us 1/ – Diedrich Coffee reports fiscal 2007 results

IRVINE – Diedrich Coffee, Inc. announced operating results for its fiscal year ended June 27, 2007. For fiscal year 2007, the Company reported a net loss of $1,765,000, or $0.33 per share, compared to a loss of $7,796,000, or $1.47 per share, in fiscal year 2006. The net loss for the fourth quarter of fiscal year 2007 was $2,344,000, or $0.42 per share, compared to a net loss of $3,118,000, or $0.59 per share, for the fourth quarter of fiscal 2006.

Results for fiscal year 2007 include the after tax gain of $3,580,000, or $0.66 per share from the sale of the majority of its Diedrich Coffee and Coffee People company-operated locations and a loss from discontinued operations of $1,596,000, or $0.29 per share.

The net loss in fiscal year 2007 from continuing operations of $3,749,000, or $0.70 per share, compares to a net loss of $5,453,000, or $1.03 per share, from continuing operations in fiscal year 2006