CANTON (Yosefardi) – Dunkin’ Brands Group, Inc., the parent company of Dunkin’ Donuts (DD) and Baskin-Robbins (BR), booked revenue of US$183 million in the fourth quarter ended December 28, 2013, grew by 13.3% from US$161.7 million in the same period of 2012. Net income rose 22.5% to US$42.1 million from previous US$34.3 million.
Internationally the company added 415 net new restaurants for both brands, and importantly, it made significant progress with its development goals to focus on higher profit-opportunity markets and globalizing our U.S. disciplines.
Meanwhiule Dunkin’ Donuts International fourth quarter systemwide sales increased 2.7% from the prior year period, driven by sales growth in Indonesia, Germany, and the Middle East. On a constant currency basis, systemwide sales increased by approximately 3%.
Dunkin’ Donuts International fourth quarter revenues of $5.6 million represented an increase of 39.8% year-over-year, primarily a result of an increase in franchise fees due to income recognized in connection with the termination of development agreements in Asia and franchise fees for openings in new international markets, as well as increased royalty income.