Dunkin' profit doubles in 2Q

Dunkin' profit doubles in 2Q

Company also signs deal to open Dunkin’ Donuts units in California

Canton, Mass.-based Dunkin’ Brands Group Inc. reported a 120.6-percent increase in net income during its June 29-ended second quarter. The growth was driven in part by increases in cool drink and specialty coffee sales, as well as a strong sales for early-daypart sandwiches, said chairman and chief executive Nigel Travis. During the quarter, Dunkin' Donuts also signed its first three franchisees in Southern California.
 

NET INCOME

Result: $40.8 million, or 38 cents per share
% Increase: 120.6% (from $18.5 million, or 15 cents per share)

REVENUE

Result: $182.5 million
% Increase: 5.9% (from $172.4 million)

SAME-STORE SALES

% Increase: 4% at U.S. Dunkin’ Donuts units, 1.6% at U.S. Baskin-Robbins units
(International: 1.7% decrease at Dunkin’ Donuts, 2.6% increase at Baskin-Robbins)


Source: Company report



RELATED:
Weather dampens Dunkin' Brands' 1Q results
Dunkin’ Brands tripled income in 4Q
• Same-store sales at NRN.com

Contact Erin Dostal at [email protected].
Follow her on Twitter: @erindostal

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