Panera Profit Up 27 Percent in Q3

Photo courtesy of St. Louis Business Journal

Panera Bread Co. reported net income of $36.5 million in its fiscal third quarter ended Sept. 25, up 27 percent from the prior-year quarter, due to an increase in comparable store sales.

In the third quarter, company-owned comparable net bakery-cafe sales increased 6.2 percent, franchise-operated comparable net bakery-cafe sales increased 5.5 percent, and system-wide comparable net bakery-cafe sales increased 5.8 percent, compared to the same period last year. Read more on St. Louis Business Journal.

 

 

Related Article : Panera 2Q Earnings Jump 27% Over Last Year


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