US bakery chain Panera Bread has posted fourth-quarter net income of $7.5m, compared with $4.8m a year earlier.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more


The company, which opened 43 new bakery-cafes and closed one during the quarter, posted revenue of $73m compared with $55.7m in the year-ago period.
 
Panera, which owns or franchises around 478 bakery-cafes, said first-quarter same-store sales have so far been hurt by unusually cold weather. The company said it expects same-store sales to increase by around 3% for the remainder fo the year.

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