Dunkin' Brands Group Inc. said its normalized net income for the fiscal first quarter ended March 28 was 36 cents per share, compared with the S&P Capital IQ consensus estimate of 35 cents per share.
EPS increased 32.8% year over year from 27 cents.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $36.9 million, a gain of 24.8% from $29.5 million in the prior-year period.
The normalized profit margin increased to 19.8% from 17.2% in the year-earlier period.
Total revenue grew 8.1% year over year to $185.9 million from $171.9 million, and total operating expenses fell year over year to $107.6 million from $110.2 million.
Reported net income increased 11.9% from the prior-year period to $25.4 million, or 25 cents per share, from $22.7 million, or 21 cents per share.
