Diedrich Coffee Is Weaker This Quarter
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Diedrich Coffee Inc. of Irvine reported a net loss of $1.8 million, or 29 cents a share, for the nine weeks ended June 30, an abbreviated period as the company modified its fiscal year. For the 13-week second quarter last year, the company lost $761,000, or 13 cents a share. Revenue was $4.3 million, compared with $6 million for the prior-year period. Diedrich moved the end of its fiscal year to June from January in connection with its acquisition last month of Coffee People Inc.
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