Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last €181.01 EUR
Change Today +15.47 / 9.34%
Volume 9.0
ABP On Other Exchanges
Symbol
Exchange
NASDAQ GS
Frankfurt
As of 5:13 AM 07/29/15 All times are local (Market data is delayed by at least 15 minutes).

panera bread company-class a (ABP) Snapshot

Open
€181.01
Previous Close
€165.54
Day High
€182.00
Day Low
€179.92
52 Week High
07/29/15 - €182.00
52 Week Low
07/29/14 - €106.00
Market Cap
4.5B
Average Volume 10 Days
8.2
EPS TTM
--
Shares Outstanding
25.3M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for PANERA BREAD COMPANY-CLASS A (ABP)

panera bread company-class a (ABP) Details

Panera Bread Company owns, operates, and franchises retail bakery-cafes in the United States and Canada. The company operates through three segments: Bakery-Cafe Operations, Franchise Operations, and Fresh Dough and Other Product Operations. The operates bakery-cafes under the Panera Bread, Saint Louis Bread Co., and Paradise Bakery & Café names that offer fresh baked goods, made-to-order sandwiches, soups, salads, pasta dishes, custom roasted coffees, and other complementary products through on-premise sales, as well as provides catering services. The company also supplies fresh dough, produce, tuna, cream cheese, and proprietary sweet goods items. As of March 31, 2015, the company operated 1,901 bakery-cafes in Ontario and 45 states of the United States. The company was formerly known as Au Bon Pain Co., Inc. and changed its name to Panera Bread Company in August 1998. Panera Bread Company was founded in 1981 and is headquartered in St. Louis, Missouri.

19,900 Employees
Last Reported Date: 02/23/15
Founded in 1981

panera bread company-class a (ABP) Top Compensated Officers

Co-Founder, Executive Chairman and Chief Exec...
Total Annual Compensation: $1.4M
Chief Operating Officer and Executive Vice Pr...
Total Annual Compensation: $742.9K
Executive Vice Chairman
Total Annual Compensation: $1.4M
Chief Transformation & Growth Officer and Exe...
Total Annual Compensation: $742.9K
Chief Development Officer and Executive Vice ...
Total Annual Compensation: $652.2K
Compensation as of Fiscal Year 2014.

panera bread company-class a (ABP) Key Developments

Panera Bread Company Enters into a Revolving Credit Agreement

On July 16, 2015, Panera Bread Company entered into a credit agreement by and among the Company, as borrower, Bank of America, N.A. as administrative agent, swing line lender and L/C issuer, and each lender from time to time party thereto. The Revolving Credit Agreement provides for an unsecured revolving credit facility of $250 million and provides that the Company may select the interest rates under the credit facility equal to (1) the Eurodollar Rate (as defined in the Revolving Credit Agreement) plus the Applicable Rate for Eurodollar loans (which is an amount ranging from 1.00% to 1.50% depending on the Company's consolidated leverage ratio) or (2) the Base Rate plus the Applicable Rate for Base Rate loans. The Company's obligations under the credit facility are guaranteed by certain of its direct and indirect subsidiaries. The Revolving Credit Agreement also allows the Company from time to time to request that the credit facility be further increased by an amount not to exceed, in the aggregate, $150 million, subject to the arrangement of additional commitments with financial institutions acceptable to the Company and Bank of America. The credit facility will become due on July 16, 2020, subject to acceleration upon certain specified events of defaults, including breaches of representations or covenants, failure to pay other material indebtedness or a change of control of the Company, as defined in the Revolving Credit Agreement. On July 16, 2015, the Company also entered into a term loan agreement by and among the Company, as borrower, Bank of America, as administrative agent, and each lender from time to time party thereto. The Term Loan Agreement provides for an unsecured term loan in the amount of $300 million and provides that the Company may select the interest rates under the loan equal to (1) the Eurodollar Rate (as defined in the Term Loan Agreement) plus the Applicable Rate for Eurodollar loans (which is an amount ranging from 1.00% to 1.50% depending on the Company's consolidated leverage ratio) or (2) the Base Rate (which is defined as the higher of the Bank of America prime rate, the Federal funds rate plus 0.50%, or the Eurodollar Rate plus 1.00%) plus the Applicable Rate for Base Rate loans (which is an amount ranging from 0.00% to 0.50% depending on the Company's consolidated leverage ratio). The Company's obligations under the term loan are guaranteed by certain of its direct and indirect subsidiaries. The loan will become due on July 16, 2020, subject to acceleration upon certain specified events of defaults, including breaches of representations or covenants, failure to pay other material indebtedness or a change of control of the Company, as defined in the Term Loan Agreement. The Company expects to use the Credit Facilities (i) to refinance the revolving credit facility provided under the Revolving Credit Agreement dated as of November 30, 2012 among the Company, the lenders party thereto and Bank of America, as administrative agent, swing line lender and letter of credit issuer (as amended, restated, supplemented or otherwise modified, the Existing Revolving Credit Agreement) and (ii) for general corporate purposes, including working capital, capital expenditures, Permitted Acquisitions (as defined in each of the Credit Facilities) and purchases of the Equity Interests (as defined in each of the Credit Facilities) of the Company and transaction expenses relating thereto.

Panera Bread Company to Report Q2, 2015 Results on Jul 28, 2015

Panera Bread Company announced that they will report Q2, 2015 results After-Market on Jul 28, 2015

Panera Bread Company Appoints Andrew Madsen as President

On May 4, 2015, the board of directors of Panera Bread Company appointed Andrew Madsen, as the Company's President, effective May 11, 2015. Mr. Madsen served as President and Chief Operating Officer of NCL (Bahamas) Ltd., from October 2014 until March 2015. Prior to that, Mr. Madsen served as President and Chief Operating Officer of Darden Restaurants Inc., from November 2004 through September 2013.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
ABP:GR €181.01 EUR +15.47

ABP Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Brinker International Inc $56.94 USD +0.36
Buffalo Wild Wings Inc $171.28 USD +2.71
Cracker Barrel Old Country Store Inc $148.17 USD -0.42
Cheesecake Factory Inc/The $56.33 USD +0.42
Wendy's Co/The $10.24 USD +0.18
View Industry Companies
 

Industry Analysis

ABP

Industry Average

Valuation ABP Industry Range
Price/Earnings 29.2x
Price/Sales 1.9x
Price/Book 6.5x
Price/Cash Flow 16.5x
TEV/Sales 1.8x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact PANERA BREAD COMPANY-CLASS A, please visit www.panerabread.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.