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Dunkin’ Posts Earnings Beat on Demand for Breakfast Sandwiches, Specialty Coffee

From: thestreet.com

Shares of donut and coffee chain and Baskin-Robbins ice cream owner Dunkin’ Brands (DNKN – Get Report)  jumped on Thursday after the company reported better-than-expected third-quarter earnings on strong demand for premium breakfast sandwiches and specialty coffees at its U.S.-based Dunkin’ Donuts stores, though total sales fell short of analysts’ forecasts.

The Canton, Mass.-based posted adjusted earnings of $75.7 million, or 90 cents a share, vs. $69.9 million, or 83 cents a share, in the comparable year-ago quarter. Analysts polled by FactSet had been expecting per-share earnings of 81 cents.

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