RISE - Menu Monitor

Panera Bread Company reported for the fourth quarter ended December 26 revenues increased 25% to $233 million from
$186 million for the same period last year. Same-store sales grew 1.5%. (Company Release 1/4/07)
Panera Bread Company reported for January same-store sales increased 0.8%. (Company Release 1/31/07)
Panera Bread Co. reported for the fourth quarter ended December 26 net earnings rose 9.1% to $19 million from $17.4 million
for the same period last year. Revenues increased 25.2% to $233 million from $186.1 million. Same-store sales grew 4.1%.
(Company Release 2/8/07)
Panera Bread Company reported February same-store sales decreased 0.6%. (Company Release 3/7/07)
Panera Bread Company reported for the first quarter ended March 27, revenues increased 24% to $240 million from $194
million for the same period last year. Same-store sales decreased 0.2% for March. (Company Release 4/4/07)
Panera Bread has pulled Jay’s chips from its shelves. Jay’s Foods Inc. has been providing Kettle potato chips, a crunchier and
thicker chip, inside a Panera-branded bag. The potato chips were pulled because chips are not a core line for the restaurant.
(Suntimes.com 4/10/07)
Panera Bread reported its first-quarter per-share profit would be at or below its prior stock projections because of extreme
weather. The company expected to earn 47¢–50¢ per share for the quarter, compared to 47¢ for the same period last year.
(NRN Daily NewFax 4/6/07)
Panera Bread Co. expects its second-quarter profit to increase 7%–16% on improved same-store sales. The company expects
system-wide same-store sales to grow 3.5%–$4.5%. Panera also forecasts earnings of 47¢–51¢ per share. (Associated Press
4/25/07)
Panera Bread Co. reported April same-store sales increased 3.1% system-wide. Year-to-date sales, through April 24, grew
0.7%. The same-store sales report only included locations open for at least 18 months. (Company Release 5/2/07)
Panera Bread Company reported May same-store sales increased 1.2%. Company-owned same-store sales rose 1.1% and
franchised same-store sales grew 1.3%. The company also adjusted its growth target downward to 1.5% –2.5% from the
previous 3.5% –4.5% target. (Company Release 6/6/07)
Panera Bread sponsored two North Carolina events in June: the 2007 Komen NC Triangle Race for the Cure, which took
place on June 9, and the Raleigh Chamber of Commerce’s Executive Women’s Golf Tournament, on June 11. The chain is a
Gold Level sponsor of the Komen NC Triangle Race for the Cure and provided products and financial consideration equaling
$10,000. Panera is a hole sponsor for the Executive Women’s Golf Tournament. (Theopenpress.com 6/8/07)
Panera Bread has purchased 32 franchisee-operated units and the area development rights for a number of markets in Illinois
and Minnesota for $36 million in cash and liability assumptions. $34 million of the acquisition price was paid for in cash at the
time of closing, with the remaining balance to be paid with interest in one year. (QSRMagazine.com 6/24/07)
Panera Bread Co. reported June same-store sales rose 2.3%, including a 2.1% rise in company-owned locations and a 2.4%
increase at franchised units. For the quarter ended June 26, revenues grew 28% to $253 million from $197 million for the
same period last year. (Associated Press 7/5/07)
Panera Bread Co. reported for the second quarter ended June 27 net earnings fell 10% to $12.6 million from $14.1 million for
the same period last year. Revenues rose 28% to $253 million from $197.1 million. Same-store sales increased 2.1%.
(Associated Press 7/24/07)
Panera Bread Co.’s stock has fallen for each of the past eight months. Analysts blamed rising commodity prices, labor costs
and rising fuel costs for the decline. The company may raise prices and change its menu mix. (Seeking Alpha 7/30/07)
Panera Bread Co. reported July same-store sales increased 3.9% over the same time last year. The increase was 4.4% at
company-owned locations and 3.6% at franchised units. (Associated Press 8/1/07)
Panera Bread Co. reported August same-store sales rose 3.1% systemwide compared to year-before figures. Companyowned
location sales grew 4.1% and sales at franchised locations increased 2.5%. (Associated Press 9/5/07)
Panera Bread Co. expects its third-quarter earnings per share to be 35¢–37¢ on a reported 35% rise in revenue. Systemwide
sales increased 0.8% in September at locations open at least 18 months. (Businessweek.com 10/3/07)
Panera Bread Co. reported for the third quarter net earnings rose 9.2% to $11.9 million from $10.9 million for the same period
last year. Revenues increased 33% to $273.2 million from $204.9 million. Same-store sales grew 2.6%. (Associated Press
10/23/07)
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