US bakery-cafe chain Panera Bread has reaffirmed its previously issued earnings target for the full year 2004 of $1.24-$1.26.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more


The company also corrected its implied fourth quarter earnings per diluted share target to $0.44-$0.46. It had previously issued an earnings per fully diluted share target of $1.24-$1.26 for 2004 with an implied range of $0.42-$0.44 for the fourth fiscal quarter.


“The company determined it had made a computational error in calculating the implied fourth quarter target and is issuing this correction to clarify its targets for the fourth quarter,” Panera Bread said.


Panera Bread plans to develop 16 new company and 27 new franchise bakery-cafes in the fourth quarter, resulting in full-year development of 145 bakery-cafes (55 company-owned and 90 franchised units).

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Just Food Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Food Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now