UPDATE: Dunkin' Brands Posts Rise In Q4 Profit
Dunkin' Brands Group (NASDAQ: DNKN) reported a 23% gain in its fourth-quarter profit.
Dunkin' Brands' quarterly net income surged to $42.1 million, or $0.39 per share, versus $34.3 million, or $0.32 per share, in the year-ago period. On an adjusted basis, it earned $0.43 per share.
Its total revenue climbed 13% to $183.2 million. The company also lifted its quarterly dividend to $0.23 per share versus $0.19 per share.
Dunkin' Brands shares closed at $47.30 yesterday.
© 2014 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.