Panera Bread Company, together with its subsidiaries, owns, operates, and franchises retail bakery-cafes. The company operates through three segments: Company Bakery-Cafe Operations, Franchise Operations, and Fresh Dough and Other Product Operations. It operates bakery-cafes under the Panera Bread, Saint Louis Bread Co., and Paradise Bakery & Café names that offer daily baked goods, including freshly baked bagels, breads, muffins, scones, rolls, and sweet goods; made-to-order sandwiches on freshly baked breads; soups; freshly prepared and hand-tossed salads; pasta dishes; and custom roasted coffees and cafe beverages, such as hot or cold espresso and cappuccino drinks and smoothies through on-premise sales, as well as provides catering services. The company also supplies fresh dough, produce, tuna, cream cheese, and proprietary sweet goods items. As of April 26, 2016, it operated 916 company-owned bakery-cafes and 1,081 franchise-operated bakery-cafes in the United States, the District of Columbia, and Ontario. The company was formerly known as Au Bon Pain Co., Inc. and changed its name to Panera Bread Company in August 1998. Panera Bread Company was founded in 1981 and is based in St. Louis, Missouri.
Reported after close today (10/25/16) Earnings: EPS $1.37 Revenue $684.2M Estimates: EPS $1.34 Revenue $680.5M Up 5.49% after hours
Goldman says buy Panera despite 'challenging year' ahead for restaurants - $PNRA -http://bit.ly/2iNS4PM
JAB to buy Panera Bread for $7.5B http://www.seekingalpha.com/news/3255581 Don't know why I got this alert, I wasn't following PNRA... But I'm sure someone here could find this news useful
Shares of Panera Bread ($PNRA) moved sharply higher in pre-market trading after the restaurant chain agreed to be acquired by JAB for $315 per share in cash.
Panera Bread grew into one of America’s biggest chain of bakery-café restaurants offering bakery items, pasta, salads, sandwiches and soups. During its years as a public company, Panera was the best performing restaurant stock gaining over 8,000%. Let’s take a look at how they pulled that off.