Panera Bread Co. reported on Monday that profit increased 5.1 percent in Dec. 31-ended fourth quarter, with net income rising to $54.2 million compared to $51.6 million in the prior-year period. The St. Louis, Mo.-based company, which owns and franchises 1,777 bakery-cafes, said systemwide same-store sales rose 1.1 percent during the quarter. Panera said in its earnings press release that same-store sales at company-owned units fell about 2.2 percent in the first 48 days of the first ...
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!
Questions about your account or how to access content?