TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer has come to a conclusion about quarterly guidance: it might not matter.

This was the topic of Cramer's latest Real Money column.

Panera Bread's founder and chairman Ron Shaich echoed these thoughts during a presentation at The Deals's Corporate Governance Conference on Thursday in New York. 

Want exclusive investing insight from Jim Cramer? Get 24/7 access to Jim's charitable trust portfolio with a free trial to Action Alerts PLUS!

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