Dunkin' Donuts Rises on Piping Hot Fourth-Quarter Results

The owner of the Dunkin Donuts and Baskin-Robbins chains reports better-than-expected Q4 results.
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Dunkin Brands, the parent of Dunkin Donuts and Baskin-Robbins, reported better-than-expected fourth-quarter results. Dunkin reported a 23% rise in quarterly profit as sales at U.S. stores open at least a year rose 3.5%. Dunkin beat Wall Street expectations for both profit and revenue, earning $0.43 cents a share on revenue of $183.2 million. Analysts had expected profit of $0.40 cents a share on revenue of $178.4 million, according to Thomson Reuters. The company said results were helped by strong sales of iced coffee and breakfast sandwiches.

Brittany joined TheStreet.com TV in November 2006 after completing a degree in Journalism and Media Studies at Rutgers College. Previously, Brittany interned at the local ABC affiliate in New York City WABC-TV 7 where she helped research and produce On Your Side, a popular consumer advocacy segment.