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Scotts improves in first quarter
Despite inclement weather this winter, Scotts Miracle-Gro’s financial results for the first quarter ended Dec. 28 showed signs of improvement.
Net sales for the quarter totaled $196.4 million, down 5% from $205.8 million during the same quarter a year ago. The company pointed to the timing of pre-season shipments to retailers for the decline.
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Dunkin’ Brands reports strong Q4, fiscal year 2013 results
Canton, Mass. – Dunkin’ Brands Group Inc., parent company of Dunkin’ Donuts and Baskin Robbins, reported an impressive set of year-over-year financial results for the fourth quarter and fiscal year 2013. During the quarter, net income grew 23% to $42.1 million from $34.2 million, and revenue increased 13% from $161.7 million to $183.2 million.
U.S. same-store sales for the quarter increased 3.5% at Dunkin’ Donuts and 2.2% at Baskin Robbins.