Panera Bread Co. reported fiscal second-quarter net income of $51 million, up 15.6 percent from last year’s quarter, but analysts were disappointed in same-store sales growth at company-owned bakery-cafes. The company’s total revenue for the fiscal second quarter ended June 25 rose to $589 million, up 11 percent from the second quarter of fiscal 2012. But same-store sales at company-owned restaurants open at least 18 months grew 3.8 percent in the fiscal second quarter, missing analysts’…
Reported by bizjournals 2 hours ago.
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