The St. Louis-based chain of bakery-cafes, Panera Bread, yesterday [Thursday] reported that system-wide comparable bakery-cafe sales (excluding the one specialty bakery-cafe and closed locations) increased 5.2% for the four weeks and 6.7% for the Q2, both ended 13 July 2002.
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The breakdown between company-owned and franchised bakery-cafes is as follows:
For the 4 weeks For the Q2
ended 13 July 2002 ended 13 July 2002
Company-owned 2.9% 4.6%
Franchised 6.2% 7.8%
Total System 5.2% 6.7%
Average system-wide weekly sales (excluding the one specialty bakery-cafe and closed locations) increased 4.6% to US$33,560 for the four weeks ended 13 July 2002, compared to US$32,092 for the same period in the previous year.
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By GlobalDataAverage system-wide weekly sales (excluding the one specialty bakery-cafe and closed locations) increased 6.3% to US$34,650 for the Q2 2002, compared to US$32,590 for the Q2 2001.
