Dunkin’ income falls on fees, debt

Dunkin’ Brands’ net income fell to $7.4 million from $18.8 million in the same period a year ago. (John Bazemore/Associated Press)

By Christina Rexrode

Associated Press / November 2, 2011

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Dunkin’ Brands Group Inc. said Tuesday its net income plummeted 61 percent in the quarter that it became a public company, as its efforts to pay down debt and big fees to the private-equity firms that used to own it offset revenue gains. Dunkin’ Brands’ net income fell to $7.4 million from $18.8 million in the same period a year ago. But excluding these special items, net income climbed to $31.3 million, or 28 cents per share, beating Wall Street estimates of 25 cents.

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