$750 million buyback boosts Panera’s stock, not growth

By Janet Sparks

“Stock analysts are watching Panera Bread to see if the fast-casual franchise company will be able to catch up with its counterparts Chipotle Mexican Grill, Shake Shack and others.

Panera’s stock fell by 10 percent, following its 2014 fourth quarter announcement in February 2015. Its officers then warned investors that its earnings per share might dip even lower.”…

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