Exhibit 99.1

Dunkin’ Brands Reports Third Quarter 2011 Results

Adjusted net income increases approximately 32 percent year-over-year

CANTON, Mass. (Nov. 1, 2011) – Dunkin’ Brands Group, Inc. (Nasdaq: DNKN), the parent company of Dunkin’ Donuts (DD) and Baskin-Robbins (BR), today reported results for the quarter ended September 24, 2011. “As a result of our successful product innovation, powerful marketing, and an intense focus on guest satisfaction and operational execution, we delivered robust third quarter results,” said Nigel Travis, Chief Executive Officer, Dunkin’ Brands Group, Inc. and President, Dunkin’ Donuts. “Our strong increases in systemwide sales and consolidated U.S. comparable store sales, which included positive growth for both Dunkin’ Donuts and Baskin-Robbins, reflect the strength of our overall business and underscore the opportunity we have to accelerate our profitable growth in the U.S. and around the world.”

Financial Highlights

($ in millions, except percentages and per share data)	Quarter 3				Increase (Decrease)
	2011		2010		$/#		%
Systemwide Sales Growth		8.9%		6.6%
Consolidated U.S. Comparable Store Sales Growth		5.6%		1.8%
DD U.S. Comparable Store Sales Growth		6.0%		2.7%
BR U.S. Comparable Store Sales Growth		1.7%		(5.8)%
Consolidated Net POD Development		98		214		(116)		(54.2)%
DD Global PODs at period end		9,900		9,673		227		2.3%
BR Global PODs at period end		6,625		6,374		251		3.9%
Consolidated Global PODs at period end		16,525		16,047		478		3.0%
Revenues	$	163.5	$	149.5	$	14.0		9.3%
Operating Income		54.1		54.6		(0.5)		(0.8)%
Adjusted Operating Income (1)		75.9		62.6		13.3		21.3%
Net Income		7.4		18.8		(11.4)		(60.7)%
Adjusted Net Income (1)		31.3		23.7		7.7		32.5%
Earnings (Loss) per Share – Basic and Diluted:
Class L	$	4.46	$	1.25	$	3.21		256.8%
Common		(1.01)		(0.24)		(0.77)		(320.8)%
Diluted Adjusted Earnings per Pro Forma Common Share (1)		0.28		0.24		0.04		16.7%

(amounts and percentages may not recalculate due to rounding)

(1) Adjusted operating income and adjusted net income are non-GAAP measures reflecting operating income and net income, determined in accordance with GAAP, further adjusted for amortization of intangible assets, impairment charges, and Sponsor management agreement termination fee, and in the case of adjusted net income, loss on debt extinguishment and refinancing charges, net of the tax impact of such adjustments. Diluted adjusted earnings per pro forma common share is a non-GAAP measure, calculated using adjusted net income, and gives effect to the conversion of Class L common stock as if the conversion were completed at the beginning of the respective fiscal period. Please refer to “Non-GAAP Measures and Statistical Data,” “Dunkin’ Brands Group, Inc. Non-GAAP Reconciliations,” and “Dunkin’ Brands Group, Inc. Diluted Adjusted Earnings per Pro Forma Common Share” for further detail.

Consolidated Key Highlights

Third quarter 2011 financial highlights included:

• Global systemwide sales increased 8.9 percent over the third quarter of 2010, primarily attributable to systemwide sales growth of 8.3 percent for Dunkin’ Donuts U.S., as well as a 13.0 percent year-over year increase for Baskin-Robbins International sales and a 13.7 percent year-over-year increase for Dunkin’ Donuts International sales.

• Dunkin’ Donuts U.S comparable store sales (which includes stores open 54 weeks or more) increased 6.0 percent, driven by an increase in ticket and traffic, while Baskin-Robbins U.S. comparable store sales increased 1.7 percent. As a result, consolidated U.S. comparable store sales increased 5.6 percent.

