Caribou Coffee Company (CBOU) Reports Q1 Comp Sales
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Caribou Coffee Company (Nasdaq: CBOU) announced that total revenue for fiscal first quarter ended April 2, 2006 increased 24% over the same period in the prior year.
Comparable coffeehouse net sales were down 1% for the thirteen weeks ended April 2, 2006 compared with the same thirteen weeks in the prior year.
During the first quarter 2005 comparable coffeehouse net sales increased 10% when compared to the first quarter of 2004. Licensed stores are not included in the comparable coffeehouse net sales calculations.
Comparable coffeehouse net sales were down 1% for the thirteen weeks ended April 2, 2006 compared with the same thirteen weeks in the prior year.
During the first quarter 2005 comparable coffeehouse net sales increased 10% when compared to the first quarter of 2004. Licensed stores are not included in the comparable coffeehouse net sales calculations.
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