dunkin' brands group inc (DNKN) Key Developments
Dunkin' Brands Group Intends to Refinance its Senior Secured Credit Facilities
Jan 6 15
Dunkin' Brands Group announced that it intends to refinance its senior secured credit facilities with a new securitized financing facility. As of Sept. 27, 2014, the outstanding balance under DNKN's senior secured credit facility was $1.8 billion. The company now intends to replace its senior secured credit facility with a new securitized financing facility, expected to be comprised of $2.3 billion of senior fixed-rate term notes and $100 million of variable funding notes.
Dunkin' Brands Group Provides Earnings Guidance for 2015; Announces Expansion Plans for 2015
Dec 18 14
Dunkin' Brands Group provided earnings guidance for 2015. For the period, the company expects to report revenue growth of between 5% and 7% and adjusted operating income growth of between 6% and 8%. It sees adjusted earnings per share of $1.88 to $1.91.
It sees between 410 and 440 net new restaurants for Dunkin' Donuts and between 5 and 10 net new restaurants for Baskin-Robbins. Internationally, the company is targeting opening 200 to 300 net new restaurants across the two brands. Globally, the company expects to open between 615 and 750 net new units.
Dunkin' Brands Group, Inc. Presents at 17th Annual ICR XChange 2015, Jan-12-2015 10:00 AM
Nov 20 14
Dunkin' Brands Group, Inc. Presents at 17th Annual ICR XChange 2015, Jan-12-2015 10:00 AM. Venue: JW Marriott Orlando Grande Lakes, Orlando, Florida, United States.
Dunkin' Donuts Signs Agreement with GADI for Seven Restaurants in Kentucky
Nov 13 14
Dunkin' Donuts has signed a multi-unit store development agreement with existing franchisees, GADI, LLC, to develop seven restaurants in Louisville, Kentucky. The group's first two restaurants are planned to open in 2016. Led by Manish Patel and his partners Shashin Patel, Nilam Patel, and Tarak Patel, this franchise group currently operates Dunkin' Donuts restaurants in Upstate New York and will manage and oversee the daily operations for each new restaurant in Louisville. Currently, there are more than 15 Dunkin' Donuts restaurants located throughout Kentucky, and the company is continuing to recruit franchisees in the cities of Lexington and Pikesville. To help fuel growth in Kentucky, 0special development incentives are available, which include reduced royalty fees for three years and up to $10,000 in local store marketing for stores that open on time. In an effort to keep the brand fresh and competitive, Dunkin' Donuts offers flexible concepts for any real estate format including free-standing restaurants, end caps, in-line sites, gas and convenience, travel plazas, universities, as well as other retail environments.
Dunkin' Brands Group, Inc. Presents at Morgan Stanley Global Consumer Conference 2014, Nov-19-2014 01:15 PM
Nov 5 14
Dunkin' Brands Group, Inc. Presents at Morgan Stanley Global Consumer Conference 2014, Nov-19-2014 01:15 PM. Venue: Crown Plaza Times Square, New York, New York, United States.