• Dunkin’ Brands’ franchisees and licensees opened 98 net new Dunkin’ Donuts and Baskin-Robbins locations on a global basis during the quarter and 332 net new locations, including one company-owned store, during the first nine months of 2011, increasing Dunkin’ Brands total points of distribution to 16,525. The Company expects franchisees to open more than 600 net new restaurants for the year on a global basis.

• Revenues grew by more than 9 percent, to $163.5 million, for the third quarter of 2011 compared to the same period in 2010, primarily as a result of increased franchisee fees and royalty income.

• Operating income of $54.1 million for the third quarter remained relatively flat with the prior year, decreasing 0.8 percent, primarily due to one-time expenses of $14.7 million incurred in connection with the Company’s initial public offering (IPO).

• Adjusted operating income was $75.9 million, a 21.3 percent increase over the same time last year. Adjusted operating income margin was 46.4 percent, representing a 450 basis

point improvement over the same period last year, as a result of strong revenues and flat expenses.

• Net income was $7.4 million, a decrease of 60.7 percent compared to the third quarter of 2010, due to one-time expenses incurred in connection with the Company’s IPO and related retirement of $375 million of senior notes.

• Adjusted net income for the quarter grew to $31.3 million, a 32.5 percent increase compared to the third quarter of 2010, as a result of an increase in adjusted operating income and lower interest expense.

• Diluted adjusted earnings per pro forma common share was $0.28, an increase of 17 percent over the third quarter of 2010.

“Our performance for the quarter gives us confidence in our ability to achieve our longer term growth targets,” said Neil Moses, Dunkin’ Brands Group, Inc. Chief Financial Officer. “We believe these results demonstrate the opportunity that lies ahead for us and underscore the power of our nearly all-franchised business model with its high operating margins, low capital expenditure requirements and strong free cash flow.”

###

Conference Call

As previously announced, Dunkin’ Brands will be holding a conference call today at 8:00 am ET hosted by Chief Executive Officer, Nigel Travis, and Chief Financial Officer, Neil Moses. The dial-in number is (866) 393-1607 or (914) 495-8556, conference number 16955214. Dunkin’ Brands will broadcast the conference call live over the Internet at http://investor.dunkinbrands.com. A replay of the conference call will be available on the Company’s website at http://investor.dunkinbrands.com.

The Company’s consolidated statements of operations, condensed consolidated balance sheets, condensed consolidated statements of cash flows and other additional information have been provided with this press release. This information should be reviewed in conjunction with this press release.

Forward-Looking Statements

Certain statements contained herein are not based on historical fact and are “forward-looking statements” within the meaning of the applicable securities laws and regulations. Generally, these statements can be identified by the use of words such as “anticipate,” “believe,” “could,” “estimate,” “expect,” “feel,” “forecast,” “intend,” “may,” “plan,” “potential,” “project,” “should,” “would,” and similar expressions intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. These forward-looking statements include all matters that are not historical facts. By their nature, forward-looking statements involve risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the future. These risk and uncertainties include,

but are not limited to: the ongoing level of profitability of franchisees and licensees; changes in working relationship with our franchisees and licensees and the actions of our franchisees and licensees; our master franchisees’ relationships with sub-franchisees; the strength of our brand in the markets in which we compete; changes in competition within the quick service restaurant segment of the food industry; changes in consumer behavior resulting from changes in technologies or alternative methods of delivery; economic and political conditions in the countries where we operate; our substantial indebtedness; our ability to protect our intellectual property rights; consumer preferences, spending patterns and demographic trends; the success of our growth strategy and international development; changes in commodity and food prices, particularly coffee, dairy products and sugar, and the other operating costs; shortages of coffee; failure of our network and information technology systems; interruptions or shortages in the supply of products to our franchisees and licensees; inability to recover our capital costs; changes in political, legal, economic or other factors in international markets; termination of a master franchise agreement or contracts with the U.S. military; currency exchange rates; the impact of food borne-illness or food safety issues or adverse public or medial opinions regarding the health effects of consuming our products; our ability to collect royalty payments from our franchisees and licensees; uncertainties relating to litigation; changes in regulatory requirements to our and our franchisees and licensees ability to comply with current or future regulatory requirements; review and audit of certain of our tax returns; the ability of our franchisees and licensees to open new restaurants and keep existing restaurants in operation; our ability to retain key personnel; any inability to protect consumer credit card data and catastrophic events.

