Caribou Coffee Announces Third Quarter 2008 Earnings Call

Minneapolis--(BUSINESS WIRE)--Caribou Coffee Company, Inc. (Nasdaq:CBOU), the second largest company-owned gourmet coffeehouse operator in terms of coffeehouses, announced today that it will release financial results for 3Q 2008 (ended September 29, 2008) after the market close on Thursday, November 6, 2008. Management will host a conference call at 4:30 p.m. Eastern Time the same day as the earnings release.

The conference call will be webcast and can be accessed from the Investor Relations section of the Company's website at www.cariboucoffee.com.

To listen to a replay of the conference call, dial toll-free 888-203-1112 or 719-457-0820 for international callers and enter pin number 6247119. The replay will be available beginning at 7:30 p.m. Eastern Time on November 6, 2008 through 11:59 pm on November 13, 2008.

About the Company

Caribou Coffee Company, Inc., founded in 1992 and headquartered in Minneapolis, Minnesota, is the second largest company-owned gourmet coffeehouse operator in the United States based on the number of coffeehouses. As of June 29, 2008, Caribou Coffee had 490 coffeehouses, which includes 75 franchised locations. Caribou Coffee offers its customers high-quality gourmet coffee and espresso-based beverages, as well as specialty teas, baked goods, whole bean coffee, branded merchandise and related products. In addition, Caribou Coffee sells products to club stores, grocery stores, mass merchandisers, office coffee providers, airlines, hotels, sports and entertainment venues, college campuses and other commercial customers. In addition, Caribou Coffee licenses third parties to use the Caribou Coffee brand on quality food and merchandise items. Caribou Coffee focuses on creating a unique experience for customers through a combination of high-quality products, a comfortable and welcoming coffeehouse environment and a unique style of customer service. For more information, visit the Caribou Coffee web site at www.cariboucoffee.com .

Forward-Looking Statements

Certain statements made by or on behalf of Caribou Coffee during the conference call are "forward-looking statements" within the meaning of the federal securities laws. Statements regarding future events and developments and our future performance, as well as management's current expectations, beliefs, plans, estimates or projections relating to the future, are forward-looking statements within the meaning of these laws. These forward-looking statements are subject to a number of risks and uncertainties. Among the important factors that could cause actual results to differ materially from those indicated by such forward-looking statements are: fluctuations in quarterly and annual results, incurrence of net losses, adverse effects of management focusing on implementation of a growth strategy, failure to develop and maintain the Caribou Coffee brand and other factors disclosed in the Company's filings with the Securities and Exchange Commission. The Company undertakes no obligation to update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.

SOURCE: Caribou Coffee Company, Inc.

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