Panera Bread (PNRA) is set up for long term, expanded earnings growth according to CEO Ron Shaich. Panera reported strong earnings and raised its guidance for the full year. Shaich said Panera didn't see a huge influx of customers who formerly dined at Chipotle (CMG - Get Report) , which has struggled since its E coli outbreaks. Shaich sees several 'billion dollar' opportunities for expansion in catering, delivery, and consumer packaged goods. He added that Panera is leading the restaurant industry in digital technology, and that technology is helping to improve customer service.