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Coffee City

Melissa Allison tracks Seattle's — and the world's — caffeine addiction.

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November 4, 2009 at 2:37 PM

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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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I think the number should read 0.7 million.  Posted on November 4, 2009 at 4:51 PM by drfrankencoffee. Jump to comment
@drfrankencoffee Thank you!  Posted on November 4, 2009 at 4:54 PM by Melissa Allison. Jump to comment

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