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February 28, 2013
16:37 EDTBAGLEinstein Noah sees 60-80 system-wide opening is 2013
Sees 60 to 80 system-wide openings, including 15 to 20 Company-owned restaurants, 15 to 20 franchise restaurants, and 30 to 40 license restaurants in 2013. Sees 2013 capital expenditures of $20M-$22M. Sees 2013 cost of goods inflation of approximately 2%-3%, which the Company expects to be fully offset through efficiency initiatives.
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