The Ledger, every show
Every statement that passed quotation and attribution checks, across all 44 shows. Pick shows below, then mix any filter with any other.
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every show 44 of 44
Cole: Cinnabon forfeited millions in EBITDA to restore franchisee trust
“We killed the initiative. We walked away from millions, millions in EBITDA. It was devastating for the company and the budget, but it was the only option to preserve the relationship with my franchisees”
AG1 bootstrapped to $160 million in revenue before raising outside capital
“When I joined we were doing, at the end of that year, we did around a hundred and sixty million. It's the only time we've revealed revenue numbers.
[3960] Jeff Berman: All direct to consumer.
[3961] Kat Cole: One product.
[3962] Jeff Berman: Yep.
[3962] Ka…”
Cole: Cinnabon launched Minibons in 7,000 Burger King locations
“Just a few months later, we had the opportunity to put an even more optically competitive product, a minibon, in 7000 Burger Kings. And when I went to the franchisees now with better systems and better communication to tell them about this opportunity, while t…”
Cole: US franchise law prohibits franchisors from mandating retail prices in most cases
“And oh, by the way, and franchising in the United States, in most cases, it is illegal to mandate pricing.”
Kat Cole secured Executive MBA recommendation letters from 10 CEOs
“I went and got 10 CEOs to write recommendation letters famously including Ted Turner, because he had run Ted's Montana Grill as one of the smaller of his accomplishments, but that's where we interacted because I was head of the Georgia Restaurant Association.”
CPG innovation drove Cinnabon to over $1 billion in annual sales
“I went from managing a brand that everyone knew, Cinnabon, with tens of thousands of employees and this beautifully expressed brand, now well over a billion in annual sales. That we had grown in just a few years out of the recession. Both the core business and…”
Opening Hooters in Quebec was Kat Cole's toughest international market launch
“It was the toughest time in building trust and relationships I had in any country, anywhere in the world, out of 80 countries, because of this, one, it was a pattern of American brands entering the space without the respect and partnership, so there was just t…”
Alcohol accounted for only 18% of gross sales at Hooters
“I think our percentage of alcohol of gross sales was like, 18%. It's quite low, lower than TGI Fridays at the time”
Kat Cole led Hooters' international franchise launches at age 19
“By the third international opening, I was asked to start leading the teams. I was still 19. This all happened in a series of quarters back to back.”
Hooters generated up to $800 million annually during Kat Cole's vice presidency
“And I became a vice president at Hooters that was doing, you know, seven, eight hundred million in, In annual revenue at the time.”
Kat Cole: The Gulf is Cinnabon's largest market outside the US
“The Gulf is the largest market outside the U.S. For Cinnabon.”