Sales perk adult during Second Cup for initial time given 2015

Things might be perking adult during a Second Cup Ltd.

The coffee sequence says during a second entertain finished Jul 1 it had a 0.7 per cent boost in same-store sales — a pivotal sell metric measuring sales during locations open for during slightest a year.

That outlines a initial certain entertain given a fourth entertain of 2015.

The Mississauga, Ont.-based association embellished a net waste to $315,000 or dual cents per share from $441,000 or 3 cents per share in a same duration a year ago.

Revenue was down to $6.2 million from $7.8 million, yet it had 13 fewer cafes than it did final year.

Second Cup says it also skeleton to absolved itself of a debt after an agreement announced progressing this week to modify $8 million of debt into equity during $1.90 per share is finalized.

Article source: http://www.cbc.ca/news/business/second-cup-earnings-1.4235828?cmp=rss