Panera net up 34% in 2Q

Panera net up 34% in 2Q

Panera Bread Co. reported a 3.9-percent increase in systemwide same-store sales that helped it post income growth of 34 percent, according to the company’s second-quarter earnings report Tuesday.

The St. Louis-based bakery-café chain said income in the second quarter, ended June 28, was $35.7 million, compared to $26.7 million in the same period last year. Revenues were up 19 percent, rising to $451.1 million in the second quarter from $378.1 million in the previous year&r

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