Profile: Panera Bread Co (PNRA.OQ)
27 Jun 2017
Panera Bread Company, incorporated on June 2, 1988, is a food service company. The Company is a national bakery-cafe concept. As of December 27, 2016, the Company operated 2,036 own and franchise-operated bakery-cafe locations in 46 states, the District of Columbia, and Ontario, Canada. The Company operates through three segments: Company bakery-cafe operations, franchise operations, and fresh dough and other product operations. The Company operates under the Panera Bread, Saint Louis Bread Co. and Paradise Bakery & Cafe brands. The Company's menu groups are daily baked goods, including a range of bagels, breads, muffins, scones, rolls, and sweet goods; made-to-order sandwiches and flatbreads; soups; salads; pasta dishes, and custom roasted coffees and cafe beverages, such as hot or cold espresso and cappuccino drinks, smoothies, and non-carbonated beverages. In addition to the in-bakery-cafe dining experience, the Company offers Panera Catering, a nationwide catering service that provides breakfast assortments, sandwiches, salads, soups, pasta dishes, drinks and bakery items.
Company Bakery-Cafe Operations segment
The Company Bakery-Cafe Operations segment includes the operating activities of the bakery-cafes owned directly and indirectly by the Company. The Company's bakery-cafes are located in urban, suburban, strip mall and regional mall locations and operate in the United States and Canada. As of December 27, 2016, its Company bakery-cafe operations segment consisted of 902 Company-owned bakery-cafes throughout the United States and in Ontario, Canada.
The Franchise Operations segment includes the operating activities of the franchise business unit, which licenses qualified operators to conduct business under the Panera Bread or Paradise Bakery & Cafe names and also monitors the operations of these bakery-cafes. As of December 27, 2016, its franchise operations segment consisted of 1,134 franchise-operated bakery-cafes, located throughout the United States and in Ontario, Canada.
Fresh Dough and Other Product Operations
The Fresh Dough and Other Product Operations segment supplies fresh dough, produce, tuna, cream cheese, and indirectly supplies sweet goods items through a contract manufacturing arrangement, to the Company-owned and franchise-operated bakery-cafes. As of December 27, 2016, its fresh dough and other product operations segment consisted of 24 fresh dough facilities (22 Company-owned and two franchise-operated), located throughout the United States and one in Ontario, Canada.
Panera Bread Co
3630 S Geyer Rd Ste 100
ST. LOUIS MO 63127-1234