Browse the latest corporate news from Panera Bread.
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May 8, 2012 - St. Louis, MO - Panera Bread announced today that it has chosen Cramer-Krasselt as its new creative agency following an agency review.
“We are very pleased to move forward with Cramer-Krasselt,” said Michael Simon, Senior Vice President and Chief Marketing Officer, Panera Bread. “We believe evolving to a more elevated message that better captures Panera’s soul can build deeper affinity with our customers and as a result create competitive advantage. As a purpose-driven brand, we believe Panera has the opportunity to shift the dialogue and move from being a brand that is preferred, to one that is truly loved. C-K demonstrated they have the ability to help us express our core reason for being and break through with their creative approach...
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ST. LOUIS, MO--(Marketwire - Apr 24, 2012) - Panera Bread Company (NASDAQ: PNRA)
HIGHLIGHTS
Q1 2012 Company-owned comparable net bakery-cafe sales up 7.5%
Q1 2012 Revenue increased 18% to $499 million
Q2 2012 EPS target set at $1.40 to $1.43 (up 19% to 21% versus Q2 2011)
FY 2012 EPS target increased to $5.58 to $5.63 (up 23% to 24% versus FY 2011)
Panera Bread Company (NASDAQ: PNRA) today reported net income of $41 million, or $1.40 per diluted share, for the fiscal first quarter ended March 27, 2012. The first quarter of fiscal 2012 results compare to net income of $33 million, or $1.09 per diluted share, for the fiscal first quarter ended March 29, 2011, and represent a 28% year-over-year increase in diluted earnings per share...
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Student Video and Essay Contest Recognizes Southwest Ohio's Outstanding Educators with $1,000 School Grant and Tablet
CINCINNATI, April 23, 2012 /PRNewswire/ -- Panera Bread announces Panera's Top Teachers video contest. Students are encouraged to submit nominations for outstanding teachers at PaneraTopTeachers.com from April 6 – May 1; winners will be announced during National Teacher Appreciation Week, May 7-11, 2012. Panera's Top Teachers aims to support local schools, as part of Panera Bread's dedication to supporting local communities.
Students ranging from preschool through 12th grade may upload a short video – one minute or less – to PaneraTopTeachers.com, explaining why their teacher deserves to be one of Panera's Top Teachers...
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ST. LOUIS, MO, April 17, 2012 - Panera Bread Company (NASDAQ: PNRA) announced today that John Maguire has resigned as Executive Vice President and Chief Operating Officer effective May 31, 2012 to become the Chief Executive Officer of Friendly's Ice Cream LLC. The Company also announced that it has appointed Charles Chapman, III Executive Vice President of Development and Business Development & Licensing to Chief Operating Officer, effective the same date.
“While we are disappointed to see John leave after so many years of valuable service with the Company, we want to thank him for all of his many contributions to Panera's success and we wish him well in his new position,” commented Bill Moreton, President and Co-Chief Executive Officer of Panera Bread Company...
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April 11, 2012 // Franchising.com // ST. LOUIS, MO - Panera Bread Company (NASDAQ: PNRA) announced that its Board of Directors has appointed Thomas Patrick Kelly Interim Chief Financial Officer, effective April 9, 2012. Mr. Kelly will report to Bill Moreton, President and Co-Chief Executive Officer, and is serving as Interim CFO while the Company searches for a permanent CFO.
As interim CFO, Mr. Kelly will manage the Company's finance and accounting departments. Mr. Moreton will continue to be the primary contact with the investment community during the search for our new CFO.
"We are pleased to announce the addition of Patrick to Panera's senior management team as Interim CFO," commented Bill Moreton. “As an experienced financial executive with over 10 years of CFO and CEO experience on both a permanent and interim basis in various industries ranging from airlines to manufacturing to technology, Patrick provides Panera with the expertise and experience we are looking for during this transition...
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March 16, 2012 // Franchising.com // ST. LOUIS – Panera Bread Company (NASDAQ: PNRA) has announced that Founder and Executive Chairman, Ron Shaich, and President and Chief Executive Officer, Bill Moreton, will become co-CEOs, effective immediately.
