LONDON--(Marketwire - Oct 31, 2012) - According to data from the Census Bureau, September sales at restaurants and bars improved 5.6 percent year-over-year and 0.4 percent versus the prior month. This could be good news for company operating in the specialty eateries industry, such as Starbucks Corp. and Panera Bread Company, as they enter into earning season.
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Starbucks is scheduled to release its 2012 fourth quarter and fiscal year-end financial results on November 1st after market close. The company has recently entered a new market under its joint venture with Tata Global Beverages Limited, recently announcing the opening of its first store in India. The Mumbai flagship opening is to be followed closely by two more store launches in the city. Analyst opinion on Starbucks Corp. accessible for free at
Meanwhile, Panera Bread impressed with its third quarter earnings per share of $1.24, well above last year's $0.97 per share. The company was successful in improving its operating margins during the quarter; although, higher wheat prices could be a headwind moving forward. See what our analysts have to say on Panera Bread Company. Follow the Link below
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