Panera Bread (PNRA) Turnaround Taking Shape - Jefferies
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Wedbush Raises Panera (PNRA) PT to $250
April 28, 2016 9:09 AM EDTWedbush analyst, Nick Setyan, believes that Panera Bread (NASDAQ: PNRA) catering initiatives and national marketing are poised to sustain sales lifts ahead of expectations. No change to Outperform rating, while the price target goes to $250 from $240.
EPS of $1.56 was above $1.51 consensus, driven by 6.2% co-owned SSS growth vs. 5.4% consensus. 4.4% QTD comps are also trending above 4.2% Q2 consensus. Q2 guidance calls for EPS... More
Panera Bread (PNRA) Tops Q1 EPS by 6c; Raises Outlook
April 26, 2016 4:04 PM EDTPanera Bread (NASDAQ: PNRA) reported Q1 EPS of $1.56, $0.06 better than the analyst estimate of $1.50. Revenue for the quarter came in at $685.1 million versus the consensus estimate of $674.12 million. Q1 2016 Company-owned comparable net bakery-cafe sales up 6.2%
GUIDANCE:
Panera Bread sees FY2016... More
