Profit and revenue in 2Q increase by double digits
Panera Bread Co. raised its full-year fiscal 2010 outlook on Tuesday after reporting a 33-percent jump in net income for the second quarter, and a 14-percent jump in revenue from increased same-store sales and the addition of new locations. For the quarter ended June 29, Panera earned $26.7 million, or 85 cents per share, compared with income of $20 million, or 65 cents a share, in the same quarter a year ago. The Richmond Heights, Mo.-based operator and franchisor of fast-casual ...
Register to view this article
It’s free but we need to know a little about you to continually improve our content.
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!