Jan 31 Dunkin' Brands Group Inc
reported a higher quarterly profit on Thursday after sales at
established Dunkin' Donuts cafes in the United States came in
above analysts' estimates.
The company also raised its quarterly dividend by 4 cents to
19 cents per share.
Dunkin' Donuts shops in the United States account for almost
75 percent of the company's revenue and more than 80 percent of
its profit. During the fourth quarter, that business reported a
3.2 percent rise in same-store sales, compared with the 2.4
percent rise analysts polled by Consensus Metrix had expected.
The Canton, Massachusetts-based company, which also owns the
Baskin-Robbins ice cream brand, said net income rose to $34.3
million, or 34 cents per share, from $11.6 million, or 30 cents
per share, a year earlier.
Revenue fell 4 percent to $161.7 million.
Shares in Dunkin' closed at $35.78 on the Nasdaq on