Panera (PNRA Quote) guided lower for the fourth quarter, saying winter storms in the Midwest will hold down same-store sales growth.
The St. Louis-based bakery cafe chain said it expects to make 62 cents to 65 cents a share for the quarter ending Dec. 26, shy of the 67-cent Thomson Financial analyst estimate. Panera said it expects sales in stores open at least 18 months to be penalized by at least a percentage point by last week's storms. It now expects same-store sales growth of 1.5% to 2.3% for the quarter.- Loading Comments...
- Loading Comments...
Recent Comments
Featured Photo Galleries
Connect with TheStreet
 |
 |
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,482.61 | 1,112.10 | 2,213.23 | 36.11 |
Oil *
72.37
|
|
DOWN
18.44
|
DOWN
2.01
|
UP
1.13
|
UP
0.65
|
10 Yr
3.61%
SPDR Gold
109.61
|
|
-0.18%
|
-0.18%
|
+0.05%
|
+1.83%
|
Data delayed 20 minutes |
