-
How Retail Investors Can Own Equity in Panera Bread's Headquarters
Thursday, November 18, 2021 - 3:26pm | 475Read More...Purchasing an office building that houses the headquarters of a national restaurant chain as large as Panera Bread is likely out of reach for most retail investors. However, crowdfunding has made it possible for the average investor to participate in a variety of institutional quality real...
-
Chipotle's Vegan Menu Expansion Is Bottom Line Healthy
Wednesday, October 22, 2014 - 10:27am | 599Read More...Chipotle Mexican Grill, Inc. (NYSE: CMG) announced recently that it planned to expand its vegan “Sofritas” option to nine additional states. The move would make the braised and shredded tofu item a permanent menu offering in those new areas. Related Link: Chipotle Mexican Grill...
-
UPDATE: Performance of Benzinga's Top Downgrades
Friday, May 31, 2013 - 3:56pm | 166Read More...Bank of America downgraded Canadian Imperial Bank of Commerce (NYSE: CM) from Buy to Neutral. The target price for Canadian Imperial Bank of Commerce has been lowered from $96 to $89. Canadian Imperial Bank of Commerce's shares closed at $76.90 yesterday. Stock down 1.77 percent to $75.54....
-
Panera Has Analysts Eating Out of the Palm of its Hand
Friday, March 22, 2013 - 10:05am | 238Read More...Panera Bread Company (NASDAQ: PNRA) received more positive analyst coverage Friday morning. Bernstein initiated coverage with an Outperform and $190 price target. This follows an upgrade to Outperform from BMO Capital with a $190 price target citing compelling valuation. On March 7, Jefferies...
-
Interested in Spending Less Money Dining Out? Here's How
Monday, March 18, 2013 - 4:42pm | 721Read More...Americans eat out about five times per week on average, according to the LivingSocial “Dining Out” survey reported by United Press International. Furthermore, dining out consumes between 38 percent and 50 percent of the overall food budget, according to The Atlantic magazine. Fortunately, it’...
-
Panera's Ron Shaich: "We've Been Following The Same Core Strategy For 20 Years"
Friday, February 11, 2011 - 3:48pm | 172Read More...On CNBC this afternoon, Ron Shaich, the co-founder and former CEO of Panera Bread Company (NYSE: PNRA), spoke about his company's decision to avoid lowering prices during the recession. “I've been at this for 30 years; this company has been public for 20 years,” Shaich said. “We've been following...
-
Cramer On Egypt: Don't Cheer "Democracy" In The Streets
Friday, February 11, 2011 - 3:45pm | 94Read More...CNBC's Jim Cramer had a word of caution this afternoon: don't cheer "democracy" in the streets of Egypt. Cramer warns that when the Iranian revolution took place, American reporters were very naïve. “During the Iranian revolution, we were really foolish to think democracy was coming,” he said. “Don...
-
Piper Jaffray Raises PT On Panera Bread To $125
Friday, February 11, 2011 - 8:05am | 28Read More...Piper Jaffray has raised the price target on Panera Bread Company (NASDAQ: PNRA) from $121 to $125 and maintains its Overweight rating.
-
Among Companies Reporting This Week, Piper Jaffray Favors PNRA
Monday, February 7, 2011 - 9:32am | 116Read More...On a broader industry basis, Piper Jaffray said that it continues to prefer the limited service segment to casual dining based on merits of strategic positioning, supply/demand conditions and demographic exposure. “In the context of companies reporting this week, we favor shares of OW rated Panera...
-
Piper Jaffray Increases Price Target, Maintains Panera Rating
Wednesday, October 27, 2010 - 8:47am | 127Read More...Panera Bread Company (NASDAQ: PNRA) posted system-wide 3Q10 SSS of +6.9%. 4QTD company-owned SSS are running +4.4% and franchised SSS are tracking +5.4%, “providing us with increased confidence in our +5.0% and +5.0% projections, respectively, despite more difficult comparisons in the last quarter...
-
Panera And P.F.Chang's Favored In Piper Jaffray Preview
Monday, October 25, 2010 - 8:58am | 143Read More...October period earnings are off to a decent start for the restaurant industry with many companies reporting solid comp and earnings results, Piper Jaffray reports. “In line with our broader industry themes, we expect company-specific results to remain bifurcated by segment, which we believe...
