Dunkin Earnings Up Last Quarter

Dunkin’ Brands Inc., the corporate parent of Dunkin’ Donuts and Baskin-Robbins, said Thursday that second-quarter revenue rose 9.8% to $172.4 million. Net income for the quarter was $18.5 million, up from $17.2 million a year ago, the Canton-based company said in a press release. In a statement, Dunkin’ Brands chief executive Nigel Travis said with the one-year anniversary of DD as a publicly-traded company, "We believe our strong performance to date clearly demonstrates the platform for growth that we laid out at the time of our IPO." He said the focus on store-level economics, best-in-class product and marketing innovation, and operational execution drove comparable store sales increases across all business segments. 

Read the whole story at Boston Globe » Recommend (1)