Dunkin’ Brands Group, $31.08, symbol DNKN on Nasdaq (Shares outstanding: 105.6 million; Market cap: $3.3 billion; www.dunkinbrands.com), has two main restaurant concepts: Dunkin’ Donuts (which supplies 75% of its revenue) and Baskin-Robbins ice cream (25%). The Massachusetts-based company has nearly 10,000 Dunkin’ Donuts outlets and 7,000 Baskin-Robbins locations in over 60 countries.
In the three months ended September 30, 2012, Dunkin Brands’ earnings per share before one-time items rose 32.1%, to $0.37 from $0.28 a year earlier. Sales rose 5.0%, to $171.7 million from $163.5 million.
The company’s profits will probably keep moving up. Competition in its main markets is increasing, and it continues to face rising food costs. However, Dunkin’ Brands has been able to pass those increases on to its franchisees. Moreover, it’s expanding and upgrading its distribution networks. That’s improving its efficiency and boosting its profit margins.
In addition, most of the company’s Dunkin’ Donuts outlets are concentrated in New York and New England, so it has lots of room…
Privacy Policy and Terms of Use
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Changes to this Policy
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