date:Oct 25, 2012
ts who were expecting earnings of $1.19 a share on revenue of $522.45 million.
Operating margin was up about 80 basis points to 11.3% as the firm recorded improved bakery-cafe margins from sales leverage. However, margin growth was partially offset by lower margins for fresh dough and product sales to franchisees.
These strong results are reflective of the continued investments we are making in the quality of our food, marketing, and operations, which we believe are resulting in a better and d