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Panera Bread Q2 net income up 27%
date:Jul 26, 2012
net bakery-cafe sales increased 5.9%. While the company-owned comparable net bakery-cafe sales rose 7.1%, franchise-operated comparable net bakery-cafe sales increased 4.8%.
Bakery-cafe sales increased 18% to $469m, which represents 88.3% of total revenues. Franchise royalties and fees rose 7.6% to $25m. Fresh dough and other product sales to franchisees grew 11% to $37m.
Panera Bread Company owns and franchises 1,591 bakery-cafes under the Panera Bread, Saint Louis Bread Co, and Paradise Bakery

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