Earnings

Dunkin' Brands profit rises on higher US sales

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Dunkin' Brands reported a 36 percent rise in quarterly profit as more customers visited its coffee and doughnut chain, Dunkin Donuts, in the United States.

After the earnings announcement, the company's shares rose in premarket trading. (Get the latest quotes here.)

The company, which also owns the Baskin-Robbins ice cream brand, said net income rose to $54.7 million, or 52 cents per share, in the quarter ended Sept. 27, from $40.2 million, or 37 cents per share, a year earlier.

Sales at established Dunkin' Donuts franchises in the United States, its biggest business by revenue, rose 2 percent in the third quarter.

Total revenue rose 3.4 percent to $192.6 million.

Analysts had expected Dunkin to report adjusted earnings of 47 cents a share on $197 million in revenue, according to a consensus estimate from Thomson Reuters.

Last month, the chain opened its first two full Dunkin' Donuts restaurant locations in California. The expansion is part of a larger plan to grow to more than 1,000 total restaurants over the long run in the state.

CNBC contributed to this report.