2017 Q3 Release
Constant currency 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 rose by 12.6% to $30.1 million for the nine months to 31 December 2016 and by 11.5% to $10.4 million for the three-month period.
Store numbers increased 17.5% to 94 from 80 a year ago, and from 90 stores at the end of the September quarter. This growth is in line with the company’s target to extend the network to 100 stores by the end of the financial year.