Forward-looking statements reflect management’s analysis as of the date of this press release. Important factors that could cause actual results to differ materially from our expectations are more fully described in our other filings with the Securities and Exchange Commission, including under the section headed “Risk Factors” in our prospectus filed with the Securities and Exchange Commission on July 27, 2011. Except as required by applicable law, we do not undertake to publicly update or revise any of these forward-looking statements, whether as a result of new information, future events or otherwise.

Non-GAAP Measures and Statistical Data

In addition to the results provided in accordance with U.S. generally accepted accounting principles (“GAAP”) throughout this document, the Company has provided non-GAAP measurements, adjusted operating income, adjusted operating income margin, adjusted net income, and diluted adjusted earnings per pro forma common share, which present operating results on a basis adjusted for certain items. The Company uses these non-GAAP measures as key performance measures for the purpose of evaluating performance internally. We also believe these non-GAAP measures provide our investors with useful information regarding our historical operating results. These non-GAAP measurements are not intended to replace the presentation of our financial results in accordance with GAAP. Use of the term adjusted operating income, adjusted operating income margin, adjusted net income, and diluted adjusted earnings per pro forma common share may differ from similar measures reported by other companies. Adjusted operating income, adjusted operating income margin, and adjusted net income are reconciled from the

respective measures determined under GAAP in the attached table “Dunkin’ Brands Group, Inc. Non-GAAP Reconciliations.”

On August 1, 2011, the Company completed an initial public offering in which 22,250,000 shares of common stock were sold at an initial public offering price of $19.00 per share. Immediately prior to the offering, each share of the Company’s Class L common stock converted into 2.4338 shares of common stock. The number of common shares used in the calculations of diluted adjusted earnings per pro forma common share for the three and nine months ended September 24, 2011 and September 25, 2010 give effect to the conversion of all outstanding shares of Class L common stock at the conversion factor of 2.4338 common shares for each Class L share, as if the conversion was completed at the beginning of the respective fiscal period. The calculations of diluted adjusted earnings per pro forma common share also include the dilutive effect of common restricted shares and stock options, using the treasury stock method. Shares sold in the offering are included in the diluted adjusted earnings per pro forma common share calculations beginning on the date that such shares were actually issued. Diluted adjusted earnings per pro forma common share is calculated using adjusted net income, as defined above. See the attached table “Dunkin’ Brands Group, Inc. Diluted Adjusted Earnings per Pro Forma Common Share” for further detail.

Additionally, the Company has included metrics such as franchisee-reported sales, system-wide sales growth, and comparable store sales growth, which are commonly used statistical measures in the quick-service restaurant industry and are important to understanding Company performance.

Franchisee-reported sales include sales at franchisee restaurants, including joint ventures. The Company uses “System-wide sales growth” to refer to the percentage change in sales at both franchisee- and company-owned restaurants from the comparable period of the prior year. Changes in system-wide sales are driven by changes in average comparable store sales and changes in the number of restaurants.

The Company uses “Consolidated US comparable store sales,” “DD domestic comparable store sales” and “BR domestic comparable store sales,” which are calculated by including only sales from franchisee- and company-owned restaurants that have been open at least 54 weeks and that have reported sales in the current and comparable prior year week.

About Dunkin’ Brands Group, Inc.

With more than 16,500 points of distribution in 56 countries worldwide, Dunkin’ Brands Group, Inc. (Nasdaq: DNKN), is one of the world’s leading franchisors of quick service restaurants (QSR) serving hot and cold coffee and baked goods, as well as hardserve ice cream. At the end of 2010, Dunkin’ Brands’ nearly 100 percent franchised business model included 9,760 Dunkin’ Donuts restaurants and 6,433 Baskin-Robbins restaurants, and the company had system-wide sales of approximately $7.7 billion. Dunkin’ Brands Group, Inc. is headquartered in Canton, Mass. The Company’s website is located at www.dunkinbrands.com.

