Welcome!

News Feed Item

Dunkin' Brands Announces Strong Global Growth In 2013

Company adds 790 net new Dunkin' Donuts and Baskin-Robbins restaurants globally in 2013

CANTON, Mass., Jan. 13, 2014 /PRNewswire/ -- Dunkin' Brands Group, Inc. (Nasdaq: DNKN), the parent company of Dunkin' Donuts and Baskin-Robbins, announced today strong global expansion results in 2013 for both brands. For the full year, the company's franchisees and licensees opened a combined total of 790 net new Dunkin' Donuts restaurants and Baskin-Robbins shops globally, again making Dunkin' Brands one of the fastest-growing franchise companies by unit count in the quick service restaurant (QSR) industry.

(Logo: http://photos.prnewswire.com/prnh/20120516/NE07970LOGO)

The company also announced that in 2014 on a global basis its franchisees and licensees plan to open 685 to 800 net new Dunkin' Donuts and Baskin-Robbins locations. 

"We are delighted with Dunkin' Donuts' accelerated growth across the U.S., which demonstrates ongoing strong demand for our brand, and we remain on track for a five percent net annual development rate for Dunkin' Donuts U.S. We are especially pleased with the solid start to our development plans in California where, to date, we have executed agreements for nearly 100 traditional restaurants. Additional good news is that in 2013 Baskin-Robbins, which has been experiencing strong growth internationally for many years, also had positive net development growth in the U.S., marking a major milestone in the turnaround of the brand domestically," said Nigel Travis, Chairman and Chief Executive Officer, Dunkin' Brands. "All totaled, our franchisees and licensees opened 790 net new restaurants globally in 2013, and this year we expect to open 685 to 800 net new Dunkin' Donuts and Baskin-Robbins restaurants on a worldwide basis. We believe a major contributor to our strong year-over-year growth is the disciplined approach we consistently take to improving franchisee economics."

Dunkin' Donuts U.S.
In 2013, Dunkin' Donuts opened 371 net new restaurants in the U.S., which included openings in Colorado, New York, Texas and Utah. The company also signed multi-store development agreements in more than 20 domestic markets, including Southern California, Detroit, Michigan, Reno, Nevada, Salt Lake City, Utah, and throughout Texas and Ohio, among other regions.  Additionally, a new restaurant design option was unveiled and 527 Dunkin' Donuts restaurants were remodeled domestically last year.  

In early 2013, Dunkin' Donuts announced expansion into California and opened Southern California for franchising. Based on its initial success, the company soon extended recruitment to include California's Central Valley and Central Coast areas. To date, the company has executed agreements to develop nearly 100 traditional restaurants in California. As of today, Dunkin' Donuts is announcing that it is opening Northern California for sale, resulting in the entire state is now available for franchise development. The company believes it can eventually have 1,000 Dunkin' Donuts locations in California.

In 2014, the company expects its franchisees to open 380 to 410 net new Dunkin' Donuts restaurants and continues to believe that it can achieve the long term goal of more than 15,000 Dunkin' Donuts restaurants in the U.S., almost double its present number of domestic locations.  

Baskin-Robbins US
In 2013, Baskin-Robbins experienced positive net new growth in the U.S., opening a net number of four new locations in markets including California, Florida and Texas. The brand closed the year with development commitments for new units in markets including Arizona, California, Florida and Texas, and launched a new restaurant design option for Baskin-Robbins in the U.S. 

In 2014, the company expects its franchisees and licensees to open 5 to 10 net new Baskin-Robbins restaurants in U.S.

Dunkin' Donuts International
In 2013, Dunkin' Donuts opened 138 net new restaurants outside the U.S., including its first restaurants in the United Kingdom in the Greater London area, and in Vietnam in Ho Chi Minh City. The Company also stepped up its European development efforts, and with the signing of five new franchise agreements in Germany, plans to have 150 restaurants in that country over the next several years, up from its year-end number of 41 locations. Additionally, Dunkin' Donuts began franchise recruitment efforts in Brazil, Scandinavia and Turkey.

