Panera's 4th-Q profit up 17%

ST. LOUIS Panera Bread Co. reported a 17-percent jump in fourth-quarter profit from a year earlier on a 34.4-percent surge in revenues.

The company, which operates or franchises about 1,027 namesake bakery-cafes, earned $18.9 million, or 59 cents per share, during the quarter ended Dec. 26, compared with earnings of $16.2 million, or 51 cents per share, in the year-earlier quarter.

Panera's revenues totaled $232.9 million, driven by a 2-percent systemw

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