A Heard on the Call report on third-quarter earnings and future expectations
Dunkin’ Brands Group Inc., parent company of Dunkin’ Donuts and Baskin-Robbins, reported Tuesday a decline in third-quarter income, driven by expenses surrounding its initial public offering in July, but discussed positive sales trends and aggressive expansion plans. The Canton, Mass.-based company also said Tuesday that certain shareholders would hold a secondary offering of stock, looking to sell 22 million shares in the fourth quarter. Dunkin’ Brands is not selling stock ...
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