This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Panera Bread Lunches Out Following Earnings but Stephanie Link is a Buyer

Jill Malandrino
Stephanie Link
10/30/14 11:00 AM EDT
Panera Bread is under pressure following earnings, beating on the bottom line, coming in line on the top, guiding down Q4 and not providing guidance for 20145. Stephanie Link, Co-Portfolio Manager of Action Alerts Plus, tells TheStreet’s Options Profits, Jill Malandrino, she is adding to the Action Alerts Plus position because a lot of the bad news is priced in and Panera is a longer-term 2015 story. She explains the stock is down because the market place wanted some color looking forward, but the key here is the restructuring story. The latest quarter showed trends are showing encouraging signs with same-store-sales and check sizes were larger than expected, so Link believes this is just the beginning of the restructuring efforts. Lower gas prices will improve consumer spend which adds to the top line and costs should be lower in 2015. In addition, Panera has been spending to improve the customer experience and getting more digital. Link says Panera doesn’t have a “health food” problem like McDonald’s or Wendy’s and that is what makes the company unique to the sector.
Stocks in this video: PNRAMCDWEN

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV

Brokerage Partners

Top Rated Stocks Top Rated Funds Top Rated ETFs