Coffee People's First Quarter Results Reflect Expansion; Company Announces Acquisition of 15 Stores in Arizona.

Business WireApril 22, 1997

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Coffee People's First Quarter Results Reflect Expansion; Company Announces Acquisition of 15 Stores in Arizona.

PORTLAND, Ore.--(BUSINESS WIRE)--April 22, 1997--Coffee People, Inc. (NASDAQ: MOKA), a specialty coffee retailer and operator of coffee houses, today reported a loss of $.06 per share for the quarter ended March 31, 1997 on higher revenue of $3.2 million. The company also announced that it has a definitive agreement to acquire 15 Cof...

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