NW CORPORATE RESULTS | Dollar figures in thousands, except per share; parentheses denote losses. Tully's Coffee Coffee retailer Dec. 30 Dec. 31 %...

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Dollar figures in thousands, except per share; parentheses denote losses.

Tully’s Coffee
Coffee retailer
Dec. 30 Dec. 31 %
3rd QTR 2007 2006 CHG
Profit ($2,423) ($2,767) +12.4
Per share (0.77) (1.20) +35.8
Net sales 19,625 16,049 +22.3
9 MOS 2007 2006 CHG
Profit ($7,899) ($7,374) -7.1
Per share (2.82) (3.27) +13.8
Net sales 54,625 46,565 +17.3
COMMENT: Same-store sales rose 8.8 percent from a year ago. The Seattle company has borrowed $10.6 million in two credit facilities, both of which are due before Sept. 1. By then, the company said it needs to raise equity capital, replace the credit facilities with others or renew them. Earlier this month, Tully’s said it had hired an investment bank to help evaluate options for the future, including raising capital and other possible sources of funding. Tully’s is not publicly traded but must make regulatory filings because it has thousands of shareholders.