CANTON, Mass., Jan. 12, 2015 /PRNewswire/ -- Dunkin' Brands
Group, Inc. (Nasdaq: DNKN), the parent company of Dunkin' Donuts
and Baskin-Robbins, announced
today that in 2014 its U.S. franchisees opened a total of 422 net
new Dunkin' Donuts and Baskin-Robbins, once again making Dunkin'
Brands one of the fastest growing companies by unit count in the
QSR (Quick Service Restaurant) industry.
"This past year was another excellent year for domestic
restaurant development for both of our brands and has resulted in
Dunkin' Brands, once again being one of the fastest growing
companies by unit count in the QSR industry," said Nigel Travis, Chairman and Chief Executive
Officer, Dunkin' Brands. "All told, Dunkin' Donuts franchisees
opened 405 net new domestic restaurants in 2014, including our much
anticipated restaurants in Southern
California, and remodeled another nearly 500 locations.
Baskin-Robbins franchisees opened
17 net new locations, marking this the brand's second consecutive
year of positive net development. We believe these results are
directly attributable to the appeal of our two strong consumer
brands and our continued focus on franchisee unit economics. For
2015 in the U.S., we expect to open between 410 and 440 Dunkin'
Donuts restaurants and between five to ten net Baskin-Robbins locations."
Dunkin' Donuts U.S.
In 2014, Dunkin' Donuts opened 405 net new restaurants in new
markets such as California,
Colorado, and Nevada, with 97% of domestic growth coming
from existing franchisees. California continued to be a focus of growth
for the brand with five new free-standing restaurants opening in
Whittier, Santa Monica, Long
Beach, Downey and
Modesto, which opened ahead of
schedule. The company is on track with its plan to open
approximately 250 new restaurants in California over the next several years, with
the long-term goal of having 1,000 restaurants in total throughout
the state.
Dunkin' Donuts also signed agreements in 2014 with franchisees
to open new future restaurants in markets, including Northern,
Central and Southern California;
Oklahoma City, OK; Louisville, KY; Phoenix, AZ; Greensboro, NC;
and Wichita, KS, among others.
In 2013, Dunkin' Donuts unveiled new restaurant design options
and last year Dunkin' Donuts franchisees remodeled 482 restaurants
with the new image. Dunkin' Donuts also recently announced the
launch of DD Green™ Achievement, a green building program designed
to help franchisees build sustainable, energy-efficient
restaurants. By the end of 2016, Dunkin' Donuts plans to have 100
new DD Green restaurants across the U.S.
Dunkin' Donuts' 2014 development numbers include approximately
70 new restaurants in airports, colleges and other non-traditional
locations. Dunkin' Donuts currently has over 600 non-traditional
locations, including restaurants at college campuses, mass transit
stations, travel centers, supermarkets, entertainment centers and
military bases.
In 2015, the Company expects its franchisees to add between 410
and 440 net new Dunkin' Donuts U.S. restaurants and continues to
believe that it can achieve the long-term goal of more than 17,000
restaurants in the U.S., more than doubling its current number of
domestic locations.
Baskin-Robbins U.S.
In 2014, Baskin-Robbins
achieved a second consecutive year of positive net new unit growth
in the U.S., opening 17 net new restaurants in markets including
Kentucky, California and Louisiana. Baskin-Robbins also signed agreements in 2014
with franchisees to open new future locations in markets, including
Fresno, CA; San Francisco, CA; Phoenix, AZ; Tampa,
FL, Louisville, KY; and
Colorado Springs, CO, among
others.
Additionally, recruiting military veterans as franchisees
continues to be a focus for Baskin-Robbins. For 2014, the brand launched a
special veteran's incentive program for U.S. veterans seeking to
open a domestic Baskin-Robbins
location. The new development incentives included more than
$25,000 in financial discounts on
royalties and initial franchise fees.
In 2015, the Company expects its franchisees and licensees to
open five to ten net new Baskin-Robbins restaurants in the U.S.
To learn more about Dunkin' Brands franchising, visit.
www.dunkinbrands.com.
Forward-Looking Statements
This news release
contains projections and other forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933 and
Section 21E of the Securities Exchange Act of 1934. Generally,
these statements can be identified by the use of words such as
"anticipate," "believe," "could," "estimate," "expect," "feel,"
"forecast," "intend," "may," "plan," "potential," "project,"
"should," "would," and similar expressions intended to identify
forward-looking statements, although not all forward-looking
statements contain these identifying words. By their nature,
forward-looking statements involve risks and uncertainties because
they relate to events and depend on circumstances that may or may
not occur in the future. These projections and statements reflect
management's current views with respect to future events and
financial performance. No assurances can be given, however, that
these events will occur or that these projections will be achieved,
and actual results could differ materially from those projected as
a result of certain risk factors. A discussion of these risk
factors is included in the Company's periodic reports filed with
the Securities and Exchange Commission. Except as required by
applicable law, we do not undertake to publicly update or revise
any of these forward-looking statements, whether as a result of new
information, future events or otherwise.
About Dunkin' Brands Group, Inc.
With more than 18,800 points of distribution in nearly 60 countries
worldwide, Dunkin' Brands Group, Inc. (Nasdaq: DNKN) is one of the
world's leading franchisors of quick service restaurants (QSR)
serving hot and cold coffee and baked goods, as well as hard-serve
ice cream. At the end of fiscal 2014, Dunkin' Brands' nearly 100
percent franchised business model included more than 11,300 Dunkin'
Donuts restaurants and more than 7,500 Baskin-Robbins restaurants. Dunkin' Brands
Group, Inc. is headquartered in Canton,
Mass.
Contact(s):
Stacey Caravella (Investors)
Director, Investor Relations
Dunkin' Brands Group, Inc.
investor.relations@dunkinbrands.com
781-737-3200
Michelle King (Media)
Sr. Director Global Public Relations
Dunkin' Brands Group, Inc.
michelle.king@dunkinbrands.com
781-737-5200
Rachel Tabacnic
Fish Consulting
rtabacnic@fish-consulting.com
954-893-9150
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SOURCE Dunkin' Brands Group, Inc.