Panera vienne Bread Reports 4th Quarter Gross income Grown % and System-Wide Comparable
Bakery-Cafe SalesGrown % for the 30 days Finished Dec 27, 2005 and Elevates vienne Financial 365 days 2005 Profits For each Share Aim to $ to $ For each Diluted Share.
ST. LOUIS, January.,. .
, 2005. The cease working amongst Company-owned and franchised bakery-cafes is simply as comes after:
For the One month For the A dozen weeks Year-to-date
finished finished through
vi cam tay Dec 27, 2005 Dec 27, 2005 Dec 27, 2005
Company-owned comparable bakery-cafe sales speeds up are based on sales for bakery-cafes which have been in operation and business enterprise possessed for at the minimum 18 months. Franchised comparable bakery-cafe sales speeds up are based on sales for bakery-cafes which have been in operation for at least 18 months. Both company-owned and franchised comparable bakery-cafe sales exclude closed spots.
,. The Business enterprise believes which comparable bakery- coffee house sales maturation in its final period of the 365 days was synthetically assisted by the profitable timing of the Sunday Yuletide day out.
The Business enterprise at present intends profits for each diluted share for the twelve weeks finished Dec 27,,, featuring an enhance of 31% to 32% above financial 365 days 2004 results.
Through the 4th quarter of 2005, 53 new bakery-cafes were freed (26 Business enterprise and 27 franchise), 1 bakery-cafe was closed, and 21 bakery-cafes were attained by the Business enterprise from the franchisee.
The Business enterprise plans to report 4th quarter 2005 profits next the superstore close on Thursday, Feb . 9, 2006. . Eastern Time on Feb . 10, 2006. . Get into about the call and the disclose 're going to be archived for a year. A timetable of sales and profits disclose dates for financial 365 days 2006 is hooked up as Timetable II.
Incorporated over are franchised and system-wide comparable bakery-cafe sales speeds up. System-wide sales are a non-GAAP fiscal quantify that incorporates sales in the least Business enterprise bakery-cafes and franchise bakery-cafes, as outlined by franchisees. Leadership uses system-wide sales info internally in association with shop development decisions, scheduling, and budgeting examines. Leadership believes system-wide sales info is helpful in assessing shopper consent of the business's brand and helps out a knowledge of fiscal performance as the business's franchisees pay royalties and contribute to media pools based on a share inside their sales.
Panera Bread Business enterprise possesses and franchises bakery-cafes beneath the Panera Bread(R) and Saint Louis Bread Co.(R) names. The Business enterprise is actually a supervisor within the emerging strong point bread/cafe classification because of its matchless bread blended with a short, casual dinning experience. Auxiliary info is completely ready on the business's web site, .
Matters negotiated within this press release, consisting of any dialog or affect, express or meant, on the business's anticipated maturation, operating results and up coming profits for each share include forward-looking statements in the meaning of Segment 27A of the Securities Act of 1933 and Segment 21E of the Securities Transfer Act of 1934. These statements are easily recognized by the words "believe," "located," "forcast," "project," "aim," "continue," "intend," "expect," "up coming," "anticipates," and similar expressions. All forward-looking statements incorporated within this disclose are made just as of the date of this disclose, and we don't implement any legal responsibility to widely up-date or proper any forward-looking statements to reflect ceremonies or a situation which take place or that we hereafter become knowledgeable, afterward date. Forward-looking info imparts management's present belief, anticipations, or motives with regards to the Firm’s up coming performance. The Firm’s factual results may vary materially from those set forwards within the forward-looking statements as a result of known and untold dangers and doubts and may perhaps be detrimentally influenced by loads of factors. These factors contain but aren't limited by as follows: variations within the number and timing of bakery-cafe openings; the facility by the Business enterprise and franchisees to function auxiliary bakery-cafes profitably; public consent of new bakery- bars; rivalry; countrywide and local climatic conditions; transforms in coffee shop operating costs, especially superstore transforms, nutriment and gumption costs, and inflation; and other factors which could impact boutiques in most cases. These and other dangers are negotiated now and again within the Firm’s Securities and exchange commission's reports, consisting of its Form 10-K for the 365 days finished Dec 25, 2004 and its quarterly reports on Form 10-Q.
PANERA BREAD Business enterprise
Timetable I - SUPPLEMENTAL Info
vi cam tay
Historical System-Wide Average Every week Sales
2005 2004 2003 2002 2001 2000
AWS $38,318 $36,008 $35,617 $35,388 $33,608 $31,004
2005 System-Wide Average Every week
Sales By 365 days Freed
2005 2004 2003 Opens
Opens Opens & Previous Over all
Bakery-Cafes 139 143 595 877
Q1 05 $38,797 $34,477 $37,330 $36,815
Q2 05 $36,424 $35,263 $38,444 $37,754
Q3 05 $37,930 $36,130 $38,921 $38,342
Q4 05 $38,086 $38,714 $41,516 $40,594
2005 YTD $37,804 $36,017 $38,918 $38,318
vi nu gio xach Year-Over-Year Alter in System-Wide AWS and Comp Sales
Comp
vi nu 2003 Opens AWS Sales
2005 Opens 2004 Opens(a) & Previous Over all Over all
, 68, 102, and 143 bakery-cafes at the finale of the
first, 2nd, 3rd, and 4th quarters of 2004, respectively.
2005 Sales Metrics for Business enterprise Bakery-Cafes
Year-Over-Year
Bakery-Cafe Alter
Sales Operating Comp
($ in 000's) Weeks AWS AWS Sales
Q1 05 $133,352 3,713 $35,112 2,971 $36,522 3,120 $37,995 3,476 $39,981 13,280 $37,821 8,352 $37,091 6,411 $38,240 6,602 $38,091 6,725 $41,089,243 28,090 $38.
Comp Sales - comparable bakery-cafes sales speeds up for the period of time
displayed, that exclude closed spots and are based on sales for
bakery-cafes which have been in operation and possessed for no less than 18
months, and excludes the 3 auxiliary hours within the first quarter of
2005 brought on by the alter in financial week.
Panera Bread Business enterprise
Timetable II - News release Dates
Comparable Bakery-Cafe Sales News release Dates
For the Four/Five Weeks Finished News release Date (Before Superstore Opens)
Jan 24, 2006 (One month) Feb . 1, 2006
Feb . 28, 2006 (5 weeks) Parade 8, 2006
Parade 28, 2006 (One month) April 5, 2006
April 25, 2006 (One month) Might 3, 2006
Might 30, 2006 (5 weeks) June 7, 2006
June 27, 2006 (One month) July 6, 2006
July 25, 2006 (One month) Aug 2, 2006
Aug 29, 2006 (5 weeks) Sept 6, 2006
Sept 26, 2006 (One month) Oct 4, 2006
Oct 24, 2006 (One month) Nov 1, 2006
Nov 28, 2006 (5 weeks) Dec 6, 2006
Dec 26, 2006 (One month) Jan 4, 2007
Profits News release Dates
For the Quarter Finished News release Date (Next Superstore Ends)
Parade 28, 2006 April 25, 2006
June 27, 2006 July 25, 2006
Sept 26, 2006 Oct 25, 2006
. Hood, SVP, Boss Fiscal Officer of Panera Bread Business enterprise,