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Dunkin’ Brands 4Q profit rises 23%Dunkin’ Brands 4Q profit rises 23%

Dunkin’ Donuts, Baskin-Robbins parent caps off a “great year”

Lisa Jennings, Executive Editor

February 6, 2014

3 Min Read
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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)

4Q REVENUE

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%

Source: Company report



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%

Source: Company report

RELATED:
Dunkin’ Brands signs sponsorship with English soccer club
Dunkin' Brands International president to step down
Same-store sales at NRN.com

Contact Lisa Jennings at [email protected].
Follow her on Twitter: @livetodineout

About the Author

Lisa Jennings

Executive Editor, Nation's Restaurant News and Restaurant Hospitality

Lisa Jennings is executive editor of Nation’s Restaurant News and Restaurant Hospitality. She joined the NRN staff as West Coast editor in 2004 as a veteran journalist. Before joining NRN, she spent 11 years at The Commercial Appeal, the daily newspaper in Memphis, Tenn., most recently as editor of the Food and Health & Wellness sections. Prior experience includes staff reporting for the Washington Business Journal and United Press International.

Lisa’s areas of expertise include coverage of both large public restaurant chains and small independents, the regulatory and legal landscapes impacting the industry overall, as well as helping operators find solutions to run their business better.

Lisa Jennings’ experience:

Executive editor, NRN (March 2020 to present)

Executive editor, Restaurant Hospitality (January 2018 to present)

Senior editor, NRN (September 2004 to March 2020)

Reporter/editor, The Commercial Appeal (1990-2001)

Reporter, Washington Business Journal (1985-1987)

Contact Lisa Jennings at:

[email protected]

@livetodineout

https://www.linkedin.com/in/lisa-jennings-83202510/

 

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