Panera Bread (PNRA) Guides Lower

June 6, 2007 7:11 AM EDT
Panera Bread Company (Nasdaq: PNRA) said system-wide comparable bakery-cafe sales increased 1.2% for the five weeks ended May 29, 2007.

Additionally, the Company today adjusted its second quarter 2007 system-wide comparable bakery-cafe sales growth target to 1.5% to 2.5% from 3.5% to 4.5%.

The Company is also issuing a revised second quarter 2007 earnings per diluted share target of $0.38 to $0.40, versus the consensus of $0.49.

You May Also Be Interested In





Related Categories

Guidance, Hot List, Retail Sales