- Fiscal 2005 and fourth quarter net income increased 35% and 15%, respectively
- Fiscal 2005 and fourth quarter earnings per diluted share increased 32% and 13%, respectively
- Fiscal 2005 and fourth quarter system-wide comparable bakery-cafe sales increased 7.8% and 7.7%, respectively
- 53 bakery-cafes opened in fourth quarter bringing 2005 openings to 139
- System-wide bakery-cafes reached 877 units as of December 27, 2005
- Fiscal 2006 EPS target raised to $1.91 to $1.95 (including $0.13 for
option expense)
- First quarter 2006 EPS target set at $0.45 to $0.46 (including $0.03
for option expense.
As of December 27, 2005, there were 877 Panera Bread bakery-cafes open.
During the twelve weeks ended December 27, 2005, 53 bakery-cafes were opened,1 bakery-cafe was closed, and 21 bakery-cafes were acquired by the Company from a franchisee.