Panera 3rd-Q revs jump 35%

RICHMOND HEIGHTS Mo. Panera Bread Co. credited margin improvement and a corporate same-store sales increase of 1.5 percent for the four weeks ended Sept. 25 for a third-quarter earnings projection above Wall Street’s target.

The 1,115-unit bakery-cafe company, based here, narrowed its third-quarter earnings projections to a range of 35 cents to 37 cents per share, from a previous target of 32 cents to 38 cents per share. That estimate is above Thompson

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