Crumbs loss widens in second quarter
date:Aug 16, 2012
this growth, combined with our recently announced agreement with Starbucks Corp., and with ongoing progress with our six primary initiatives, will change the trajectory of our business in a positive direction over the next 12 to 18 months.
Crumbs said cost of sales increased nearly 10% during the second quarter, to $4,775,000 from $4,351,000, and as a percentage of sales, increased 80 basis points to 43.1%. Gross profit increased 6% to $6,306,000 from $5,943,000.
For the six months ended June 3
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05/08 22:57