Nation’s Restaurant News reports that Dunkin’ Brands Group Inc., parent company of Dunkin’ Donuts and  Baskin-Robbins, reported Tuesday a decline in third-quarter income, driven by  expenses surrounding its initial public offering in July, but discussed positive  sales trends and aggressive expansion plans.

The Canton, Mass.-based company also said Tuesday that certain shareholders  would hold a secondary offering of stock, looking to sell 22 million shares in  the fourth quarter. Dunkin’ Brands is not selling stock and will not receive  proceeds from the pending sale.

Looking at third-quarter results, Dunkin’ officials said new menu items,  consumer engagement and operational improvements helped performance during the  company’s first full quarter as a public company, which ended September 24. The company  held its initial public offering at the end of July.

Read more: Nation’s Restaurant News