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Panera Bread Founder Wrote His Own Obituary Then Sold Company For $7.5B
Thursday, November 23, 2023 - 3:46pm | 639Ron Shaich co-founded Panera Bread and ultimately sold the company for $7.5 billion. He credits his success to starting at the end and planning backwards. What To Know: At the end of every year, Shaich writes his own obituary, a practice he credits much of his success to, according to a...
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Panera Bread CEO Weighs In On FDA's New Rule Banning Trans Fat
Tuesday, June 16, 2015 - 4:43pm | 395The U.S. Food and Drug Administration announced today that all food manufacturers must stop using trans fat within three years. While this might be a cause for concern for other food companies, it’s a victory of sorts for Panera Bread Co (NASDAQ: PNRA), which nine years ago became the first...
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Panera Becomes The Latest Food Company To Eliminate Artificial Ingredients
Wednesday, May 6, 2015 - 3:45pm | 674Panera Bread Co (NASDAQ: PNRA) plans to remove 150 artificial ingredients from its kitchens by 2017. The move makes Panera the latest food company to make menu adjustments in response to growing consumer demand for healthier, natural food and menu transparency. Targeted Ingredients The types of...
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Removing Additives From Menu 'Is Not About The Competition,' Says Panera CEO
Wednesday, May 6, 2015 - 12:37pm | 371Following the trend of several food companies before it, Panera Bread Co (NASDAQ: PNRA) announced on Tuesday that it will also remove artificial color, flavors and other additives from its menu. Ron Shaich, Panera CEO, was on CNBC recently to talk about these changes. A Long Time Coming Shaich...
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Bernstein Says Panera Bread Confident In 2.0 Initiative, Unsure Of Timing Of Benefits
Monday, March 9, 2015 - 8:41am | 144In a report published Monday, analysts from Bernstein commented on a recent meeting with Panera Bread Co's (NASDAQ: PNRA) Chief Executive Officer Ron Shaich, SVP of Planning Mike Bufano and VP Investor Relations, Steve West. The analysts concluded that quarter-to-date comps reflect lower marketing...
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Panera Bread CFO Steps Down
Tuesday, August 5, 2014 - 7:30am | 104Panera Bread (NASDAQ: PNRA) announced today that CFO Roger Matthews has resigned his position to pursue other opportunities, remaining onboard through the end of August. Bill Moreton, the Executive Vice Chairman of the Company, will serve as Interim Chief Financial Officer effective August 6, 2014...
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Panera Falls After Missing Q2 Estimates; Slashes Full-Year Outlook (PNRA)
Tuesday, July 23, 2013 - 7:08pm | 342Panera Bread (NASDAQ: PNRA) released its fiscal second-quarter earnings results after the closing bell on Tuesday. The St. Louis-based restaurant chain reported both earnings per share and revenue that came in below Wall Street expectations. Panera also cut its full-year earnings outlook and...
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Panera Shelving 'The Meal of Shared Responsibility' (PNRA)
Wednesday, July 10, 2013 - 12:28pm | 502According to The Associated Press, Panera Bread (NASDAQ: PNRA) is temporarily suspending its ‘The Meal of Shared Responsibility’ program with plans to revamp and bring it back next winter. The idea is noble and commendable. The program, called, “The Meal of Shared Responsibility,” was a single...
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Panera's Ron Shaich: "We've Been Following The Same Core Strategy For 20 Years"
Friday, February 11, 2011 - 3:48pm | 172On 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...