Cooks Coffee Company (AQUIS:COOK NZE:CCC) Executive Chairman Keith Jackson joins DirectorsTalk Interviews to discuss a trading update in which it reported a strong sales performance for the year ended 31st December 2022.
Executive Chairman Keith Jackson reminds us of what the business does, expands on the strong sales growth during the year, how it’s driving sales volumes through its existing estate and a plan on a store expansion programme, updates us on how things are progressing with both Esquires and Triple Two Coffee and lets us know what investors can expect during 2023.
Cooks Coffee Company is building a business of ethical coffee brands with community spirit. Cooks is listed on the New Zealand Stock Exchange (NZX: CCC) and joined the Aquis Exchange in London in November 2022 under the ticker “Cook”. The Cooks franchise model promotes individual entrepreneurship and local community engagement.
Esquires Coffee was founded in 1993 in Vancouver and Cooks Coffee acquired the global rights (excluding Australia and New Zealand), focusing on operations in the UK and Ireland in 2013.
Triple Two Coffee was acquired in June 2020 and has an offering that is complementary to Esquires. Triple Two was founded in 2016 and it is currently one of the fastest-growing coffee-focused cafe brands in the UK.
Cooks Coffee Company and its subsidiary brands are committed to the highest standards of sustainability in all areas of the business with all coffee being derived from certified sources.
With Esquires and Triple Two, Cooks Coffee has 111 outlets across its 9 international markets at the end of December 2022.