Coffee City
Melissa Allison tracks Seattle's — and the world's — caffeine addiction.
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Caribou Coffee posts profit on 3 percent rise in sales
Posted by Melissa Allison
The nation's largest publicly-traded coffee shop chain after Starbucks, Caribou posted a third-quarter profit of $654,000, an improvement from the third quarter a year ago, when it lost $8.7 million.
Net sales were up 3 percent to $62.7 million for the Brooklyn Center, Minn.-based chain, which ended the quarter with 525 shops. None are in Washington.
Starbucks will release its fourth-quarter earnings after the stock market closes on Thursday.
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