Dallas — Smoothie King has provided its third-quarter brand update, posting record sales during period 7, marking its highest sales period in its 50-year history. The surge was driven largely by record-breaking digital sales and new product innovation. Additionally, the brand reported a 13% increase in same-store sales year over year at completion of the quarter, 60 openings year-to-date and expansion within its home market of Dallas-Fort Worth, as well as signing its first agreements in Boston.
“We are proud of achieving record-breaking sales and can attribute a lot of the success to menu innovation and the great work of our franchise owners and team members,” says Wan Kim, chief executive officer at Smoothie King. “Both have propelled our growth.”
Smoothie King continues to accelerate the growth of its pipeline, signing 68 franchise development agreements in the third quarter to bring stores to new and existing markets.
Smoothie King Franchises, Inc. is a privately held, Dallas-based franchise company with more than 1,350 locations worldwide. It was founded in 1973. For more information, visit www.smoothiekingfranchise.com.
SOURCE: Smoothie King Franchises, Inc.