Bruegger's Enterprises, Inc. Reports Record Second Quarter Revenues; Quick-Casual Chain Reports Strong Results as Growth Continues with More Than 100 New Bakeries Planned by 2008.BURLINGTON, Vt. -- Bruegger's Enterprises, Inc. today reported that second quarter revenue for comparable sales grew 5.8 percent at company locations and 3.9 percent system wide for the second quarter ending July 11, 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. for the second quarter totaled $22.4 million, up 12.6% from $19.9 million in 2005. This is the ninth consecutive quarter of comparable restaurant sales growth for Bruegger's, marking a company record of consistent sales growth. The guest check average increased 8.2 percent for company-owned bakeries and 7.5 percent system wide. "We are pleased to see the positive momentum into the second quarter as we continue to gain growth in both our corporate and franchise markets. Solid first half results are good indicators that Bruegger's is on trend for another strong year of positive sales," 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. "Our focus on providing an exceptional guest experience and continued franchise growth has contributed to the second quarter's overall success," added Greco. "The company initiatives completed during the first quarter have allowed us to look into new menu items for our guests and develop other enhancements to the Bruegger's experience." Bruegger's expects to open 30 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 247 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, stone hearth hearth symbol of home life. [Folklore: Jobes, 738] See : Domesticity breads, 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 assortment /as·sort·ment/ (ah-sort´ment) the random distribution of nonhomologous chromosomes to daughter cells in metaphase of the first meiotic division. as·sort·ment n. 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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