The company also announces fourth quarter operating statistics showing strong sales1 growth across its global store network as it benefits from growth in store numbers and a particularly strong same-store sales performance in Ireland and the United Kingdom.
Esquires Coffee total network sales - a leading indicator of the revenue Cooks expects to generate from design fees (new stores) and recurring revenues, such as royalties, coffee product and other retail sales - were $9.7 million for the three-months to the end of March 2017, up 15.6% over the same period a year ago.