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Bruegger’s sales up 2.5% to $58.7 million
August 31, 2010
Bruegger’s Enterprises Inc. has reported positive sales growth during the second quarter ending July 13, 2010, with a 2.5 percent sales increase to $58.7 million for the 428-unit chain.
Bruegger’s namesake brand added 18 franchise, corporate and co-branded bakeries during the past year and increased same-store sales by 0.6 percent on company units and 0.1 percent system-wide. Bruegger’s is anticipating unit growth in 2010 to continue at a rate of 10 percent.
For the remainder of the year, Bruegger's will continue with the roll out of its next generation bakery prototype in 10 major markets, and plans to remodel all of its locations over the next three years.
The company also has plans to expand its concept into new markets such as Austin, Texas, and Louisville, Ky. The company has opened bakeries in four U.S. cities, bringing the total number of U.S. bakeries to 295 located in 25 of the top 50 U.S. markets and Toronto.
The chain recently announced a 10-year agreement with Sodexo Inc. to open Bruegger’s cafés in their managed locations over the next 10 years.
Timothy’s World Coffee, which was purchased by BEI in November 2009, saw a 2.9 percent increase in comp sales during the second quarter. Timothy’s has 91 locations operating in Canada and is expecting 10 percent unit growth in 2010.
“Our reinvestment in the business has contributed to ongoing growth in our portfolio of brands,” said Bruegger’s CEO Jim Greco.
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