Panera Bread Reports System-Wide Comparable Bakery-Cafe Sales Increase 7.9% For the Four Weeks Ended March 24, 2001

Apr 13, 2001, 01:00 ET from Panera Bread Company

    ST. LOUIS, April 13 /PRNewswire/ -- Panera Bread Company (Nasdaq:   PNRA)
 today reported that system-wide comparable bakery-cafe sales increased 7.9%
 for the four weeks ended March 24, 2001. System-wide comparable bakery-cafe
 sales have increased 8.3% for the twelve weeks ended March 24, 2001. The
 breakdown between company-owned and franchised bakery-cafes is as follows:
 
                               For the Four        For the Twelve
                               Weeks Ended         Weeks Ended
                               March 24, 2001      March 24,2001
 
     Company-owned                  7.7%                7.9%
     Franchised                     8.1%                8.6%
     Total System                   7.9%                8.3%
 
     Panera Bread Company owns and franchises bakery-cafes under the Panera
 Bread and Saint Louis Bread Co. names.  The company is a leader in the
 emerging specialty bread/cafe category due to its unique bread combined with a
 quick, casual dining experience. Additional information is available on the
 company's website, www.panerabread.com .
     Matters discussed in this news release, including any discussion or
 impact, express or implied, on the Company's anticipated growth, operating
 results and future earnings per share contain forward-looking statements
 within the meaning of Section 27A of the Securities Act of 1933 and Section
 21E of the Securities Exchange Act of 1934 (identified by the words
 "positioned", "estimate", "project", "target", "will",  "intend", "expect",
 "future", "anticipates", and similar expressions) which express management's
 present  belief, expectations or intentions regarding the Company's future
 performance.  Moreover, the Company's actual results could differ materially
 from those set forth in the forward-looking statements due to known and
 unknown risks and uncertainties and could be negatively impacted by a number
 of factors.  These factors include but are not limited to the following: the
 ability of the Company to aggressively expand its business going forward is
 subject to the availability of sufficient capital to it and the developers
 party to franchise development agreements with the Company; and the Company's
 operating results may be affected by many factors, including but not limited
 to variations in the number and timing of bakery-cafe openings and public
 acceptance of new bakery-cafes, competition and other factors that may affect
 retailers in general.  These and other risks are detailed from time to time in
 the Company's SEC reports, including its Form 10-K for the year ended
 December 25, 1999.
 
 

SOURCE Panera Bread Company
    ST. LOUIS, April 13 /PRNewswire/ -- Panera Bread Company (Nasdaq:   PNRA)
 today reported that system-wide comparable bakery-cafe sales increased 7.9%
 for the four weeks ended March 24, 2001. System-wide comparable bakery-cafe
 sales have increased 8.3% for the twelve weeks ended March 24, 2001. The
 breakdown between company-owned and franchised bakery-cafes is as follows:
 
                               For the Four        For the Twelve
                               Weeks Ended         Weeks Ended
                               March 24, 2001      March 24,2001
 
     Company-owned                  7.7%                7.9%
     Franchised                     8.1%                8.6%
     Total System                   7.9%                8.3%
 
     Panera Bread Company owns and franchises bakery-cafes under the Panera
 Bread and Saint Louis Bread Co. names.  The company is a leader in the
 emerging specialty bread/cafe category due to its unique bread combined with a
 quick, casual dining experience. Additional information is available on the
 company's website, www.panerabread.com .
     Matters discussed in this news release, including any discussion or
 impact, express or implied, on the Company's anticipated growth, operating
 results and future earnings per share contain forward-looking statements
 within the meaning of Section 27A of the Securities Act of 1933 and Section
 21E of the Securities Exchange Act of 1934 (identified by the words
 "positioned", "estimate", "project", "target", "will",  "intend", "expect",
 "future", "anticipates", and similar expressions) which express management's
 present  belief, expectations or intentions regarding the Company's future
 performance.  Moreover, the Company's actual results could differ materially
 from those set forth in the forward-looking statements due to known and
 unknown risks and uncertainties and could be negatively impacted by a number
 of factors.  These factors include but are not limited to the following: the
 ability of the Company to aggressively expand its business going forward is
 subject to the availability of sufficient capital to it and the developers
 party to franchise development agreements with the Company; and the Company's
 operating results may be affected by many factors, including but not limited
 to variations in the number and timing of bakery-cafe openings and public
 acceptance of new bakery-cafes, competition and other factors that may affect
 retailers in general.  These and other risks are detailed from time to time in
 the Company's SEC reports, including its Form 10-K for the year ended
 December 25, 1999.
 
 SOURCE  Panera Bread Company