Caribou Coffee Company, Inc. (NASDAQ:CBOU), the second largest company-owned premium coffeehouse operator in the United States based on the number of coffeehouses, announced today that it will release financial results for its first quarter after the market close on Thursday, May 5, 2011. Management will host a conference call at 4:30 p.m. Eastern Time the same day as the earnings release.

Listeners may also access the call by dialing (800) 946-0709 or (719) 325-2320 for international callers. A replay of the call will be available until Thursday, May 12, 2011, by dialing (877) 870-5176 or (858) 384-5517 for international callers; the password is 2306179.

The conference call will be webcast and can be accessed from the Investor Relations section of the Company’s website at www.cariboucoffee.com.

Presentation at the RW Baird 2011 Growth Stock Conference

Management also announced today that it will present at the RW Baird 2011 Growth Stock Conference at The Four Seasons Hotel in Chicago, Illinois on Tuesday, May 10, 2011 at 10:15 a.m. Eastern Time.

The investor presentation will be webcast and can be accessed from the Investor Relations section of the Company’s website at www.cariboucoffee.com.

About the Company

Caribou Coffee Company, Inc., founded in 1992 and headquartered in Minneapolis, Minnesota, is the second-largest company-owned premium coffeehouse operator in the United States, based on the number of coffeehouses. Caribou Coffee was named a J.D. Power 2011 Customer Service Champion and is one of only 40 companies so named in the U.S. As of January 2, 2011, Caribou Coffee had 410 company-owned coffeehouses and 131 franchised and licensed locations. The Company’s coffeehouses aspire to be the community place loved by guests who are provided an extraordinary experience that makes their day better. Caribou Coffee provides the highest quality handcrafted espresso-based beverages, foods and coffee lifestyle items with a unique blend of expertise, fun and authentic human connection in a comfortable and welcoming coffeehouse environment. In addition, Caribou Coffee’s unique coffees are available within grocery stores, mass merchandisers, club stores, office coffee and foodservice providers, hotels, entertainment venues and e-commerce channels. Caribou Coffee is a proud recipient of the Rainforest Alliance Corporate Green Globe Award and is committed to operating practices that promote sustainability and environmental protection. For more information, visit the Caribou Coffee website at cariboucoffee.com.

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