News

Boloco presents at ICR Xchange

January 16, 2012

Boloco presented its operational outlook at this year’s 14th Annual ICR XChange Conference on Jan. 10, 2012. This is the third year that Boloco received an invitation to present at the event.

The ICR XChange Conference gathers both public and private companies to communicate their growth stories. Boloco COO/CFO Patrick Renna addressed an audience of analysts, investment bankers and private equity firms to discuss Boloco’s growth during the last several years and plans for 2012 and beyond.

Highlights from the presentation include reports on the company’s same-store sales growth during the last eight quarters, driven primarily by an increase in transactions. The most recent quarter ending Jan 1, 2012, finished with same store sales increasing 13 percent. Boloco also is planning for an entry into its second major market in 2012 with two new locations in Washington D.C. The company will expand its number of New England locations from 18 to 22 in 2012, as well.