The company said on Tuesday that it is accelerating the rollout of its new delivery service. Executives believe it can take market share in an estimated $40 billion delivery category.
Category: Panera Bread
Panera Bread Rises Higher on Solid Growth, Optimistic Outlook
At the same time that it has sought to use ingredients in its menu items that consumers can trust, Panera has also worked hard to keep up with changes in the marketplace that have changed the way customers want to place orders and have items ready for them when they arrive. Coming into Tuesday’s fourth-quarter financial report, Panera investors had high hopes that the fast-casual company would be able to keep its sales and income growing at a steady pace.
Buy Panera Bread Stock Over Bloomin’ Brands, Goldman Says
Goldman Sachs has swapped its rating on Panera Bread and Bloomin’ Brands , sending shares of the restaurants in opposite directions Thursday afternoon. “Estimate uncertainty remains an ongoing concern; however, we view valuation as increasingly compelling,” analysts Karen Holthouse and Gregory Lum said.
Panera’s Self-Improvement Efforts Leading to Higher Customer Satisfaction, Better Results
A new survey indicates that the fast-casual chain is the highest-performing restaurant when it comes to pleasing its customers. In the competitive fast food and fast casual restaurant business, a number of chains have been working hard to improve their service and menus.