Union Co-operative Store Bakery

Otis Spunkmeyer, the #1 Foodservice Cookie Brand, Unveils Melt-in-Your-Mouth Individually Wrapped Brownie for In-Store Bakery, Foodservice, C-Stores, and Vending

Retrieved on: 
Tuesday, June 27, 2023

Sweet lovers will be rejoicing before they even take the first bite of the decadent, fudgy brownie.

Key Points: 
  • Sweet lovers will be rejoicing before they even take the first bite of the decadent, fudgy brownie.
  • In addition to launching the new individually wrapped brownie, Otis Spunkmeyer recently expanded its line-up of individually wrapped cookies with the addition of two new 4oz flavors: Double Chocolate Caramel and Apple Cinnamon Oat.
  • The new individually wrapped baked goods from Otis Spunkmeyer are available through distributors and continue to expand Otis Spunkmeyer's individually wrapped portfolio, which also includes muffins (2.5oz, 4oz and 6.5oz) and loaf cakes (4oz).
  • Otis Spunkmeyer Individually Wrapped Double Chocolate Caramel Cookie, 4.0 oz
    Otis Spunkmeyer Individually Wrapped Apple Cinnamon Oat Cookie, 4.0 oz

Tims China Announces First Quarter 2023 Financial Results

Retrieved on: 
Tuesday, May 30, 2023

Mr. Yongchen Lu, CEO & Director of Tims China, commented, “We are pleased to have set a new record for quarterly revenues while achieving positive adjusted store EBITDA in the first quarter of 2023.

Key Points: 
  • Mr. Yongchen Lu, CEO & Director of Tims China, commented, “We are pleased to have set a new record for quarterly revenues while achieving positive adjusted store EBITDA in the first quarter of 2023.
  • As a result, the number of delivery and takeaway orders in the first quarter of 2023 increased by 74.2% from the same quarter in 2022.
  • Basic and diluted net loss per ordinary share was RMB1.25 (USD0.18) in the first quarter of 2023, compared to RMB1.21 in the first quarter of 2022.
  • Adjusted basic and diluted net loss per ordinary share was RMB0.84 (USD0.12) in the first quarter of 2023, compared to RMB0.93 in the first quarter of 2022.