— Dunkin’ Brands Group Inc. (NASDAQ: DNKN) reported a 7.4% year-over-year growth in adjusted earnings to $0.73 per share versus $0.69 per share expected.
— Revenue increased by 5.1% to $335.9 million versus $336.17 million expected. This was driven by increases in royalty income and advertising fees and related income as a result of Dunkin’ US systemwide sales growth, as well as an increase in rental income.

— Global systemwide sales increased by 6% driven by global comparable store sales growth and global store development.
— Dunkin’ US comparable store sales increased by 2.8% in the fourth quarter, the highest quarterly comparable sales growth in six years, fueled by espresso and cold brew sales, coupled with the launch of the Beyond Sausage Sandwich.
— Baskin-Robbins’ US comparable-store sales grew by 4.1%. This was driven by an increase in the average ticket and an increase in traffic. The growth was led by the strong performance of cups and cones, beverages, take home, and sundaes.
— In the fourth quarter, Dunkin’ Brands franchisees and licensees opened 146 net new restaurants globally.
— Looking ahead into fiscal 2020, the company expects low-single-digit comparable store sales growth for the Dunkin’ US and low-single-digit comparable store sales growth for Baskin-Robbins US.
— Revenue growth is expected to be in low-to-mid single digit for fiscal 2020. The earnings are predicted to be $2.96-3.05 per share and adjusted earnings are anticipated to be $3.16-3.21 per share. The consensus estimates EPS of $3.29 on revenue growth of 3.4%.
Read: Sysco Q2 earnings review
— For fiscal 2021, the company still sees low-to-mid single-digit percent revenue growth and low-single-digit percent comparable store sales growth for Dunkin’ US.
— Further, the company’s board declared a cash dividend of $0.4025 per share, payable on March 18, 2020, to shareholders of record as of March 9, 2020. This represents a 7.3% increase over the prior quarter’s dividend.
— The board also approved a new program for the repurchase of up to $250 million of the company’s common stock with two years’ authorization.
Most Popular
Micron Technology (MU) Q3 Earnings: Key financials and quarterly highlights
Micron Technology Inc. (NASDAQ: MU) reported third quarter 2022 earnings results today. Revenue increased 16% year-over-year to $8.64 billion. GAAP net income was $2.63 billion, or $2.34 per share, compared
Constellation Brands (STZ): Earnings beat and share structure revamp put brewer in the spotlight
Shares of Constellation Brands Inc. (NYSE: STZ) were down 4% on Thursday despite the company beating expectations on its first quarter 2023 earnings results. The stock has dropped 7% year-to-date.
Infographic: Key highlights from Constellation Brands (STZ) Q1 2023 earnings results
Constellation Brands, Inc. (NYSE: STZ) reported first quarter 2023 earnings results today. Net sales increased 17% year-over-year to $2.3 billion. Net income attributable to CBI was $390 million, or $2.06