The transition to co-CEOs formalizes a relationship that has evolved over the last year and is a reflection of the way in which Shaich and Moreton have been operating as partners. This change in titles is simply a statement of their partnership and shared commitment to Panera.
Effective today, each individual’s formal title will be as follows: Ron Shaich, Chairman of the Board and co-CEO; Bill Moreton, President and co-CEO.
Comment from Bill Moreton: “This is the kind of partnership with Ron that I’ve always wanted...
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Former and Current NFL Players Keyshawn Johnson, Reggie Bush, Dennis Northcutt, Anthony Henry and Terence Newman Continue Panera's expansion with first location in Santa Barbara, Seventh Along Central Coast
SANTA BARBARA, Calif., Feb. 27, 2012 /PRNewswire/ -- Panera Bread will open its first Santa Barbara bakery-cafe on Saturday, March 3, co-owned by former USC All-American and NFL football star, and current ESPN broadcaster Keyshawn Johnson. The newest bakery-cafe is located in La Cumbre Plaza at 3851 State Street in Santa Barbara, CA. This is the seventh location to open in the Central Coast area.
With its identity rooted in handcrafted, freshly-baked, artisan bread, Panera Bread is committed to providing great tasting, quality food that people can trust...
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WASHINGTON, DC--(Marketwire - Feb 15, 2012) -
What:
Panera Bread company and franchise associates, representing over 1,500 bakery-cafes across North America and in Canada, have come together this week in the Washington, DC-area for Panera's Family Reunion. A highlight of their time together will be to work with local children to encourage healthy, active lifestyles.
Family Reunion attendees will band together for an afternoon of fun, role modeling, and giving back to its host city. In keeping with a Panera tradition of supporting the local community where the Reunion is being held, on Wednesday, February 15, more than 2,000 people will participate in an interactive event with 300 elementary school children from the Fort Foote Elementary School in Fort Washington, MD...
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Opens in Manhattan with Plans for Four Bakery-Cafes in 2012
February 08, 2012 // Franchising.com // ST. LOUIS, MO – Panera Bread (Nasdaq: PNRA) announced the opening of its 1,500th bakery-cafe and its first in Manhattan.
The Company’s new location opened today at 330 Seventh Avenue at 29th Street. As well, Panera Bread announced three other Manhattan bakery-cafes that it expects to open in 2012. They will be located on East 86th Street, Fifth Avenue at 40th Street and Union Square.
“We are thrilled to be celebrating two milestones today – the opening of our 1,500th bakery-cafe, as well as Panera’s entry into the food mecca that is Manhattan,” commented Ron Shaich, Panera Bread Founder and Executive Chairman...
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Panera Bread's 'Soup for the Soul' Campaign to Benefit Kids Against Hunger
CINCINNATI, Feb. 8, 2012 /PRNewswire/ -- Panera Bread is hosting the second annual Soup for the Soul campaign to benefit Kids Against Hunger. Throughout February at all southwest Ohio bakery-cafes, a portion of soup in a bread bowl sales will be donated to Kids Against Hunger, a family friendly program providing nutrient rich meals to local children and children in need around the world.
From February 1 – February 29 all southwest Ohio bakery-cafes will be participating in Soup for the Soul. Panera Bread guests will be encouraged to upgrade their soup purchases in order to help make a donation to Kids Against Hunger. Panera Bread has a variety of 10 soups on the menu, including the new All-Natural Sonoma Chicken Stew with Dry Jack Cheese Biscuit...
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St. Louis, MO, January 10, 2012 – Panera Bread Company (Nasdaq: PNRA) will report its fourth quarter and full year fiscal 2011 results after the market close on Tuesday, February 7, 2012.
The Company will discuss its fourth quarter and full year fiscal 2011 results on a call that will also be broadcast on the Internet at 8:30 AM Eastern Time on Wednesday, February 8, 2012.
