Who doesn't crave cookies at 2 a.m.? The late-night cookie concept, which grew sales by nearly 26% last year, has generated quiet growth not only with its nighttime hours, but also by delivering those cookies. The company, founded in 2003 by a University of Pennsylvania student, has grown enough that last year it sold a majority stake to Krispy Kreme. It became the latest acquisition by an affiliate of European investment firm JAB Holding Co.
2018 Systemwide Sales ($000,000) | $39* |
---|---|
YOY Sales Change | 25.9% |
2018 U.S. Units | 155 |
YOY Unit Change | 19.2% |
2018 Average Unit Volume ($000) | $280* |
Future 50 Year | 2019 |
Franchising | No |
*Technomic estimate
For more insights from Technomic as well as Technomic’s analysis, growth forecast and more: