853 Broadway
New York, NY 10003
(646) 728-0505
pret.com
Total Stores (US)
79
Systemwide Sales (US)
$201 million
Year Founded
1999
Trading Areas (US)
DC, IL, MA, NY
Senior Executives
CEO: Clive Schlee
President (US): Jo Brett
VP Operations (US): Pierce Horan
VP Finance + Real Estate (US): Mark Smith
SNAPFORWARD
UK-based Pret A Manger has reportedly brought JPMorgan Chase, among others, onboard in advance of a US IPO that may happen before the year is out. The company is on a roll, and US operations are no exception. Sales were up 16% in 2016, and CSG anticipates Pret USA to surpass the $230-million mark this year. The company has added six US locations since the beginning of the year, and we can expect another 10 or so before the end of 2017.