The conference call dial in number is (888) 378-4350 with a participant code 7577492 or you may access the call and view a copy of the release at the Panera Bread website at http://www.panerabread.com/investor. Access to the call will be archived for two weeks.
About Panera Bread Company
Panera Bread Company owns and franchises 1,504 bakery-cafes as of September 27, 2011 under the Panera Bread®, Saint Louis Bread Co...
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ST. LOUIS, MO--(Marketwire - Oct 25, 2011) - Panera Bread Company (NASDAQ: PNRA)
HIGHLIGHTS
Q3 2011 Revenue increased 22% to $453 million
Q3 2011 Company-owned comparable net bakery-cafe sales up 6.0%
FY 2011 new unit development target increased to 110 to 115 units
FY 2011 EPS target increased to $4.63 to $4.65 (up 28% versus FY 2010)
Initial FY 2012 EPS target set at $5.38 to $5.48 up 16% to 18% versus FY 2011
Panera Bread Company (NASDAQ: PNRA) today reported net income of $29 million, or $0.97 per diluted share, for the fiscal third quarter ended September 27, 2011. The third quarter of fiscal 2011 results compare to net income of $23 million, or $0.75 per diluted share, for the fiscal third quarter ended September 28, 2010, and represent a 29% year-over-year increase in diluted earnings per share...
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35 Maryland Stores to Buy 100% Wind Power from Washington Gas Energy Services
HERNDON, Va., Oct. 26, 2011 /PRNewswire-USNewswire/ -- Panera Bread of Maryland, franchised by Lemek, LLC, today announced that the United States Environmental Protection Agency (EPA) has recognized the company as a leader in voluntary renewable energy purchasing for its commitment to buy 100 percent wind power from Washington Gas Energy Services, Inc. (WGES) for its 35 Bakery-Cafes. Panera Bread of Maryland has agreed to the purchase of more than 11 million kilowatt hours of 100 percent CleanSteps(SM) WindPower from WGES.
"Supporting clean power makes good business sense and is good for the communities we serve," said Brian Lemek, owner of Lemek, LLC, the franchisee for Panera Bread in Maryland...
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Panera Donates $12,500 to Food Bank of the Hudson ValleyPanera Donates $12,500 to Food Bank of the Hudson Valley
THE TOWN OF POUGHKEEPSIE, NY, October 26, 2011 /24-7PressRelease/ -- Panera Bread has opened its newest bakery-cafe in The Town of Poughkeepsie, NY on September 26, 2011. The new bakery-cafe is located at Arlington Square Shopping Center on Dutchess Turnpike (Route 44) in the Town of Poughkeepsie. Plenty of well-wishers were on hand at the event as Panera welcomed friends, local government officials, and the community at large.
The nation's "bread expert," Panera Bread offers a variety of artisan breads and other specialty breads, along with bagels, pastries, baked goods, and hot and cold espresso beverages. The new bakery-cafe in Poughkeepsie is open for breakfast, lunch and dinner, and offers hand-tossed salads, signature sandwiches, and hearty soups served in edible sourdough bread bowls...
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Bagels Available in All Bakery-Cafes Beginning October 1; More Than 7 Million Pink Ribbon Bagels Sold, $1 Million Raised for Breast Cancer Charities Since 2001
ST. LOUIS, MO--(Marketwire - Oct 3, 2011) - Panera Bread is celebrating 10 years of fighting breast cancer by baking bagels. This October, the signature Pink Ribbon Bagel® will be sold at all of Panera's bakery-cafes, with a portion of proceeds from bagels sold going to a variety of breast cancer causes throughout the country. A staple each October in honor of Breast Cancer Awareness Month, donations from the sale of the Pink Ribbon Bagel have raised more than $1 million for breast cancer charities. Panera Bread and its franchisees hope to make 2011 the largest year for donations ever...
