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Freshii Inc (FRII.TO)

FRII.TO on Toronto Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Freshii Inc Q4 Same-Store Sales Growth 6.4 Pct
Thursday, 22 Feb 2018 07:00am EST 

Feb 22 (Reuters) - Freshii Inc ::FRESHII INC. ANNOUNCES FOURTH QUARTER AND FISCAL 2017 RESULTS.FRESHII INC - SAME-STORE SALES GROWTH FOR Q4 2017 WAS 6.4%, BUILDING ON SAME-STORE SALES GROWTH OF 7.7% FOR 13-WEEK PERIOD DECEMBER 25, 2016.FRESHII INC - COMPANY REITERATES ITS OUTLOOK FOR 2019.  Full Article

Freshii Inc Says Q4 Same Store Sales Rose 6.4 Percent
Wednesday, 24 Jan 2018 08:00am EST 

Jan 24 (Reuters) - Freshii Inc ::Q4 SAME STORE SALES ROSE 6.4 PERCENT.SYSTEM-WIDE SALES INCREASED 42% IN Q4 2017 AS COMPARED TO Q4 2016, TO APPROXIMATELY US$37.4 MILLION.RELEASES PRELIMINARY Q4 AND FISCAL 2017 SALES AND OPENINGS RESULTS.  Full Article

Freshii Inc Says Has Released An Open Letter To Subway
Wednesday, 17 Jan 2018 08:00am EST 

Jan 17 (Reuters) - Freshii Inc ::FRESHII INC SAYS HAS RELEASED AN OPEN LETTER TO SUBWAY (DOCTOR'S ASSOCIATES INC).FRESHII, IN OPEN LETTER TO SUBWAY, ASKS SUBWAY TO EXPLORE PARTNERSHIP WITH CO, TO CONVERT SELECT SUBWAY STORES TO FRESHII RESTAURANTS.  Full Article

Freshii Inc says Michael Allen Has Resigned As Director
Friday, 1 Dec 2017 06:00am EST 

Dec 1 (Reuters) - Freshii Inc ::FRESHII INC - MICHAEL ALLEN HAS RESIGNED AS A DIRECTOR OF COMPANY.FRESHII - ALLEN WAS REQUIRED TO TENDER HIS RESIGNATION "SOLELY AS A RESULT OF A CHANGE IN CIRCUMSTANCES RELATED TO HIS PERSONAL BUSINESS INTERESTS".FRESHII INC - ALLEN INTENDS TO REMAIN ENGAGED WITH FRESHII IN SOME CAPACITY GOING FORWARD.  Full Article

Freshii announces qtrly total revenue $4.5 million
Thursday, 2 Nov 2017 06:30am EDT 

Nov 2 (Reuters) - Freshii Inc :Freshii Inc. announces third quarter fiscal 2017 results.Freshii Inc - ‍Same-store sales growth for 13 week period ended September 24, 2017 was 5.1%​.Freshii Inc - ‍Company raised same-store sales growth outlook to "approximately 5%" for fiscal 2017​.Freshii Inc - Sees ‍system-wide sales growing to between $275 million and $285 million by end of fiscal 2019​.Freshii Inc - ‍Starting with Q1 of 2018, company will no longer add locations opened on an enhanced openings basis to its store opening count​.Freshii Inc - ‍Still expect to achieve between 90 and 95 net new openings in fiscal 2017​.Freshii Inc - Qtrly total revenue $4.5 million versus $4.2 million ‍​.Freshii Inc qtrly ‍net loss $988,000 versus income of $601​,000 last year.Q3 revenue view $4.7 million -- Thomson Reuters I/B/E/S.Freshii Inc qtrly ‍adjusted net income $327,000 versus $893​,000.  Full Article

Freshii Inc posts Q2 net loss of $0.01 per share
Thursday, 3 Aug 2017 08:00am EDT 

Aug 3 (Reuters) - Freshii Inc :Announces second quarter fiscal 2017 results.Qtrly total revenue $4.65 million versus $4.72 million.Sees fy 2017 annual same-store sales growth for all system-wide stores in range of 3.0% to 4.0%.Same-store sales growth for 13 week period ended june 25, was 4.2%, compared to 7.0% for 13 week period ended june 26, 2016​.Qtrly net loss $0.01 per share.Qtrly pro forma adjusted net income ‍$0.05 per diluted share​.  Full Article

Freshii expands into New York City under Walgreens name​
Monday, 10 Jul 2017 09:00am EDT 

July 10 (Reuters) - Freshii Inc :Freshii Inc - ‍announced expansion of brand into New York City under Walgreens name​.  Full Article

Freshii announces purchase of MHD LLC
Thursday, 22 Jun 2017 08:35am EDT 

June 22 (Reuters) - Freshii Inc :Freshii inc. Announces purchase of mhd, llc - holder of chicago master franchise agreement.Freshii inc - purchase price of usd$4.15 million.Freshii inc - master franchise agreement includes current franchise network and future development rights for chicago metro area.  Full Article

Freshii Q1 same store sales rose 6.4 percent
Thursday, 4 May 2017 07:00am EDT 

May 4 (Reuters) - Freshii Inc ::Freshii inc. Announces first quarter fiscal 2017 results.Q1 same store sales rose 6.4 percent.Q1 adjusted pro forma earnings per share $0.03.Q1 loss per share $0.03.Q1 revenue rose 25 percent to $4.0 million.Q1 earnings per share view $0.03, revenue view $4.1 million -- Thomson Reuters I/B/E/S.Freshii Inc- for fiscal 2017 targeting 150 to 160 net new franchised store openings to reach 430 to 440 system-wide stores by end of fiscal 2017.Freshii Inc- for fiscal 2017 targeting annual same-store sales growth for all system-wide stores in range of 3.0 pct to 4.0 pct.  Full Article

Freshii qtrly loss per share $0.02
Wednesday, 22 Mar 2017 07:00am EDT 

Freshii Inc : Freshii inc. Reports financial results 13 and 52 week periods ended december 25, 2016 . Qtrly system-wide same-store sales growth increased 7.7% . Qtrly total revenue increased 25% to $4.0 million compared to $3.2 million in prior year . Qtrly loss per share $0.02 . Qtrly pro forma adjusted net income $0.04 per diluted share . Sees 2017 annual same-store sales growth for all system-wide stores in range of 3.0% to 4.0% . Freshii - increasing store count by 150 to 160 net new franchised stores in fiscal 2017 to reach 430 to 440 system-wide stores by end of fiscal 2017 .Q4 earnings per share view $0.03, revenue view $4.2 million -- Thomson Reuters I/B/E/S.  Full Article