Industry News | August 29, 2002

Panera Bread Reports Sales Increase

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Panera Bread Company reported that system-wide comparable bakery-cafe sales (excluding the one specialty bakery-cafe and closed locations) increased 5.3 percent for the four weeks ended August 10, 2002 and 6.0 percent for the 32 weeks ended August 10, 2002.

Average system-wide weekly sales (increased 5.1 percent to $35,125 for the four weeks ended August 10, 2002 compared to $33,430 for the four weeks ended August 11, 2001.