Dunkin’ Brands Sales Get Lift From Beverages
Company’s profit climbed 61% in the latest quarter, beating analysts’ expectations
Dunkin’ Brands Group Inc. said sales of iced coffee, frozen beverages and breakfast sandwiches boosted domestic comparable-store sales in the third quarter despite fewer people visiting its restaurants.
The company said Thursday that both Dunkin’ Donuts and Baskin-Robbins stores in the U.S. saw less traffic in the latest period but average ticket prices rose. Comparable sales at Dunkin’ Donuts locations in the U.S. rose 1.3% in the quarter. Internationally, comparable sales at Dunkin’ Donuts stores rose 2.9%.
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