Contact(s):

Paul Carbone (Investors)	Michelle King (Media)
Vice President, Strategy & Finance	Director, Global Media Relations
Dunkin’ Brands, Inc.	Dunkin’ Brands, Inc.
investor.relations@dunkinbrands.com	michelle.king@dunkinbrands.com
781-737-3200	781-737-5200

SEGMENT RESULTS

		0000000...		0000000...		0000000...		0000000...
	Three months ended				Increase (Decrease)
Dunkin’ Donuts U.S.	September 24, 2011		September 25, 2011		$		%
	($ in millions)
Systemwide sales growth								8.3%
Franchisee reported sales	$	1,501.4	$	1,383.5	$	117.8		8.5%
Revenues	$	113.9	$	100.5	$	13.4		13.4%
Segment profit	$	89.0	$	72.3	$	16.7		23.0%
Points of distribution		6,895		6,698		197		2.9%
Gross openings		91		81		10		12.3%
Net openings		57		57		—		—  %

		00000000.		00000000.		00000000.		00000000.
	Three months ended				Increase (Decrease)
Dunkin’ Donuts International	September 24, 2011		September 25, 2011		$		%
	($ in millions)
Systemwide sales								13.7%
Franchisee reported sales	$	161.5	$	142.0	$	19.5		13.7%
Revenues	$	3.7	$	3.6	$	0.1		3.3%
Segment profit	$	2.5	$	3.7	$	(1.2)		(32.5)%
Points of distribution		3,005		2,975		30		1.0%
Gross openings		70		169		(99)		(58.6)%
Net openings (closings)		(24)		92		(116)		(126.1)%

		00000000		00000000		00000000		00000000
	Three months ended				Increase (Decrease)
Baskin Robbins U.S.	September 24, 2011		September 25, 2011		$		%
	($ in millions)
Systemwide sales								(0.1)%
Franchisee reported sales	$	148.1	$	148.3	$	(0.2)		(0.1)%
Revenues	$	12.0	$	12.3	$	(0.3)		(2.5)%
Segment profit	$	7.0	$	8.8	$	(1.8)		(20.5)%
Points of distribution		2,492		2,558		(66)		(2.6)%
Gross openings		12		16		(4)		(25.0)%
Net closings		(18)		(14)		(4)		28.6%

		00000000		00000000		00000000		00000000
	Three months ended				Increase (Decrease)
Baskin Robbins International	September 24, 2011		September 25, 2011		$		%
	($ in millions)
Systemwide sales								13.0%
Franchisee reported sales	$	390.7	$	345.9	$	44.8		13.0%
Revenues	$	28.1	$	25.3	$	2.8		11.1%
Segment profit	$	14.5	$	13.9	$	0.5		3.8%
Points of distribution		4,133		3,816		317		8.3%
Gross openings		126		116		10		8.6%
Net openings		83		79		4		5.1%

DUNKIN’ BRANDS GROUP, INC. AND SUBSIDIARIES

Consolidated Statements of Operations

(In thousands)

(Unaudited)

