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Dunkin’ Brands Group, Inc. Subsidiaries. Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. Important factors that could cause actual results to differ materially from our expectations are more fully described in our other filings with the Securities and Exchange Commission, including under the section headed "Risk Factors" in our most recent annual report on Form 10-K.
DUNKIN' BRANDS GROUP, INC. AND SUBSIDIARIES. Dunkin' U.S. segment profit in the second quarter decreased to $96.2 million, a decrease of $30.9 million compared to the prior year period, driven primarily by decreases in royalty income and rental margin, offset by the increase in franchise fees. Six months ended. Operating income and adjusted operating income for the second quarter of fiscal year 2020 decreased $41.0 million, or 33.5%, and $40.6 million, or 31.9%, respectively, compared to the prior year period primarily as a result of the decrease in royalty income and a decrease in rental margin, which includes approximately $2 million of unfavorable impact from rent waivers being provided to our franchisees, net of waivers received from landlords. This process is automatic.
Dunkin’ Brands Announces New Vice President, IT Store Systems .
On a constant currency basis, systemwide sales decreased by approximately 42%.
Non-GAAP Reconciliations (In thousands, except share and per share data) (Unaudited) Three months ended.
All rights reserved Revenues for the second quarter decreased $72.0 million, or 20.0%, compared to the prior year period due primarily to decreases in royalty income and advertising fees driven by a decline in systemwide sales, primarily for the Dunkin' U.S. segment. Forward-looking statements reflect management's analysis as of the date of this press release. 337927). CANTON, Mass., July 30, 2020 /PRNewswire via COMTEX/ -- The company operates through five segments: Dunkinâ U Unless specified all financial data is based on a yearly period but updated quarterly.
Should you invest in Dunkin' Brands Group (NasdaqGS:DNKN)? We also believe these non-GAAP measures provide our investors with useful information regarding our historical operating results. DNKN has not had significant price volatility in the past 3 months.DNKN exceeded the US Hospitality industry which returned -13.6% over the past year.DNKN underperformed the US Market which returned 21.6% over the past year. Dunkin’ Brands is the parent company of two of the world’s most recognized and beloved brands: Dunkin’, America’s favorite all-day, everyday stop for coffee and baked goods, and Baskin-Robbins, the world’s largest chain of ice cream specialty shops.Dunkin’, founded in Quincy, Massachusetts in 1950, is famous for its combination of high-quality coffees, espresso beverages, baked goods and breakfast sandwiches served all day with fast, friendly service.
The Company uses these non-GAAP measures as key performance measures for the purpose of evaluating performance internally. (Unaudited, $ in thousands except as otherwise noted)Baskin-Robbins U.S. second quarter revenues decreased 13.2% from the prior year period to $12.4 million due primarily to decreases in royalty income driven by a decline in systemwide sales, other revenues driven by a decrease in licensing income, rental income due to rent waivers being provided to our franchisees and a decrease in the number of leases, and sales of ice cream and other products.
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