ST. LOUIS Bakery-café operator and franchisor Panera Bread Co. said Wednesday that its first-quarter, per-share profit will come in "at or modestly below" prior projections because of "extreme weather" that reduced same-stores sales and negatively impacted margins, especially through food and labor costs. The company had expected to earn between 47 cents and 50 cents per share for the quarter ended March 27, which would have been flat to slightly up from year-earlier per-share profit ...

Register to view this article

It’s free but we need to know a little about you to continually improve our content.

Why Register?

Registering allows you to unlock a portion of our premium online content. You can access more in-depth stories and analysis, as well as news not found on any other website or any other media outlet. You also get free eNewsletters, blogs, real-time polls, archives and more.

 

Attention Print Subscribers:  While you have already been granted free access to NRN we ask that you register now. We promise it will only take a few minutes!
 

Questions about your account or how to access content? 

Contact: Brian Galletta (813) 627-6722 Brian.galletta@penton.com or Desiree Torres (813)-627-6792 Desiree.Torres@penton.com

Already registered? here.