Sales declines in its consumer packaged goods division dragged third-quarter earnings down slightly for Caribou Coffee Inc., but executives for the coffeehouse chain expressed optimism that same-store sales would continue to rise and that growth could accelerate next year. For the Sept. 30-ended quarter, Caribou’s net income fell 3.6 percent to $1.72 million, or 8 cents per share, compared with $1.79 million, or 9 cents per share. Revenue declined 5.2 percent in the quarter to ...

Register to view this article

It’s free but we need to know a little about you to continually improve our content.

Why Register?

Registering allows you to unlock a portion of our premium online content. You can access more in-depth stories and analysis, as well as news not found on any other website or any other media outlet. You also get free eNewsletters, blogs, real-time polls, archives and more.

 

Attention Print Subscribers:  While you have already been granted free access to NRN we ask that you register now. We promise it will only take a few minutes!

Already registered? here.