Caribou Coffee income down 38% in quarter
date:Aug 08, 2012
For the quarter ended July 1, the company had income of $2,759,000, equal to 14c per share on the common stock, which compared with income of $4,425,000, or 22c per share, during the same quarter of the previous year. Sales for the quarter were $81,125,000, up 1% from $80,270,000 during the same quarter of the previous year.
We were pleased to have held pro forma net income steady compared to the prior-year period in the face of coffee commodity cost pressure and a lower contribution from the Ke
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