Company reports increased sales, but lower profit in 2010
Dunkin’ Brands Inc. said it would focus on new products, unit refurbishments and expansion for both its brands this year after recording increased sales but a dip in profit for 2010. For the Dec. 25-ended fiscal year, Dunkin’ Brands’ net income totaled $26.9 million, a 23-percent decrease from profit of $35 million in 2009. The company attributed the profit decline to a $62 million charge from the extinguishment of debt. Revenue rose 6.7 percent to $7.7 billion in 2010, ...
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