Dunkin' Donuts parent posts 23 pct jump in quarterly profit

Thu Feb 6, 2014 6:13am EST

Feb 6 (Reuters) - Dunkin' Brands Group Inc reported a 23 percent rise in quarterly profit, driven by higher growth in sales at its Dunkin' Donuts coffee and sandwich outlets.

The company's net income rose to $42.1 million, or 39 cents per share, in the fourth quarter ended Dec. 28 from $34.3 million, or 32 cents per share, a year earlier.

The company earned 43 cents per share on an adjusted basis.

Total revenue rose 13 percent to $183.2 million.

Dunkin' Brands also raised its quarterly dividend to 23 cents per share from 19 cents per share.

A couple walks along the rough surf during sunset at Oahu's North Shore, December 26, 2013. REUTERS/Kevin Lamarque

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