At the end of the year, Dunkin' Donuts also signed a master franchise agreement with Fast Gourmet Group (FGG) to develop the brand in Eastern China. The agreement calls for the development of more than 100 Dunkin' Donuts restaurants in the Shanghai, Jiangsu and Zhejiang regions, with the first locations planned to open in Shanghai in 2014. 

Baskin-Robbins International
Baskin-Robbins opened 277 net new locations outside the U.S. in 2013. It also announced franchise recruitment in South Africa and Germany and a joint venture agreement with Galadari Ice Cream company to further develop the brand in Australia. Additionally in 2013, the company signed a licensing agreement for the Philippines and nine new store development agreements for Baskin-Robbins in China, which together would add 375 new Baskin-Robbins restaurants in that country over the next 10 years. 

2014 Development Goals Summary
In 2014, the company expects its franchisees and licensees to open 380 to 410 net new Dunkin' Donut restaurants in the U.S. and 5 to 10 net new U.S. Baskin-Robbins locations in the U.S.  Outside the U.S., the company expects to open 300 to 400 net new Dunkin' Donuts and Baskin-Robbins restaurants for a worldwide total of 685 to 800 Dunkin' Donuts and Baskin-Robbins net new restaurants in 2014.

To learn more about Dunkin' Brands franchising, visit www.dunkinbrands.com.

Forward-Looking Statements This news release contains projections and other forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Generally, these statements can be identified by the use of words such as "anticipate," "believe," "could," "estimate," "expect," "feel," "forecast," "intend," "may," "plan," "potential," "project," "should," "would," and similar expressions intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. By their nature, forward-looking statements involve risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the future. These projections and statements reflect management's current views with respect to future events and financial performance. No assurances can be given, however, that these events will occur or that these projections will be achieved, and actual results could differ materially from those projected as a result of certain risk factors. A discussion of these risk factors is included in the Company's periodic reports filed with the Securities and Exchange Commission. Except as required by applicable law, we do not undertake to publicly update or revise any of these forward-looking statements, whether as a result of new information, future events or otherwise.

About Dunkin' Brands Group, Inc.
With more than 18,000 points of distribution in nearly 60 countries worldwide, Dunkin' Brands Group, Inc. (Nasdaq: DNKN) is one of the world's leading franchisors of quick service restaurants (QSR) serving hot and cold coffee and baked goods, as well as hard-serve ice cream. At the end of fiscal 2013, Dunkin' Brands' nearly 100 percent franchised business model included nearly 11,000 Dunkin' Donuts restaurants and more than 7,250 Baskin-Robbins restaurants. Dunkin' Brands Group, Inc. is headquartered in Canton, Mass.

SOURCE Dunkin' Brands Group, Inc.

