Caribou Coffee New Management Introduction
September 30 2008 - 4:05PM
Business Wire
Caribou Coffee Company, Inc. (Nasdaq:CBOU), the second largest
company-owned gourmet coffeehouse operator in terms of
coffeehouses, today announced that Michael J. Tattersfield, the
Company�s newly appointed President and Chief Executive Officer and
Timothy J. Hennessy, the newly appointed Chief Financial Officer
will host an introductory call with the investment community after
the market close on Tuesday, October 7, 2008. As part of their
introduction to the investment community Mr. Tattersfield and Mr.
Hennessy will also discuss recent comparable store sales trends.
Conference Call Info The conference will take place on Tuesday,
October 7, 2008 at 4.30 p.m. E.T. The call will be webcast and can
be accessed in the Investor Relations section of the Caribou Coffee
website at www.cariboucoffee.com. The webcast can also be accessed
by cutting and pasting the following link into the browser:
http://viavid.net/dce.aspx?sid=000056B7. The webcast will be
archived for one week on the Company�s website. About the Company
Caribou Coffee Company, Inc., founded in 1992 and headquartered in
Minneapolis, Minnesota, is the second largest company-owned gourmet
coffeehouse operator in the United States based on the number of
coffeehouses. As of June 29, 2008, Caribou Coffee had 490
coffeehouses, which includes 75 franchised locations. Caribou
Coffee offers its customers high-quality gourmet coffee and
espresso-based beverages, as well as specialty teas, baked goods,
whole bean coffee, branded merchandise and related products. In
addition, Caribou Coffee sells products to club stores, grocery
stores, mass merchandisers, office coffee providers, airlines,
hotels, sports and entertainment venues, college campuses and other
commercial customers. In addition, Caribou Coffee licenses third
parties to use the Caribou Coffee brand on quality food and
merchandise items. Caribou Coffee focuses on creating a unique
experience for customers through a combination of high-quality
products, a comfortable and welcoming coffeehouse environment and a
unique style of customer service. For more information, visit the
Caribou Coffee web site at www.cariboucoffee.com Forward-Looking
Statements Certain statements in this release, and other written or
oral statements made by or on behalf of Caribou Coffee are
�forward-looking statements� within the meaning of the federal
securities laws. Statements regarding future events and
developments and our future performance, as well as management�s
current expectations, beliefs, plans, estimates or projections
relating to the future, are forward-looking statements within the
meaning of these laws. These forward-looking statements are subject
to a number of risks and uncertainties. Among the important factors
that could cause actual results to differ materially from those
indicated by such forward-looking statements are: fluctuations in
quarterly and annual results, incurrence of net losses, adverse
effects of management focusing on implementation of a growth
strategy, failure to develop and maintain the Caribou Coffee brand
and other factors disclosed in the Company�s filings with the
Securities and Exchange Commission. The Company undertakes no
obligation to update any forward-looking statements in order to
reflect events or circumstances that may arise after the date of
this release.
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