Panera (PNRA) Hurt by Slowdown in High-End Consumer - ITG

December 17, 2013 10:16 AM EST
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Panera (Nasdaq: PNRA) might miss Q4 consensus revenue estimates as high-end consumers slow, thinks ITG. ITG sees Q4 revenue at $655 million vs consensus of $663.68 million based on quarter-to-day sales trends. Systemwide comp sales are seen flat to up 1% vs the consensus of up 1.4%.


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