* Forecasts 2014 earnings of $1.79-$1.83/share vs est. $1.80
* Says 2014 sales expected to grow by 6-8 pct
* Fourth-quarter adjusted earnings $0.43/share vs est. $0.40
* Raises quarterly dividend to $0.23/share from $0.19
Feb 6 Dunkin' Brands Group Inc, the
parent of the Dunkin' Donuts and Baskin-Robbins chains, reported
better-than-expected quarterly results as store traffic and
customer spending rose in its U.S. outlets.
Sales at established Dunkin' Donuts outlets in the United
States rose 3.5 percent in the fourth quarter ended Dec. 28,
helped by strong sales of iced coffee and breakfast sandwiches.
Dunkin' Donuts outlets in the country account for about 75
percent of the company's total sales.
The company forecast adjusted earnings of $1.79-$1.83 per
share for 2014 and said it expected sales to grow by 6-8
percent, which translates to $756.7 million-$770.9 million.
Analysts on average were expecting a profit of $1.80 per
share on revenue of $759.5 million, according to Thomson Reuters
McDonald's Corp, Dunkin' Donuts' top rival in the
United States, recently said sales at U.S. restaurants open at
least 13 months fell 1.4 percent in the fourth quarter.
Net income of Dunkin' Brands rose to $42.1 million, or 39
cents per share, in the fourth quarter 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.
Analysts on average had expected a profit of 40 cents per
share on revenue of $178.4 million.
Dunkin' Brands also raised its quarterly dividend to 23
cents per share from 19 cents per share.
The company's shares closed at $47.30 on the Nasdaq on