Bruegger's Enterprises, Inc. Again Reports Record Revenues for Third Quarter.Quick-casual chain continues strong results; Growth plans on track and more than 100 new bakeries planned by 2008 BURLINGTON, Vt. -- Bruegger's Enterprises, Inc. today reported that third quarter revenue for comparable sales grew 5.54 percent at company locations and 3.8 percent system wide for the third quarter ending October 3, 2006. Bruegger's gross sales Gross Sales A measure of overall sales that isn't adjusted for customer discounts or returns, calculated simply by adding all sales invoices, and not including operating expenses, cost of goods sold, payment of taxes, or any other charge. at company locations for the third quarter totaled $23. 7 million, up 15.4 percent from $ 20.6 million in 2005. This is the tenth consecutive quarter of comparable restaurant sales growth for Bruegger's, marking a company record of consistent sales growth. "We are pleased to see the positive momentum continue into the third quarter, a good indicator that the company continues on trend for a strong year of sales and profitablity," commented Bruegger's CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. James Greco. "Bruegger's recently opened a bakery in Charleston, the first of several new corporate markets in the coming months. We are also introducing new menu options -- a whole wheat Softwich[TM] as well as an artisan Ciabatta ciabatta Noun a type of bread made with olive oil [Italian: slipper] ." Bruegger's expects to open 25 new bakeries by Dec. 31 and 50 bakeries in both 2007 and 2008. About Bruegger's Enterprises, Inc. Bruegger's Enterprises, Inc., an affiliate of Sun Capital Partners, Inc., is a leader in the quick, casual restaurant segment with 248 neighborhood bakery-cafes in 19 states. Bruegger's menu features a wide variety of authentic boiled boiled adj. Slang Intoxicated; drunk. Adj. 1. boiled - cooked in hot water poached, stewed cooked - having been prepared for eating by the application of heat and baked bagels, fresh-made salads, whole wheat wraps, hearty heart·y adj. heart·i·er, heart·i·est 1. Expressed warmly, exuberantly, and unrestrainedly: a hearty welcome. 2. soups, specialty and deli made sandwiches, desserts, unique coffee blends and original cream cheese in an assortment of flavors. Founded in 1983, Bruegger's is headquartered in Burlington, Vermont Burlington is the largest city in the U.S. state of Vermont and is the shire town of Chittenden County, Vermont. With a population of 38,889, the city is the core of one of the nation's smaller metropolitan areas, and is also the smallest U.S. . For more information, please visit www.brueggers.com |
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