Panera Bread (PNRA) Tops Q2 EPS by 4c, Total Comps Increase 2.3%
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Panera Bread Company Reports Q2 2016 Results; Company-owned Comparable Net Bakery-Cafe Sales Increased 4.2%; Raises Mid-Point of FY 2016 Non-GAAP EPS Target
July 26, 2016 4:01 PM EDTST. LOUIS, July 26, 2016 (GLOBE NEWSWIRE) -- Panera Bread Company (NASDAQ: PNRA) today reported financial results for fiscal Q2 2016.
HIGHLIGHTS
Q2 2016 Company-owned comparable net bakery-cafe sales up 4.2%, up 6.6% on a two-year basisQ3 2016 (first 27 days) Company-owned comparable net bakery-cafe sales up 3.1%, up 7.8% on a two-year basisQ2 2016 GAAP Diluted EPS of $1.46, down 9%Q2 2016 Non-GAAP Diluted EPS (excluding refranchising charges) of $1.78, up 11%Company raises mid-point of FY 2016 Non-GAAP EPS target; full year... More