The company, which only joined AIM in June, said it “traded strongly” in the first six months of its financial year, boosted by a record number of new store openings and a continued rise in average sales per store.
As a result, Cake Box now expects to report a 40% rise in revenues to £8.3mln for the six months ended September 30.
More importantly, the £70mln retailer, which has 102 stores across the UK, reckons its full-year results will be ahead of expectations following the solid opening six months.
“We have delivered a strong trading performance for the period, during which we successfully completed our IPO in June,” said chief executive Sukh Chamdal.
“We continue to build momentum with a record number of new franchise store openings, and an increase in the average sales per store.”
He added: “We look forward to the second half of the financial year with confidence, with a strong pipeline of new franchise stores putting us on track to match the number of stores opened during the first half.”
The full set of half-year results are due to be reported on November 26.
Shares were up 7.6% to 176p on Monday morning.