May 4, 2017 / 10:10 AM / 3 months ago

Dunkin' Donuts owner's profit rises 28 pct

1 Min Read

May 4 (Reuters) - Dunkin' Brands Group Inc reported a 28 percent rise in quarterly profit on Thursday, as customers spent more on cold coffee and breakfast sandwiches at its U.S. Dunkin' Donuts stores.

The company, which also owns the Baskin-Robbins brand, said net income rose to $47.5 million, or 51 cents per share, in the first quarter ended April 1, from $37.2 million, or 40 cents per share, a year earlier.

Revenue increased slightly to $190.7 million. (Reporting by Sruthi Ramakrishnan in Bengaluru; Editing by Sai Sachin Ravikumar)

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