Transitioning Panera Bread Reports Another Strong Quarter

April 26, 2017

Panera’s bottom line rose to $41.33 million.
Exclusive Brief: 

Thanks to its impending merger agreement with JAB Holdings Company, Panera Bread is in a bit of a gray zone from a financial perspective. The company refrained from updating its outlook for full-year 2017 in response. The deal, subject to shareholder and regulatory approvals, is slated to close in the third quarter.