Dunkin' Donuts Signs Agreement with GADI for Seven Restaurants in Kentucky
Nov 13 14
Dunkin' Donuts has signed a multi-unit store development agreement with existing franchisees, GADI, LLC, to develop seven restaurants in Louisville, Kentucky. The group's first two restaurants are planned to open in 2016. Led by Manish Patel and his partners Shashin Patel, Nilam Patel, and Tarak Patel, this franchise group currently operates Dunkin' Donuts restaurants in Upstate New York and will manage and oversee the daily operations for each new restaurant in Louisville. Currently, there are more than 15 Dunkin' Donuts restaurants located throughout Kentucky, and the company is continuing to recruit franchisees in the cities of Lexington and Pikesville. To help fuel growth in Kentucky, 0special development incentives are available, which include reduced royalty fees for three years and up to $10,000 in local store marketing for stores that open on time. In an effort to keep the brand fresh and competitive, Dunkin' Donuts offers flexible concepts for any real estate format including free-standing restaurants, end caps, in-line sites, gas and convenience, travel plazas, universities, as well as other retail environments.
Dunkin' Brands Group, Inc. Presents at Morgan Stanley Global Consumer Conference 2014, Nov-19-2014 01:15 PM
Nov 5 14
Dunkin' Brands Group, Inc. Presents at Morgan Stanley Global Consumer Conference 2014, Nov-19-2014 01:15 PM. Venue: Crown Plaza Times Square, New York, New York, United States.
Dunkin' Brands Group Announces 2014 Fourth Quarter Dividend Payable on December 3, 2014
Oct 23 14
Dunkin' Brands Group, Inc. announced that the Board of Directors declared a fourth quarter 2014 cash dividend of $0.23 per share, payable on December 3, 2014 to shareholders of record as of the close of business on November 24, 2014.
Dunkin' Brands Group, Inc. Announces Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 27, 2014; Reaffirms Earnings Guidance for the Full Year of 2014; Reports Impairment Charges for the Third Quarter Ended September 27, 2014
Oct 23 14
Dunkin' Brands Group, Inc. announced unaudited consolidated earnings results for the third quarter and nine months ended September 27, 2014. For the quarter, the company reported total revenues of $192,640,000 against $186,317,000 a year ago. Operating income was $92,480,000 against $82,237,000 a year ago. Income before income taxes was $75,279,000 against $62,549,000 a year ago. Net income attributable to Dunkin' Brands was $54,697,000 or $0.52 per diluted share against $40,221,000 or $0.37 per diluted share a year ago. Adjusted operating income was $99,446,000 against $89,333,000 a year ago. Adjusted net income was $52,160,000 or $0.49 per diluted share against $44,479,000 or $0.41 per diluted share a year ago. Free cash flow was $59.3 million.
For the nine months, the company reported total revenues of $555,496,000 against $530,663,000 a year ago. Operating income was $249,134,000 against $222,501,000 a year ago. Income before income taxes was $183,486,000 against $156,079,000 a year ago. Net income attributable to Dunkin' Brands was $123,844,000 or $1.16 per diluted share against $104,831,000 or $0.97 per diluted share a year ago. Net cash provided by operating activities was $115,851,000 against $65,315,000 a year ago. Additions to property and equipment were $18,324,000 against $20,930,000 a year ago. Adjusted operating income was $269,235,000 against $251,187,000 a year ago. Adjusted net income was $137,943,000 or $1.29 per diluted share against $119,505,000 or $1.10 per diluted share a year ago.
The company maintains its full year adjusted EPS guidance of $1.73 to $1.77.
For the third quarter ended September 27, 2014, the company reported long-lived asset impairment charges of $633,000 against $92,000 a year ago.
Dunkin' Brands Group, Inc. to Report Q3, 2014 Results on Oct 23, 2014
Oct 9 14
Dunkin' Brands Group, Inc. announced that they will report Q3, 2014 results at 8:00 AM, US Eastern Standard Time on Oct 23, 2014