| Oct 25 | food
Doorway of a co-branded Dunkin' & Baskin Robbins shop in NY. photo/ps
CANTON, Mass.—Dunkin' Brands Group, Inc. (Nasdaq:DNKN), parent company of franchise chains Dunkin' Donuts and Baskin-Robbins, reported yesterday that same-store sales growth for its third quarter ending September 28 of 4.2 percent for U.S. Dunkin' stores and 3.2 percent for Baskin stores.
On Thursday, Dunkin' Brands CEO Nigel Travis emphasized with analysts in an earnings call, "Dunkin' Donuts U.S. had yet another strong quarter, delivering a 4.2% comp store sales increase in Q3. It marked the 14th consecutive quarter of same-store sales growth and was well above the QSR average." He continued, "With 222 net new openings year-to-date, we now have 7,500 Dunkin'...