Panera Bread Company has reported that system-wide comparable bakery-cafe sales increased 6.6% for the four weeks ended 26 January 2002.
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The company owns and franchises bakery-cafes under the Panera Bread and Saint Louis Bread Co. names, and the breakdown between company-owned and franchised bakery-cafes is as follows.
For the 4 weeks
ended January 26,2002
Company-owned 7.3%
Franchised 6.2%
Total System 6.6%
Average system-wide weekly sales (excluding the three specialty bakery- cafes and closed locations) increased 12.7% to US$32,166 for the four weeks ended 26 January 2002 compared to US$28,529 for the four weeks ended 27 January 2001.
The company is due to release its Q4 earnings on 7 March 2002.
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