Panera Bread Company (Nasdaq: PNRA) reported net income of $1,933,000 or $.15 per diluted share in the second quarter ended July 8, 2000. This included a $900,000 pre-tax ($549,000 after tax) gain related to the sale of Au Bon Pain. Excluding this one-time gain, the Company reported net income of $1,384,000 or $.