Panera Bread Company Reports Q3 2016 Results
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Panera Bread (PNRA) Tops Q3 EPS by 3c; Raises Outlook
October 25, 2016 4:04 PM EDTPanera Bread (NASDAQ: PNRA) reported Q3 EPS of $1.37, $0.03 better than the analyst estimate of $1.34. Revenue for the quarter came in at $684.2 million versus the consensus estimate of $680.5 million.
Q3 2016 Company-owned comparable net bakery-cafe sales up 3.4%, up 7.2% on a two-year basis
GUIDANCE:
Panera Bread sees FY2016 EPS of $6.67-$6.72, versus the consensus of $6.68.
Ron Shaich, Chairman and CEO, commented, Many years ago we foresaw the forces reshaping the restaurant industry and... More