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Former and Current NFL Players Keyshawn Johnson, Reggie Bush, Dennis Northcutt, Anthony Henry and Terence Newman Continue Panera's expansion with new location in Ventura
VENTURA, Calif., Sept. 27, 2011 /PRNewswire/ -- Panera Bread will open its first Ventura bakery-cafe on Saturday, October 8, co-owned by former USC All-American and NFL football star, and current ESPN broadcaster Keyshawn Johnson. The newest bakery-cafe is located at 4910 Telephone Road in Ventura, CA. This is the sixth location to open in the Central Coast area.
With its identity rooted in handcrafted, freshly-baked, artisan bread, Panera Bread is committed to providing great tasting, quality food that people can trust. Highlighted by antibiotic-free chicken, whole grain bread, select organic and all-natural ingredients and a menu with zero grams added trans-fat, Panera's bakery-cafe selection offers flavorful, wholesome offerings...
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Panera Bread's Hudson Valley Cafes to also continue tradition of donating a portion of Pink Ribbon Bagel Sales for entire month of October to the Hudson Valley Chapter of the American Cancer Society.
HUDSON VALLEY, NY, September 28, 2011 /24-7PressRelease/ -- Panera Bread is inviting its customers to join the fight against breast cancer by eating a bagel for breakfast on Friday, September 30th and during National Breast Cancer Awareness Month (October). Panera's signature Pink Ribbon Bagels will be sold in advance for one special day in the Middletown, Newburgh, Fishkill, Poughkeepsie, and Nanuet cafes. Panera will donate all proceeds from September 30th Pink Ribbon Bagel sales to the local Hudson Valley Chapter of the American Cancer Society...
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Panera Bread Kicks Off Breast Cancer Awareness Month By Leading Community in Donations COLUMBUS, Ohio /PRNewswire/ -- Panera Bread is pleased to announce that 100% of all Pink Ribbon Bagel sales on October 1 will be donated to the American Cancer Society of Central and Southwest Ohio. Panera Bread is hosting the Pink Ribbon Bagel campaign in an effort to support those who have fought breast cancer and to increase the visibility of Breast Cancer Awareness month.
Additionally, Panera Bread will donate $0.10 of each Pink Ribbon Bagel sold from October 2 through October 31 to the American Cancer Society. Last year's sales of the Pink Ribbon Bagel resulted in a donation of more than $23,000. Panera Bread bakery-cafes in Columbus, Dayton and Cincinnati are dedicated to the heightened October 1 fundraising promise and to its month-long commitment of supporting the fight against breast cancer...
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TMx™ Solution Proven to Optimize Staffing Levels to Improve Sales and Customer Service
Eden Prairie, MN (PRWEB) September 13, 2010 -- TimeManagement Corporation, a labor management solution provider, announced today that Panera Bread signed an agreement to license the TMx Enterprise 5 solution, a labor scheduling software product, after a comprehensive multi-site, 12-month pilot.
"We strive to operate at the highest levels of customer service, and the TMx solution will help enable us to do so even more efficiently," says Michael Kupstas, Senior Vice President, Panera Bread. "The TMx pilot demonstrated an opportunity to manage labor in a way that improves customer experience, simplifies the scheduling process and provides employee convenience...
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Panera Bread to Implement New Menu Boards at all Central and Southwest Ohio locations COLUMBUS, Ohio /PRNewswire/ -- In an industry leading initiative, local Panera Bread franchisee, Breads of the World, is pleased to announce that it will be placing new menu boards in all 48 bakery-cafes throughout central and southwest Ohio. The menu labeling effort is part of Panera's long-standing commitment to be the first national concept to voluntarily post calorie information on their menu boards by the close of 2010. The updated menu boards will display the calorie count alongside the correlating menu item and will be available in the greater Columbus, Cincinnati and Dayton markets on September 15.
A benefit of the new initiative includes helping consumers make better-informed choices...
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This web page does not constitute a franchise offering or an offer to sell a franchise. A franchise offering can be made by us only in a state if we are first registered, excluded, exempted or otherwise qualified to offer franchises in that state, and only if we provide you with an appropriate franchise disclosure document.
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Panera Bread bakery-cafes bring the tradition of freshly baked artisan bread to neighborhoods in cities throughout the country.
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