Dunkin’ Donuts reports ‘strong’ fourth quarter
Dunkin’ Brands Group Inc., the Canton-based corporate parent of Dunkin’ Donuts and Baskin-Robbins, said that same-store fourth-quarter sales at US Dunkin’ Donuts locations rose 3.5 percent on a year-to-year comparison basis.
As for system-wide sales — total franchisee sales for both Dunkin’ Donuts and Baskin-Robbins — they were $2.36 billion, up 6.5 percent from the same quarter a year ago, Dunkin’ Brands said in a press release.
Fourth-quarter net income, meanwhile, was $42.1 million, up 22.5 percent from a year ago.
Dunkin’ Donuts is a coffee-and-baked-goods chain. Baskin-Robbins is known for its ice cream.
In a statement, Dunkin’ Brands chairman and chief executive Nigel Travis said: “Our fourth quarter was strong, capping off a great year in which we set records and achieved major milestones for both Dunkin’ Donuts and Baskin-Robbins. The Dunkin’ Donuts US annual net development growth rate exceeded five percent, and Baskin-Robbins had positive net development for the first time since 2006. Dunkin’ Donuts US had 3.4 percent comparable store sales growth in 2013, demonstrating the brand’s continued relevance and resiliency in a challenging year for the QSR (quick service restaurant) industry in general, and Baskin-Robbins US had 0.8 percent comparable store sales growth, marking the third straight year of sales growth for the brand.’’
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