Dunkin’ Brands to open 400-plus U.S. stores in 2015

Canton, Mass. - Dunkin' Brands Group Inc., the parent company of Dunkin' Donuts and Baskin-Robbins, plans to add between 410 and 440 net new U.S. Dunkin’ Donuts restaurants five to 10 net new Baskin-Robbins U.S. restaurants in 2015. Globally, the company expects to open between 615 and 750 net new units in the coming year.



For full year 2014, Dunkin’ Brands expects to finish the year near the top end of its Dunkin' Donuts U.S. development growth target of 380 to 410 net new restaurants. The company sees opportunity for 17,000-plus Dunkin' Donuts restaurants in the U.S. and more than 30,000 restaurants for both brands globally.



Dunkin’ Brands also expects revenue growth of between 5 and 7% in fiscal 2015, along with same-store sales growth of 1-3% in both Dunkin' Donuts and Baskin-Robbins U.S. stores. For full year 2014, the company expects adjusted earnings per share to be $1.75 to $1.76 and full-year Dunkin' Donuts U.S. same-store sales growth to be approximately 1.4%.



"This has been a challenging year for our businesses,” said Nigel Travis, chairman & CEO, Dunkin' Brands Group.



“We are pleased that Dunkin' Donuts' 2014 U.S. same-store sales and transactions remained positive, although not as positive as we hoped because of continued pressure on the consumer and decelerating sales of packaged coffee in our restaurants. We expect these trends to continue into next year. We are committed to returning to double-digit growth in the subsequent years.”



The company will report fourth quarter and fiscal year 2014 results on Thursday, Feb. 5, 2015.