Bruegger's Enterprises, Inc. Reports Record Second Quarter Revenues; Quick-Casual Chain Reports Strong Results As Growth Continues With More Than 100 New Bakeries Planned By 2008
Posted on: Thursday, 17 August 2006, 12:00 CDT
Bruegger's Enterprises, Inc. today reported that second quarter revenue for comparable sales grew 5.8 percent at company locations and 3.9 percent system wide for the second quarter ending July 11, 2006. Bruegger's gross sales for the second quarter totaled $22.4 million, up 12.6% from $19.9 million in 2005.
This is the ninth consecutive quarter of comparable restaurant sales growth for Bruegger's, marking a company record of consistent sales growth. The guest check average increased 8.2 percent for company-owned bakeries and 7.5 percent system wide.
"We are pleased to see the positive momentum into the second quarter as we continue to gain growth in both our corporate and franchise markets. Solid first half results are good indicators that Bruegger's is on trend for another strong year of positive sales," commented Bruegger's CEO James Greco.
"Our focus on providing an exceptional guest experience and continued franchise growth has contributed to the second quarter's overall success," added Greco. "The company initiatives completed during the first quarter have allowed us to look into new menu items for our guests and develop other enhancements to the Bruegger's experience."
Bruegger's expects to open 30 new bakeries by Dec. 31 and 50 bakeries in both 2007 and 2008.
About Bruegger's Enterprises, Inc.
Bruegger's Enterprises, Inc., an affiliate of Sun Capital Partners, Inc., is a leader in the quick, casual restaurant segment with 247 neighborhood bakery-cafes in 19 states. Bruegger's menu features a wide variety of authentic boiled and baked bagels, fresh-made salads, whole wheat wraps, stone hearth breads, hearty soups, specialty and deli made sandwiches, desserts, unique coffee blends and original cream cheese in an assortment of flavors. Founded in 1983, Bruegger's is headquartered in Burlington, Vermont. For more information, please visit www.brueggers.com
Source: Business Wire
Related Articles
- P&G Updates Fiscal Year 2010 and First Quarter Outlook; Sees Return to Organic Sales Growth in Second Quarter
- 16th Consecutive Quarter of Sales Growth Caps Off Successful 2008 for Tableau Software
- Heinz Anticipates Strong Third Quarter Results With Sales Growth
- Panera Bread Reports System-Wide Comparable Bakery-Cafe Sales Increased 1.2% for the Five Weeks Ended May 29, 2007 and Adjusts Second Quarter 2007 Sales Growth and Earnings Per Share Targets
- Rohm and Haas Company Reports First Quarter Results; Sales Up 5 Percent With Earnings Per Share of $0.86
- Campbell Reports Second Quarter Results: Earnings Per Share of $.72, Including $.04 Gain From Property Sale; Net Sales Increase 4 Percent; Company Raises Full Year Forecast For EPS Growth
- Lilly Reports 7% Sales Growth, 10% Earnings Growth and $.80 EPS for Third Quarter
- Herbalife Ltd. Reports Record Second-Quarter Net Sales; Second-Quarter Diluted Earnings Per Share of $0.49 Increased 54.4 Percent
- SYSCO Reports 8.7 Percent Sales Growth in Second Quarter and Diluted EPS of $0.33
- Wyeth Second-Quarter Earnings Rise 18 Percent on Strong Medication Sales
 |
 |
User Comments (0)
RSS Feeds