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Sales Increases Continue for 16th Consecutive Quarter at Bruegger's Enterprises, Inc. Comp Sales Increase 5.4 Percent in First Quarter
BURLINGTON, Vt. (April 24, 2008) – Bruegger’s Enterprises, Inc.
today reported that first quarter system-wide gross sales were $56.79 million,
compared with $50.53 million in 2007, marking a 12.4 percent increase. Revenue
for comparable sales grew 5.4 percent at company locations and 4.3 percent
system-wide for the first quarter ending April 15, 2008. This period
marks 16 consecutive quarters of growth for the fast casual leader.
“We are very pleased with these results which exceeded budget and are
especially significant given the current economic environment,” said
Bruegger’s Chief Executive Officer James J. Greco. “We are
committed to consistently providing a memorable guest service experience along
with a menu featuring delicious, wholesome offerings and these core attributes
drive our financial performance.”
During the first quarter Bruegger’s opened six corporate bakeries, including
its first two airport locations at Cincinnati/Northern Kentucky International
and Boston Logan International, as well as one franchise-operated bakery bringing
the total to 278 bakeries in 22 states and the District of Columbia. Additionally,
in February, the company acquired Triangle Bagels, Inc. a franchisee of 14
Bruegger’s locations in North Carolina and Bagel Factory, Inc. an operator
of five bagel bakeries located in Philadelphia and its suburbs. New bakeries
have made their debut in Washington D.C., Ohio and California and expansion
will continue throughout the year in markets across the country.
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. Bruegger’s and its GUEST-focused
team are dedicated to serving delicious, healthy food that brings guests back
again and again. In approximately 277 neighborhood bakery-cafes in 22
states plus the District of Columbia, Bruegger’s offers a warm, comfortable
setting for guests to enjoy a wholesome meal with family and friends. Famous
for authentic boiled and baked bagels, Bruegger’s bakers lend their expertise
to crafting a variety of other stone-hearth baked breads, such as Ciabatta
and the exclusive Softwich™. Guests can count on innovative menu
items, including fresh-made salads, whole wheat wraps, hearty soups, specialty
and deli-made sandwiches, desserts, unique Fair Trade Certified™ coffee
blends and original cream cheese flavors. Founded in 1983, Bruegger’s
celebrates its 25th anniversary this year. The company is headquartered
in Burlington, Vermont and supports its neighbors in every community it serves. For
more information, please visit www.brueggers.com.
Bruegger's
Derek Beere
Mason Onofrio Public Relations
(203) 393-1101 ext. 146
(860) 690-3252 (cell phone)
dbeere@mason23.com


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