date:Oct 25, 2012
Bakery cafe chain Panera Bread Co has reported a twenty-eight percent surge in third-quarter profits and raised its full-year forecast.
Missouri, USA-based Panera reported net income of $36.52 million ($1.24 a share), up from $28.85 million during the corresponding period last year. Revenue increased by 17% to $529.3 million and the firm reported solid net sales gains in both its company-owned cafes (6.2%) and franchised outlets (5.5%).
The results exceeded the expectations of a poll of analys