- Comparable coffeehouse store sales increased 2.8%
- Net income attributable to Caribou Coffee Company, Inc. was $2.8 million, or $0.13 per diluted share compared to $4.4 million, or $0.21 per diluted share, in the second quarter of 2011. The year-ago period was impacted by a tax benefit related to the reversal of a portion of our tax valuation allowance. Non-GAAP pro forma net income attributable to Caribou Coffee Company, Inc. in the second quarter of 2011 was $2.7 million, or $0.13 per diluted share (see non-GAAP reconciliation at the end of this release).
Caribou Coffee Company, Inc. (NASDAQ:CBOU), the second largest company-owned premium coffeehouse operator in the United States based on the number of coffeehouses, today reported financial results for the second quarter of 2012 (thirteen weeks ended July 1, 2012). The Company also adjusted its fiscal 2012 outlook. HIGHLIGHTS FOR THE SECOND QUARTER OF 2012 INCLUDE: