Caribou Coffee Posts Profits

November 4, 2009

The nation's largest publicly-traded coffee shop chain after Starbucks, Caribou posted a third-quarter profit of $654,000, an improvement from the third quarter a year ago, when it lost $8.7 million.

Net sales were up 3 percent to $62.7 million for the Brooklyn Center, Minn.-based chain, which ended the quarter with 525 shops. None are in Washington.

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