Wednesday, 06 June 2007

Panera cuts second-quarter earnings view

(Reuters) - Panera, which runs a chain of bakery-cafes, now sees second-quarter earnings of 38 cents to 40 cents a share, down from its prior view of 47 cents to 51 cents a share.




For the second quarter, analysts on average were expecting earnings of 49 cents a share, excluding exceptional items, according to Reuters Estimates.


Read more at Reuters.com Market News

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