Panera Bread lowers Q4 company-owned SSS view to flat to up 2%

theflyonthewall.com

The company is revising its target for company-owned comparable net bakery-cafe sales for Q4 to be flat to growth of 2.0% from its previous growth target of 3.0% to 5.0%. The company announced today company-owned comparable net bakery-cafe sales in the first 27 days of Q4 were up approximately 1.6%.

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