Panera Bread Reports Systemwide Comparable Sales

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Panera Bread, Sandwiches

Panera Bread Company reported that systemwide comparable bakery-cafe sales increased 5.7 percent for the four weeks ended December 1, 2001. Systemwide comparable bakery-cafe sales for the quarter-to-date period (eight weeks ended December 1, 2001) increased 5.8 percent.

Average systemwide weekly sales (excluding the three specialty bakery- cafes) increased 7.4 percent to $35,445 for the four weeks ended December 1, 2001, compared to $32,990 for the four weeks ended November 25, 2000.

Panera Bread Company owns and franchises bakery-cafes under the Panera Bread and Saint Louis Bread Co. names. The company serves a unique bread as part of a quick, casual dining experience.