Bruegger's Announces Third Quarter Financial Results

    BURLINGTON, VT, November 08, 2010 /24-7PressRelease/ -- Bruegger's Enterprises, Inc. (BEI) announced today continued sales growth during the third quarter ending October 5, 2010. The 433-unit restaurant operator recognized sales of $58.7 million, a 3.1 percent increase over the third quarter of 2009.

Bruegger's namesake brand added 17 franchise, corporate and co-branded bakeries during the past year. Same store sales were up by 2.8 percent on company units and 2.0 percent system-wide for the 3rd quarter. Bruegger's anticipates continued strong unit and comparable sales growth in 2010.

Threecaf Brands Canada, Bruegger's Canadian subsidiary, saw a 2.6 % percent increase in comparable sales during the third quarter. Threecaf includes Timothy's World Coffee which has 91 locations operating in Canada.

"Our ongoing investment in our brands and commitment to growth is contributing to positive momentum for the portfolio as we move through the fourth quarter of 2010 and into 2011," said Bruegger's Chief Executive Officer Jim Greco.

Highlights:
- In September, Bruegger's completed renovation of 13 bakeries in the Raleigh market and will reimage over 30 bakeries by the end of 2010.

- Bruegger's continues to expand into new markets, including Austin, TX, and Louisville, KY where the company recently signed new franchisees, and Baltimore, where the company opened a bakery in the Kennedy Krieger Institute, Known for its expertise in non-traditional locations, Bruegger's will be the only on-site food provider for patients, families and staff of the Institute's inpatient and outpatient hospitals in East Baltimore.

- The company opened five new Bruegger's bakeries in the third quarter, bringing the total number of bakeries to 300 located in 26 states, the District of Columbia and Toronto.

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. The company operates 300 Bruegger's Bakeries in North America (including 3 co-branded locations). In addition, it operates 133 Timothy's World Coffee, mmmuffins and Michel's Baguette Cafes in Canada through a wholly owned subsidiary, Threecaf Brands Canada Inc. BEI's portfolio of brands is dedicated to serving a wide variety of freshly prepared breakfast and lunch options, made with high quality simple ingredients. Founded in 1983, the company is headquartered in Burlington, Vermont and supports its neighbors in every community it serves. For more information, please visit www.brueggers.com or become a fan on Facebook at www.facebook.com/brueggers.

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