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Dunkin Brands Announces 2015 Guidance, Expectations; Shares Plummet

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Dunkin Brands Group Inc (NASDAQ: DNKN) on Thursday announced fiscal guidance and expectations for the coming year.

Here are the highlights:

  • Dunkin' Donuts U.S. comparable store-sales to grow 1 to 3 percent.
  • Baskin-Robbins U.S. comparable store sales to also grow 1 to 3 percent.
  • Dunkin' Donuts will add 410 to 440 net new restaurants domestically, while Baskin-Robbins will add between five and 10 net new restaurants
  • Dunkin' Donuts and Baskin-Robbins will open 200 to 300 new restaurants internationally across the two brands.
  • Adjusted earnings per share to be $1.88 to $1.91.
  • Free cash flow growth of greater than 15 percent.

The company announced it will report fourth quarter and full year fiscal 2014 results on Thursday, February 5, 2015.

Shares of Dunkin Brands were down more than 5 percent at $43.77 in the premarket.

 

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Posted-In: Baskin-Robbins Dunkin' DonutsNews Guidance