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
IoT solutions exploit operational data generated by Internet-connected smart “things” for the purpose of gaining operational insight and producing “better outcomes” (for example, create new business models, eliminate unscheduled maintenance, etc.). The explosive proliferation of IoT solutions will result in an exponential growth in the volume of IoT data, precipitating significant Information Governance issues: who owns the IoT data, what are the rights/duties of IoT solutions adopters towards t...
In his keynote at 18th Cloud Expo, Andrew Keys, Co-Founder of ConsenSys Enterprise, provided an overview of the evolution of the Internet and the Database and the future of their combination – the Blockchain. Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life settl...
With tough new regulations coming to Europe on data privacy in May 2018, Calligo will explain why in reality the effect is global and transforms how you consider critical data. EU GDPR fundamentally rewrites the rules for cloud, Big Data and IoT. In his session at 21st Cloud Expo, Adam Ryan, Vice President and General Manager EMEA at Calligo, examined the regulations and provided insight on how it affects technology, challenges the established rules and will usher in new levels of diligence arou...
For organizations that have amassed large sums of software complexity, taking a microservices approach is the first step toward DevOps and continuous improvement / development. Integrating system-level analysis with microservices makes it easier to change and add functionality to applications at any time without the increase of risk. Before you start big transformation projects or a cloud migration, make sure these changes won’t take down your entire organization.
When you focus on a journey from up-close, you look at your own technical and cultural history and how you changed it for the benefit of the customer. This was our starting point: too many integration issues, 13 SWP days and very long cycles. It was evident that in this fast-paced industry we could no longer afford this reality. We needed something that would take us beyond reducing the development lifecycles, CI and Agile methodologies. We made a fundamental difference, even changed our culture...
Digital transformation has increased the pace of business creating a productivity divide between the technology haves and have nots. Managing financial information on spreadsheets and piecing together insight from numerous disconnected systems is no longer an option. Rapid market changes and aggressive competition are motivating business leaders to reevaluate legacy technology investments in search of modern technologies to achieve greater agility, reduced costs and organizational efficiencies. ...
Organizations planning enterprise data center consolidation and modernization projects are faced with a challenging, costly reality. Requirements to deploy modern, cloud-native applications simultaneously with traditional client/server applications are almost impossible to achieve with hardware-centric enterprise infrastructure. Compute and network infrastructure are fast moving down a software-defined path, but storage has been a laggard. Until now.
DXWorldEXPO LLC announced today that Kevin Jackson joined the faculty of CloudEXPO's "10-Year Anniversary Event" which will take place on November 11-13, 2018 in New York City. Kevin L. Jackson is a globally recognized cloud computing expert and Founder/Author of the award winning "Cloud Musings" blog. Mr. Jackson has also been recognized as a "Top 100 Cybersecurity Influencer and Brand" by Onalytica (2015), a Huffington Post "Top 100 Cloud Computing Experts on Twitter" (2013) and a "Top 50 C...
In his session at 20th Cloud Expo, Mike Johnston, an infrastructure engineer at Supergiant.io, discussed how to use Kubernetes to set up a SaaS infrastructure for your business. Mike Johnston is an infrastructure engineer at Supergiant.io with over 12 years of experience designing, deploying, and maintaining server and workstation infrastructure at all scales. He has experience with brick and mortar data centers as well as cloud providers like Digital Ocean, Amazon Web Services, and Rackspace. H...
Dion Hinchcliffe is an internationally recognized digital expert, bestselling book author, frequent keynote speaker, analyst, futurist, and transformation expert based in Washington, DC. He is currently Chief Strategy Officer at the industry-leading digital strategy and online community solutions firm, 7Summits.
Digital Transformation is much more than a buzzword. The radical shift to digital mechanisms for almost every process is evident across all industries and verticals. This is often especially true in financial services, where the legacy environment is many times unable to keep up with the rapidly shifting demands of the consumer. The constant pressure to provide complete, omnichannel delivery of customer-facing solutions to meet both regulatory and customer demands is putting enormous pressure on...
IoT is at the core or many Digital Transformation initiatives with the goal of re-inventing a company's business model. We all agree that collecting relevant IoT data will result in massive amounts of data needing to be stored. However, with the rapid development of IoT devices and ongoing business model transformation, we are not able to predict the volume and growth of IoT data. And with the lack of IoT history, traditional methods of IT and infrastructure planning based on the past do not app...
"Akvelon is a software development company and we also provide consultancy services to folks who are looking to scale or accelerate their engineering roadmaps," explained Jeremiah Mothersell, Marketing Manager at Akvelon, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
DXWorldEXPO LLC, the producer of the world's most influential technology conferences and trade shows has announced the 22nd International CloudEXPO | DXWorldEXPO "Early Bird Registration" is now open. Register for Full Conference "Gold Pass" ▸ Here (Expo Hall ▸ Here)
More and more brands have jumped on the IoT bandwagon. We have an excess of wearables – activity trackers, smartwatches, smart glasses and sneakers, and more that track seemingly endless datapoints. However, most consumers have no idea what “IoT” means. Creating more wearables that track data shouldn't be the aim of brands; delivering meaningful, tangible relevance to their users should be. We're in a period in which the IoT pendulum is still swinging. Initially, it swung toward "smart for smart...