Winter storms took a toll on the Northeast-based Dunkin’ Donuts chain, but parent Dunkin’ Brands Group Inc. pledged on Thursday that the company would reach targets for the full year. The Canton, Mass.-based Dunkin’ Brands reported a 3.5-percent decrease in net income for the March 29-ended quarter.
Franchisees opened 69 new Dunkin’ Donuts locations in the U.S. The company ended 2013 with 11,000 Dunkin’ Donuts and 7,300 Baskin-Robbins locations.
NET INCOME
Result: $23 million, or 21 cents per share% Decrease: 3.5% (from $23.8 million, or 22 cents per share a year ago)
REVENUE
Result: $171.9 million% Increase: 6% (from $161.9 million)
SAME-STORE SALES
% Increase at Dunkin' Donuts U.S. units: 1.2%
% Decrease at Dunkin' Donuts international units: 2.4%
% Increase at Baskin-Robbins U.S. units: 0.5%
% Increase at Baskin-Robbins international units: 1.4%
Source: Company report
RELATED:
• Dunkin’ Brands 4Q profit rises 23%
• Dunkin’ Brands signs sponsorship with English soccer club
• Same-store sales at NRN.com
Contact Lisa Jennings at [email protected].
Follow her on Twitter: @livetodineout
