date:Jul 26, 2012
Revenue for the quarter increased 18% to $530.59m, compared to $451.08m the previous year.
Panera Bread president and Co-CEO Bill Moreton said the 27% earnings growth in the second quarter is the ninth out of the last ten quarters where earnings growth has exceeded 20%.
Our strong comparable sales growth in the quarter of 7.1% is the direct result of our past and current investments in the quality of our food, marketing, operations, and customer experience, Moreton added.
System-wide comparable