St. Louis-based bakery-cafe chain Panera Bread Co has posted system-wide comparable sales (excluding specialty bakery-cafes and closed locations) up 5% for the four weeks ended 15 June 2002.
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The breakdown between company-owned and franchised bakery-cafes is as follows:
For the 4 weeks For the 8 weeks
ended June 15,2002 ended June 15, 2002
Company-owned 3.0% 5.5%
Franchised 6.0% 8.6%
Total System 5.0% 7.5%
Average system-wide weekly sales (excluding specialty bakery-cafes and closed locations) increased 4.8% to US$34,463 for the four weeks ended 15 June 2002, compared to US$32,881 for the four weeks ended 16 June 2001.
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