St. Louis-based Panera Bread Company, the owner and franchiser of bakery-cafes under the Panera Bread and Saint Louis Bread Co. names, has reported net income of US$3.87m for its Q2 ended 13 July 2002, compared to US$2.35m year on year. Earnings per share (EPS) increased 63% to US$0.13 for the Q2, from US$0.08 year on year. EPS amounts have been adjusted to reflect the two-for-one stock split payable in the form of a stock dividend on 24 June 2002.