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Company Description

Contact Info

3630 South Geyer Road

Suite 100

St. Louis, MO 63127

United States

Phone: 314-984-1000


Panera Bread Company and its subsidiaries operate a retail bakery-cafe business and franchising business under the concept names, such as Panera Bread, Saint Louis Bread Co., and Paradise Bakery & Café. The company has 1,972 company-owned and franchise-operated bakery-cafe locations in 46 states, the District of Columbia, and Ontario, Canada. The company serves approximately 8.3 million customers per week system-wide. The company’s bakery-cafes are located in urban, suburban, strip mall, and regional mall locations. The company’s bakery-cafes have a menu highlighted by wholesome offerings, including select proteins raised without antibiotics, grass-fed beef, whole grain bread, and select organic ingredients, with zero grams of artificial trans fat per serving. The company’s menu includes various year-round favorites complemented by new items introduced seasonally. The company’s bakery-cafes routinely donate bread and baked goods to community organizations in need. The company operates as three business segments: Company Bakery-Cafe Operations, Franchise Operations, and Fresh Dough and Other Product Operations. As of December 29, 2015, its Company Bakery-Cafe Operations segment consisted of 901 company-owned bakery-cafes and the company’s Franchise Operations segment consisted of 1,071 franchise-operated bakery-cafes, located throughout the United States and in Ontario, Canada. As of December 29, 2015, the company’s Fresh Dough and Other Product Operations segment, which supplies fresh dough and other products daily to most company-owned and franchise-operated bakery-cafes, consisted of 24 fresh dough facilities (22 company-owned and 2 franchise-operated), located throughout the United States and 1 in Ontario, Canada. In addition to the company’s in-bakery-cafe dining experience, it offers Panera Catering, a nation-wide catering service that provides breakfast assortments, sandwiches, salads, soups, pasta dishes, drinks, and bakery items using the same fresh ingredients enjoyed in its bakery-cafes. Panera Catering is supported by a national sales infrastructure that includes an online ordering system. To support the company’s bakery-cafes in servicing small-, medium- and large-order catering markets, the company operates catering-only units, referred to as delivery hubs. As of December 29, 2015, there were 27 company-owned and 1 franchise-operated delivery hubs. The company’s key menu groups are daily baked goods, including various freshly baked bagels, breads, muffins, scones, rolls, and sweet goods; made-to-order sandwiches on freshly baked breads; hearty soups; freshly prepared and hand-tossed salads; pasta dishes; and custom roasted coffees and cafe beverages, such as hot or cold espresso and cappuccino drinks and smoothies. Proprietary Rights The Panera, Panera Bread, Saint Louis Bread Co., Panera Catering, You Pick Two, Paradise Bakery, Paradise Bakery & Café, the Mother Bread design, MyPanera, and Panera to You trademarks are some of the trademarks that the company has registered with the United States Patent and Trademark Office. In addition, the company has filed to register other trademarks with the United States Patent and Trademark Office. History The company was founded in 1981 as a Massachusetts corporation under the name Au Bon Pain Co., Inc. In 1998, the company changed its name to Panera Bread Company.


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Valuation ABP Industry Range
Price/Earnings 33.0x
Price/Sales 1.7x
Price/Book 12.2x
Price/Cash Flow 16.0x
TEV/Sales 1.5x

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