Wednesday, April 29, 2009

Panera Bread first quarter earnings

Panera Bread Reports Q1 EPS of $0.57, up 39% over Q1 2008
HIGHLIGHTS
- Q1 2009 operating profit up 36% over Q1 2008
- Comparable system-wide bakery-cafe sales increased 0.7% in Q1 2009
- Q1 2009 Company-owned new unit AWS of $41,922
- Q2 2009 EPS target set at $0.62 to $0.66 (up 19% to 27% versus Q2 2008)
- FY 2009 EPS target re-affirmed at $2.55 to $2.71 (up 15% to 22% versus FY 2008)

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