Baskin Robbins 2013 Annual Report Download - page 2

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Dear Shareholders,
We had a very strong performance in 2013, a year
in which we delivered on or exceeded nearly all of
the targets we set at the start of the year and returned
more than $100 million to shareholders.
For the full year, we grew revenues more than 8 percent,
increased operating income nearly 11 percent, and grew
adjusted earnings per share by approximately 20 percent,
demonstrating our ability to leverage our nearly 100-percent
franchised, asset-light business model.
Dunkin’ Donuts U.S. fi nished the year with 3.4 percent
comparable store sales growth, which on a two-year basis,
marks nearly 8 percent comp growth.
Dunkin’ Donuts U.S. eclipsed the fi ve percent annual net
development growth rate.
Other noteworthy achievements and major milestones in 2013 include:
Nigel Travis
Chairman and CEO,
Dunkin’ Brands Group, Inc.
In July 2011, at the time of our IPO, we told investors that our goal was to have fi ve percent
net development in fi ve years. We accomplished our goal in just two-and-a-half years,
opening 371 net new Dunkin’ Donuts restaurants in the U.S. in 2013, the highest number
of net openings in fi ve years.