Dunkin' Brands is targeting a worldwide expansion of its Dunkin Donuts and Baskin-Robbins brands by 800 new outlets in FY2013.
Close to 350 of the outlets are expected to be unveiled in the US while the remaining ones will be opened in international locations, said the group.
Dunkin' Brands chief financial officer Paul Carbone noted, "Our nearly 100-percent, asset-light franchised business model enables us to accelerate our strong restaurant growth rate, while simultaneously returning cash to shareholders."
The company expects to increase comparable store sales by 3-5% year-on-year for Dunkin Donuts while Baskin-Robbins is expected to return 1-3%.
Net income for the group totaled $108.3m for FY2012, representing a 34% increase when compared to FY2011.
Dunkin' Brands chief executive officer Nigel Travis remarked that the fourth quarter of 2012 was strong helping the company finish 2012 with healthy returns.
"Despite macro-economic instability and a tough competitive environment, consumer and franchisee demand for Dunkin' Donuts is high, our franchisee relationships are strong," Travis said.
The group added a net 665 outlets in the 12-month period taking the total outlet count for both brands to 17,459 up 4%.
