US bakery chain Panera Bread has said that February system-wide sales at stores open at least 18 months fell 1.9%, due in part to freezing weather conditions in some parts of the country.
The Missouri-based company stood by its first-quarter and full-year profit forecasts. It has forecast earnings of 24 cents a share in the first quarter and 99 cents a share for the full year, matching analysts’ forecasts.
Sign up for our daily news round-up!
Give your business an edge with our leading industry insights.
Just Food Excellence Awards - Have you nominated?
Nominations are now open for the prestigious Just Food Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!
Nominate Now
