Panera bakery cafe sales rise 3.1%
September 06, 2007
by Eric Schroeder
ST. LOUIS — Panera Bread Co. said system-wide comparable bakery-cafe sales increased 3.1% for the five weeks ended Aug. 28. Year-to-date, system-wide sales were up 1.7% compared with the same period a year ago.
Comparable bakery-cafe sales percentages exclude closed locations and are based on sales for bakery-cafes that have been in operation for at least 18 months, the company said.
Company-owned bakery-cafe sales increased 4.1% in the five-week period, and franchised bakery-cafe sales rose 2.5%. For the year, they were up 4.2% and 3%, respectively.