws.com\/downloads.mailchimp.com\/js\/mc-validate.js'><\/script><script type='text\/javascript'>(function($) {window.fnames = new Array(); window.ftypes = new Array();fnames[0]='EMAIL';ftypes[0]='email';}(jQuery));var $mcj = jQuery.noConflict(true);<\/script>\n<\/div>\n<div class=\"one-third\">\n<img decoding=\"async\" src=\"https:\/\/www.valuewalk.com\/wp-content\/uploads\/2017\/06\/Warren-Buffet-Charlie-Munger-ValueWalk-compound-interest.jpg\" alt=\"Warren Buffett eBook\" style=\"width:100%; height:auto\">\n<\/div><\/div><\/div><!-- End Mailigen Signup Form -->\n<p style=\"text-align: center;\"><a href=\"https:\/\/valuewalkpremium.com\/q1-2022-hedge-fund-letters\/\" target=\"_blank\"><em><strong>Q1 2022 hedge fund letters, conferences and more<\/strong><\/em><\/a><\/p>\n<div class=\"ca-widget\" data-token=\"db374bac7cf4\"><\/div>\n<p><script async defer src=\"https:\/\/secure.money.com\/embeds\/embedder.js?v=1\"><\/script><\/p>\n<p>China is Dairy Queen's third-largest market by sales and second-largest by store count, with more than 1,100 locations. The Bloomington, Minnesota-based company is teaming with private equity firm FountainVest Partners to add 600 more by 2030.<\/p>\n<p>Dairy Queen sales topped USD 5.5 billion in 2021, with sales at stores open at least one year up 18% from 2019. Bader said franchisees struggled in the early weeks of the pandemic until customers decided it was safe to order, including in drive-throughs, and began visiting and ordering more. Like many companies, Dairy Queen is experiencing supply chain issues, including lockdowns in <a href=\"https:\/\/www.valuewalk.com\/crude-oil-is-holding-its-breath-as-china-fears-covid-again\/\">China<\/a> and shortages of warehouse workers and drivers in North America. Vehicles are also in short supply, as distributors struggle to replace equipment that broke down in the last two years.<\/p>\n<p><strong><em>Article by Fuller Wang, <a href=\"https:\/\/www.equalocean.com\/news\/2022050317471\" rel=\"nofollow\" target=\"_blank\">EqualOcean<\/a>, an investment research firm focusing on China.<\/em><\/strong><\/p>\n ","protected":false},"excerpt":{"rendered":"<p>Dairy Queen is looking to China and perhaps India to fuel growth, while counting on a revamped burger menu to &#8230; <a title=\"CEO Of Berkshire&#8217;s Dairy Queen Eyes China For Growth\" class=\"read-more\" href=\"https:\/\/www.valuewalk.com\/ceo-of-berkshires-dairy-queen-eyes-china-for-growth\/\" aria-label=\"More on CEO Of Berkshire&#8217;s Dairy Queen Eyes China For Growth\">Read more<\/a><\/p>\n","protected":false},"author":21819,"featured_media":2427057,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"no","_lmt_disable":"no","_mi_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[6640],"tags":[659335,647671,647672],"states":[],"acf":[],"modified_by":"Umair Tariq","_links":{"self":[{"href":"https:\/\/www.valuewalk.com\/wp-json\/wp\/v2\/posts\/2434029"}],"collection":[{"href":"https:\/\/www.valuewalk.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.valuewalk.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.valuewalk.com\/wp-json\/wp\/v2\/users\/21819"}],"replies":[{"embeddable":true,"href":"https:\/\/www.valuewalk.com\/wp-json\/wp\/v2\/comments?post=2434029"}],"version-history":[{"count":0,"href":"https:\/\/www.valuewalk.com\/wp-json\/wp\/v2\/posts\/2434029\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.valuewalk.com\/wp-json\/wp\/v2\/media\/2427057"}],"wp:attachment":[{"href":"https:\/\/www.valuewalk.com\/wp-json\/wp\/v2\/media?parent=2434029"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.valuewalk.com\/wp-json\/wp\/v2\/categories?post=2434029"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.valuewalk.com\/wp-json\/wp\/v2\/tags?post=2434029"},{"taxonomy":"states","embeddable":true,"href":"https:\/\/www.valuewalk.com\/wp-json\/wp\/v2\/states?post=2434029"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}