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Panera Bread Co. Has Set A New High After Guidance Increase

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
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Panera Bread Co. (PNRA) announced after the bell Wednesday that fourth quarter Company-owned comparable bakery-cafe sales increased 7.4% on a calendar basis. The company now expects to report fourth quarter EPS between $0.94 and $0.95, including $0.05 per diluted share of non recurring charges.

Panera Bread gapped open sharply higher Thursday and is now up 4.61 at $73.00 on above average volume. The stock has broken out of a one-month trading range and has set a new high for the year.

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