	Three months ended						Nine months ended
	September 24, 2011			September 25, 2010			September 24, 2011			September 25, 2010
				(As Adjusted)						(As Adjusted)
Revenues:
Franchise fees and royalty income	$	104,562			92,125			288,660			263,020
Rental income		23,676			23,375			69,950			69,807
Sales of ice cream products		25,591			23,415			73,532			65,116
Other revenues		9,679			10,616			27,551			29,416
Total revenues		163,508			149,531			459,693			427,359
Operating costs and expenses:
Occupancy expenses—franchised restaurants		13,073			12,657			38,278			39,147
Cost of ice cream products		18,975			16,419			52,795			44,568
General and administrative expenses, net		71,465			59,220			179,408			163,083
Depreciation		6,128			6,211			18,350			19,159
Amortization of other intangible assets		7,001			7,762			21,106			25,315
Impairment charges		163			265			1,220			2,955
Total operating costs and expenses		116,805			102,534			311,157			294,227
Equity in net income of joint ventures		7,409			7,577			12,206			16,013
Operating income		54,112			54,574			160,742			149,145
Other income (expense):
Interest income		138			37			403			123
Interest expense		(24,065	)		(25,648	)		(86,905	)		(80,721	)
Loss on debt extinguishment and refinancing transactions		(18,050	)		—			(34,222	)		(3,693	)
Other gains, net		(423	)		(4	)		(11	)		(33	)
Total other expense		(42,400	)		(25,615	)		(120,735	)		(84,324	)
Income before income taxes		11,712			28,959			40,007			64,821
Provision for income taxes		4,300			10,117			17,156			22,704
Net income	$	7,412			18,842			22,851			42,117
Earnings (loss) per share:
Class L – basic and diluted	$	4.46			1.25			6.14			3.69
Common – basic and diluted	$	(1.01	)		(0.24	)		(2.00	)		(1.02	)

DUNKIN’ BRANDS GROUP, INC. AND SUBSIDIARIES

Condensed Consolidated Balance Sheets

(In thousands)

(Unaudited)

	September 24, 2011		December 25, 2010
Assets
Current assets:
Cash and cash equivalents	$	181,849		134,100
Accounts, notes, and other receivable, net		46,768		79,943
Other current assets		61,010		70,334
Total current assets		289,627		284,377
Property and equipment, net		185,297		193,273
Investments in joint ventures		181,280		169,276
Goodwill and other intangible assets, net		2,402,994		2,424,312
Other assets		70,247		76,050
Total assets	$	3,129,445		3,147,288
Liabilities, Common Stock, and Stockholders’ Equity (Deficit)
Current liabilities:
Current portion of long-term debt	$	14,965		12,500
Accounts payable		12,598		9,822
Other current liabilities		207,089		258,233
Total current liabilities		234,652		280,555
Long-term debt, net		1,472,359		1,847,016
Deferred income taxes, net		563,703		586,337
Other long-term liabilities		125,494		127,139
Total long-term liabilities		2,161,556		2,560,492
Common stock, Class L		—		840,582
Stockholders’ equity (deficit):
Total stockholders’ equity (deficit)		733,237		(534,341	)
Total liabilities, common stock, and stockholders’ equity (deficit)	$	3,129,445		3,147,288

DUNKIN’ BRANDS GROUP, INC. AND SUBSIDIARIES

Condensed Consolidated Statements of Cash Flows

(In thousands)

(Unaudited)

	Nine months ended
	September 24, 2011			September 25, 2010
Cash flows from operating activities:
Net income	$	22,851			42,117
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization		39,456			44,474
Loss on debt extinguishment and refinancing transactions		34,222			3,693
Deferred income taxes		488			(7,001	)
Equity in net income of joint ventures		(12,206	)		(16,013	)
Dividends received from joint ventures		7,362			6,603
Other non-cash adjustments, net		6,837			8,034
Change in operating assets and liabilities:
Restricted cash		—			18,161
Accounts, notes, and other receivables, net		32,047			21,334
Other current liabilities		(48,420	)		(38,503	)
Liabilities of advertising funds, net		(1,645	)		1,568
Other, net		(9,951	)		7,733
Net cash provided by operating activities		71,041			92,200
Cash flows from investing activities:
Additions to property and equipment		(12,800	)		(11,109	)
Other, net		2,115			—
Net cash used in investing activities		(10,685	)		(11,109	)
Cash flows from financing activities:
Repayment of long-term debt, net		(385,366	)		(100,765	)
Payment of deferred financing and other debt-related costs		(20,087	)		—
Proceeds from issuance of common stock, net		393,304			895
Repurchases of common stock		(286	)		(3,890	)
Change in restricted cash		177			548
Other, net		26			(199	)
Net cash used in financing activities		(12,232	)		(103,411	)
Effect of exchange rates on cash and cash equivalents		(375	)		34
Increase (decrease) in cash and cash equivalents		47,749			(22,286	)
Cash and cash equivalents, beginning of period		134,100			53,210
Cash and cash equivalents, end of period	$	181,849			30,924

DUNKIN’ BRANDS GROUP, INC.

