Caribou Coffee 3Q comps down
October 7, 2008
MINNEAPOLIS — Comparable store sales at Caribou Coffee Co. Inc. decreased 4.7 percent for the 13 weeks ended Sept. 28, 2008, compared with the same 13 weeks in the prior year. Year-to-date comparable coffeehouse net sales decreased 2.9 percent as compared with the same period last year. Franchised stores are not included in the comparable store sales calculations.
The company expects to release fiscal third quarter 2008 financial results after the market close on Nov. 6.
Conference Call
Michael Tattersfield, president and CEO, and Timothy Hennessy, chief financial officer, hosted an introductory conference call with the investment community Oct. 7. The conference call will be webcast and can be accessed in the Investor Relations section of the Caribou Coffee Web site atwww.cariboucoffee.com. The webcast will be archived for one week on the company's Web site.