Panera Bread revenue increases 37.1 percent
Restaurant chain Panera Bread Co., St. Louis, yesterday reported that revenue increased 37.1 percent to $178.1 million for the first quarter ended April 19 from $129.9 million in the first quarter of 2004. Bakery-cafe sales accounted for $136.8 million of consolidated revenues while franchise royalties
and fees and fresh dough sales to franchisees accounted for $41.4 million of consolidated revenues.System-wide comparable bakery-cafe sales increased 6.2 percent for the four weeks ended April 19.
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