High Competitive Activity Slows Down Dunkin' Brands' Comparable Sales Growth In Third Quarter

The revenue growth was below expectations, as it rose just 3.4% year-over-year (y-o-y), primarily driven by increased royalty income due to system-wide sales growth offset by declines in ice-cream product sales. The increase in comparable store was primarily due to higher customer traffic and increased average spend per visit. As a result, the company was able to post more than a 50% adjusted operating income margin.