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st7 wrote:dman7, we meeting up at the new starbucks and flexing?
DMan7 wrote:st7 wrote:dman7, we meeting up at the new starbucks and flexing?
Doh drink coffee but sure why not, we go meet up by Xtra Foods, tuner lime
st7 wrote:DMan7 wrote:st7 wrote:dman7, we meeting up at the new starbucks and flexing?
Doh drink coffee but sure why not, we go meet up by Xtra Foods, tuner lime
we inviting hovie too right?
st7 wrote:DMan7 wrote:st7 wrote:dman7, we meeting up at the new starbucks and flexing?
Doh drink coffee but sure why not, we go meet up by Xtra Foods, tuner lime
we inviting hovie too right?
pugboy wrote:what a combo fried chicken and sugar loaded chillers, paying rent anywhere
st7 wrote:duane is the official starbucks spotter?!
Prestige Holdings Ltd recorded a profit of $35.4 million last year turning around a $28 million loss in 2021.
The group says the financial year 2022 was one of significant recovery compared to the two previous years, as revenue increased by 55 per cent to $1.1 billion from $712 million in the previous year.
This resulted in a Profit Before Tax of $53.7 million compared to a Loss Before Tax of $31.7 million in 2021.
In his statement, chairman Christian Mouttet said during the period, the Group generated $165 million in Operating Cash Flow, repaid $38.3 million in debt, which reduced its total borrowings to $55.7 million and we ended the year with $95 million in cash.
“At year end we operated 129 restaurants with one new restaurant opening, one closure and no remodels or relocations during the period,” Mouttet said, as he detailed the company’s consolidated audited results for the 12 months ended November 30, 2022.
He also noted that all of its brands posted significant operational and financial improvements when compared to the two previous COVID-19 impacted years.
The group’s overall profitability at $54 million, was comparable to 2019, the last full year in which there were no COVID-19 restrictions.
Throughout 2022, Mouttet said the company continued to build on the innovation and progress that has been made in its digital, delivery and drive-thru channels and expect that these platforms to continue to drive growth going forward.
“The most significant challenge that our industry is currently experiencing is high, and in some cases increasing, food, packaging and operating costs, and the global supply chain disruptions that have caused this are expected to persist for some time,” Mouttet added.
These increases, he said have been material to business, noting that the company is working closely with its local and foreign suppliers to minimise the impact to its business and customers.
Looking forward, Mouttet said in 2023, the company expect to build on the progress made in the last year and also restart its new store and remodelling investment programme.
“Already in 2023, we have opened two new Starbucks restaurants at Brentwood and Aranguez, and will open a third in O’Meara in March.
“In April 2023, we will open our first Starbucks restaurant in Guyana at the Amazonia mall. Additional new stores in Trinidad are also planned during the financial year,” Mouttet added.
Rovin wrote:like trinis really so love ah starbucks they hadda 1 every few miles now ....
Rovin wrote:like trinis really so love ah starbucks they hadda 1 every few miles now ....
hover11 wrote:Lots of forex going around just not for the average trini
st7 wrote:DID ANYONE KNOW THERE'S SOMETHING CALLED A PUPPACINO THAT YOU GET FOR FREE FOR YOUR DOG IN THE CAR?!?!??!!
pugboy wrote:how many tuners are starbux cup owners?
Royalties not cheap , you paying for the name as wellmatix wrote:pugboy wrote:how many tuners are starbux cup owners?
I’m not an owner but I recently bought a couple cups for a cousin in Canada who wanted them. Freaking $350 for a mug and a hot beverage cup.
daring dragoon wrote:st7 wrote:DID ANYONE KNOW THERE'S SOMETHING CALLED A PUPPACINO THAT YOU GET FOR FREE FOR YOUR DOG IN THE CAR?!?!??!!
does it have one for when you have the outside woman in yuh car? everytime i with d stick chick she want starbucks. them young gyul does feel nice when yuh buy lil coffee and sandwich for them. i hope a double palm open close to all them rituals an starbucks.
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