Panera Bread's system-wide comparable bakery-cafe sales decreased 0.9% for the four weeks ended June 12, 2004. Company stores were down 0.1%, while franchises were down 1.3%.
The chain has likely been hurt by the current low-carb craze. It recently introduced a line of low-carb items in response.
Source URL: http://www.qsrmagazine.com/news/panera-sales-drop