Dunkin’ Brands board approves $250 mln share buyback

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Dunkin’ Brands profit rises 13%, raises guidance

Dunkin’ Brands Group Inc. DNKN on Thursday reported its first-quarter net income increased 13%, and raised its guidance. The owner of the Dunkin’ Donuts and Baskin-Robbins brands earned a quarterly profit of $50.2 million, or 57 cents a diluted share, compared with $44.3 million, or 48 cents, for the same period last year.

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