PROFILE |
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Tully's is hoping to brew up a little competition for that other Seattle coffee chain. Tully's Coffee, the #3 coffeehouse operator (behind Starbucks and Diedrich Coffee), operates some 120 locations in Washington and California. In addition to specialty blend coffees, its stores sell baked goods, pastries, and espresso, as well as coffee-related hardware and supplies. It also sells its products through wholesale channels and direct mail orders. Internationally, Tully's licenses more than 30 locations in Japan, Sweden, Singapore, and Taiwan. Chairman and CEO Tom O'Keefe owns about 15% of the company, which he founded in 1992. The company has agreed to acquire ten Marsee Baking stores in Oregon.
COMPETITION |
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Diedrich Coffee, Inc. (DDRX)
New World Coffee-Manhattan Bagel, Inc. (NWCI)
Starbucks Corporation (SBUX)
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FINANCIAL OVERVIEW |
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Fiscal Year-End: March
2000 Sales (mil.): 27.70
1-Yr. Sales Growth: 37.1%
Employees: 851
Revenue per employee: $32,549.94
KEY PEOPLE |
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Tom O'Keefe
CEO
Steve Griffin
CFO
CONTACT INFO |
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3100 Airport Way South
Seattle, WA 98134
US
Phone: 206-233-2070
Fax: 206-233-2077
Online: Web Site
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