Dunkin’ Donuts, Baskin-Robbins parent caps off a “great year”
Dunkin’ Brands Group Inc. reported Wednesday a 23-percent increase in fourth-quarter net income, capping off what the company called a “great year” of setting records and reaching milestones for both brands. Higher traffic and average tickets contributed to a 3.5-percent same-store sales increase at U.S. Dunkin’ Donuts units.
During the quarter ended Dec. 28, the Canton, Mass.-based company added 309 net new restaurants, including 149 Dunkin’ Donuts locations in the United States. Frozen-treat chain Baskin-Robbins also showed net domestic unit growth in 2013 for the first time since 2006.
Dunkin’ Brands ended fiscal 2013 with about 18,300 restaurants, nearly all franchised, including 11,000 Dunkin’ Donuts locations and 7,300 Baskin-Robbins units worldwide.
4Q NET INCOME
Result: $42.1 million, or 39 cents per share
% Increase: 23% (from $34.3 million, or 32 cents per share)
Result: $183.2 million
% Increase: 13% (from $161.7 million)
4Q SAME-STORE SALES
% Increase at Dunkin' Donuts U.S.: 3.5%
% Increase at Baskin-Robbins U.S.: 2.2%
% Decrease at Dunkin' Donuts International: 0.3%
% Increase at Baskin-Robbins International: 1.6%
FULL YEAR NET INCOME
Result: $146.9 million, or $1.36 per share
% Increase: 36% (from $108.3 million, or 93 cents per share)
FULL YEAR REVENUE
Result: $713.8 million
% Increase: 8% (from $658.2 million)
FULL YEAR SAME-STORE SALES
% Increase at Dunkin' Donuts U.S.: 3.4%
% Increase at Baskin-Robbins U.S.: 0.8%
% Decrease at Dunkin' Donuts International: 0.4%
% Increase at Baskin-Robbins International: 1.9%
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