Advertisement
U.S. markets closed
  • S&P 500

    5,254.35
    +5.86 (+0.11%)
     
  • Dow 30

    39,807.37
    +47.29 (+0.12%)
     
  • Nasdaq

    16,379.46
    -20.06 (-0.12%)
     
  • Russell 2000

    2,124.55
    +10.20 (+0.48%)
     
  • Crude Oil

    83.11
    -0.06 (-0.07%)
     
  • Gold

    2,254.80
    +16.40 (+0.73%)
     
  • Silver

    25.10
    +0.18 (+0.74%)
     
  • EUR/USD

    1.0799
    +0.0006 (+0.05%)
     
  • 10-Yr Bond

    4.2060
    +0.0100 (+0.24%)
     
  • GBP/USD

    1.2639
    +0.0017 (+0.13%)
     
  • USD/JPY

    151.2260
    -0.1460 (-0.10%)
     
  • Bitcoin USD

    70,370.43
    -1,110.87 (-1.55%)
     
  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     
  • FTSE 100

    7,952.62
    +20.64 (+0.26%)
     
  • Nikkei 225

    40,369.44
    +201.37 (+0.50%)
     

Dunkin' Brands cuts 2015 same-store sales growth forecast

(Corrects adjusted earnings in last paragraph to $1.88-$1.91 per share from $1.75-$1.76. Also clarifies in second graph sales growth forecast is for Dunkin' Donuts, not whole company)

Dec 18 (Reuters) - Dunkin' Brands Group Inc cut its 2015 forecast for same-store sales growth in the United States and operating income growth, citing slowing sales of packaged coffee in its restaurants.

The company said it now expected U.S. comparable-store sales for Dunkin' Donuts to grow 1-3 percent, down from its previous forecast of 2-4 percent.

It also cut its forecast for adjusted operating income growth to 6-8 percent from 10-12 percent.

The company forecast adjusted earnings of $1.88 to $1.91 per share. Analysts on average were expecting earnings of $2.02, according to Thomson Reuters I/B/E/S.

(Reporting by Sruthi Ramakrishnan in Bengaluru; Editing by Sriraj Kalluvila)

Advertisement