Panera gets boost from new breakfast items

RICHMOND HEIGHTS Mo. Panera Bread Co. trumpeted the success of its new breakfast items as it reported a 40-percent rise in first-quarter net income, and said it plans to roll out more menu items as summer approaches.

For the first quarter ended March 31, Panera posted net income of $17.4 million, or 57 cents per share, compared with $12.4 million or 41 cents a share, in the year-ago period. Revenue rose 5 percent to $320 million, Panera said.

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