BURLINGTON, VT, June 04, 2009 /24-7PressRelease/ -- Bruegger's Enterprises, Inc. today announced better than expected financial results for the first quarter ending April 15, 2009. First quarter system-wide gross sales were $57.2 million, an increase of 0.4% over 2008. The company ended 2008 with revenues of nearly $200 million, marking five years of positive growth.
Same store comparable sales were off slightly for the quarter, although ahead of budget. Overall the company is optimistic for the year, despite tough economic times.
"Our first quarter results represent very good performance in a difficult environment," said Bruegger's Chief Executive Officer Jim Greco. "By adding fresh new items to our menu and focusing on an inviting experience for our customers, we continue to grow despite the challenging times."
New Menu Items and Locations
In February, Bruegger's launched a new line of sandwich options including paninis and signature sandwiches made with a new selection of freshly baked breads. Citing consumer demand for affordable, fast-casual dining options, the new sandwiches will be included at all of the company's 290 locations nationwide by June.
In addition, Bruegger's opened four franchise bakeries in Altamonte Springs, Fla., Tucson, Bexley, Ohio and Oak Park, Ill. - one of 15 bakeries planned for the Chicago area. With one corporate opening in West Bloomfield, Mich., the company now has a total to 290 bakeries in 24 states and the District of Columbia. New bakery expansion will continue with four bakeries set to open in the second quarter, including the company's fourth airport location at Cleveland Hopkins International Airport.
About Bruegger's Enterprises, Inc.
Bruegger's Enterprises, Inc., an affiliate of Sun Capital Partners, Inc., is a leader in the fast casual restaurant segment. Bruegger's is dedicated to serving delicious, wholesome food that brings guests back again and again. In 290 neighborhood bakery-cafes in 24 states and 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 New York-style, boiled and baked bagels, Bruegger's entire menu is free of trans-fats and features a Fair Trade CertifiedTM coffee everyday from Green Mountain Coffee . Bruegger's bakers use their expertise to bake not only bagels, but an array of fresh breads including honey wheat, hearty white and the exclusive Softwich. Guests can count on innovative menu items, including unique cream cheese flavors, delicious breakfast sandwiches and wraps, hand-tossed salads, hearty soups, signature and custom order sandwiches and desserts. Founded in 1983, Bruegger's is headquartered in Burlington, Vermont and supports its neighbors in every community it serves. For more information, please visit www.brueggers.com.
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