Bridgehead’s revenues continued to perk up in the second quarter as the Ottawa-based coffee retailer posted sales gains of more than 25 per cent compared with a year earlier.
In financial filings this week, parent company Aegis Brands said Bridgehead posted revenues of $4.07 million for the three-month period ending June 25, up from $3.2 million the previous year.
The chain said it has reopened all of its coffeehouses in the National Capital Region and recently launched a new licensed location at Ottawa International Airport. Overall, coffeehouse sales rose 29 per cent year-over-year to more than $3.6 million in the second quarter, while same-store sales increased 17 per cent in the same period.
OBJ360 (Sponsored)
Celebrating 10 years of the Ottawa REDBLACKS
Ottawa’s CFL team is celebrating its 10 year anniversary in 2024. Roger Greenberg tells us what it took to make the CFL’s capital city team a success.
If you build it, they will stay: Ending Ottawa’s biotech brain drain
The University of Ottawa’s Advanced Medical Research Centre will help stop the brain drain of talent.
Meanwhile, revenues from wholesale operations rose more than 11 per cent to $309,000. E-commerce sales fell to $130,000 from $153,000 the previous year.
Bridgehead recently began selling its products in 32 Longo’s supermarkets across Ontario, expanding a network that already includes more than 130 stores, including Costco, Farm Boy, Sobeys and Whole Foods locations in the province.
