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Panera Bread Essay

819 words - 4 pages

Panera Bread is a US food chain featuring bakery products, sandwiches and salads. They are a bakery-cafe in a fast casual restaurant setting. Panera Breads mission statement is "A loaf of bread in every arm". Panera bread also has a "bread leadership goal": "With the single goal of making great bread bread broadly available to consumers across America, Panera Bread freshly bakes more bread each day than any bakery-cafe concept in the country. Started its company in 1981 as Au Bon Pain Co. Inc. Founder Louis Kane and Ron Shaich expanded there along the east coast of the United States and started expanding internationally in the 1980s and 1990s. In 1993, Au Bon Pain Co. Inc. purchased a local ...view middle of the document...

As well as offer a huge variety of beverage options which include smoothies, teas, coffee and lattes.
October 22, 2013 Panera bread reported a net income of $51.61 million for the fiscal quarter three, which ended September 24, 2013. Panera Bread has reported a 5% increase from 2013 quarter four sales. Panera Breads fourth quarter net income was $54.25 million, up from quarter threes net income of $51.61 million. Earnings per share for this year exceeded analysts expectations, while revenue missed their estimates. As of right now Panera Breads growth rate is seemingly lower than next years estimated rate. Panera Bread current growth rate is 3.78% and the estimated growth rate for 2015 is 14.72%.
Working at Panera Bread isn't just an ordinary job, you won't feel like just another employee. When you start to work at Panera Bread you start to be involved in the "Paner Culture". The Panera Culture includes, caring about your future, caring about family, caring about all individuals, caring about success and caring about the community. Panera Bread offers benefits to both their hourly and salaried associates, based on eligibility and availability. Some benefits include, medical, vision & dental insurance, 401(k) retirement plan, flexible spending account, employee stock purchase plan, competitive pay, incentive programs, life insurance, disability insurance, employee discount program. Some different kind of job opportunities include, bakery-cafe jobs, support center jobs(corporate) and manufacturing jobs. Panera...

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