Cooks Coffee brews strong Q4, sales up 35%
Cooks Coffee Company (NZX:CCC) has announced a strong Q4 performance driven by its Esquires coffee chain in the UK and Ireland. Group store sales for the quarter rose by 35% to NZ$21.1 million, compared to NZ$15.8 million in the same period last year. Full-year group store sales reached NZ$78.0 million, marking a 26.4% increase over the previous year's 53-week trading period. The company highlighted continued growth in operating cash flow and expansion of its estate, now comprising 89 sites, up from 75 in the previous year. Cooks Coffee also secured the 2025 EU Business Irish Enterprise Award for Organic Coffee Shop Enterprise of the Year. Further bolstering its financial position, the company has refinanced its group debt with the Bank of New Zealand, reducing finance costs and providing additional funding for strategic initiatives. Cooks Coffee is aiming to surpass 100 stores by the end of the calendar year.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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