Non-GAAP Reconciliations

(In thousands)

	Three months ended				Nine months ended
	September 24, 2011		September 25, 2010		September 24, 2011		September 25, 2010
Operating income	$	54,112	$	54,574	$	160,742	$	149,145
Adjustments:
Sponsor termination fee		14,671		—		14,671		—
Amortization of other intangible assets		7,001		7,762		21,106		25,315
Impairment charges		163		265		1,220		2,955
Adjusted operating income	$	75,947	$	62,601	$	197,739	$	177,415
Operating income margin		33.1%		36.5%		35.0%		34.9%
Adjustments:
Sponsor termination fee		8.9%		0.0%		3.2%		0.0%
Amortization of other intangible assets		4.3%		5.2%		4.6%		5.9%
Impairment charges		0.1%		0.2%		0.2%		0.7%
Adjusted operating income margin		46.4%		41.9%		43.0%		41.5%
Net income	$	7,412	$	18,842	$	22,851	$	42,117
Adjustments:
Sponsor termination fee		14,671		—		14,671		—
Amortization of other intangible assets		7,001		7,762		21,106		25,315
Impairment charges		163		265		1,220		2,955
Loss on debt extinguishment and refinancing transactions		18,050		—		34,222		3,693
Tax impact of adjustments (a)		(15,954)		(3,211)		(28,488)		(12,785)
Adjusted net income	$	31,343	$	23,658	$	65,582	$	61,295

^(a)  Tax impact of adjustments calculated at a 40% effective tax rate for each period presented.

DUNKIN’ BRANDS GROUP, INC.

Diluted Adjusted Earnings per Pro Forma Common Share

	Three months ended					Nine months ended
	September 24, 2011			September 25, 2010		September 24, 2011			September 25, 2010
Adjusted net income (in thousands)	$	31,343		$	23,658	$	65,582		$	61,295
Pro forma weighted average number of common shares – diluted:
Weighted average number of Class L shares over period in which Class L shares were outstanding (1)		22,866,379			22,802,457		22,845,378			22,807,674
Adjustment to weight Class L shares over respective fiscal period (1)		(15,328,012	)		—		(5,104,722	)		—
Weighted average number of Class L shares over respective fiscal period		7,538,367			22,802,457		17,740,656			22,807,674
Class L conversion factor		2.4338			2.4338		2.4338			2.4338
Weighted average number of converted Class L shares		18,347,071			55,497,206		43,177,665			55,509,904
Weighted average number of common shares		93,529,128			41,323,438		58,807,271			41,288,341
Pro forma weighted average number of common shares – basic		111,876,199			96,820,644		101,984,936			96,798,245
Incremental dilutive common shares (2)		1,401,643			225,445		735,242			190,867
Pro forma weighted average number of common shares – diluted		113,277,842			97,046,089		102,720,178			96,989,112
Diluted adjusted earnings per pro forma common share	$	0.28		$	0.24	$	0.64		$	0.63

(1) The weighted average number of Class L shares in the actual Class L earnings per share calculation for the three and nine months ended September 24, 2011 represents the weighted average from the beginning of the period up through the date of conversion of the Class L shares into common shares. As such, the pro forma weighted average number of common shares includes an adjustment to the weighted average number of Class L shares outstanding to reflect the length of time the Class L shares were outstanding prior to conversion relative to the respective three and nine month periods. The converted Class L shares are already included in the weighted average number of common shares outstanding for the period after their conversion.

(2) Represents the dilutive effect of restricted shares and stock options, using the treasury stock method.