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4-Traders Homepage  >  Equities  >  Nasdaq  >  Panera Bread Co    PNRA

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Panera Bread : supports Air Force Museum Foundation

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02/29/2016 | 06:56pm CET

DAYTON — Covelli Enterprises, owner/operator of Dayton-area Panera Bread locations presented a $5,000 check to the Air Force Museum Foundation at the Air Force Museum Theatre, located at the National Museum of the United States Air Force.

Panera Bread featured the Air Force Museum Foundation on their Operation Dough-Nation canisters during the months of November and December. This program raises funds through spare change canisters near the registers in all 12 of the Dayton area bakery-cafes.

“We’re thrilled to have Covelli Enterprises and the local Panera Bread franchises as a new partner. They have a long track record of generously giving to the community,” stated Fran Duntz, chairman, Board of Trustees for the Air Force Museum Foundation. “Their Operation Dough-Nation contribution to the Air Force Museum Foundation will help fund the National Museum of the USAF’s educational programming and annual events, and help connect the community with their Air Force.”

“Our Panera Bread family is honored to be able to support the Air Force Museum Foundation,” said Sam Covelli, owner/operator of Covelli Enterprises, the largest franchisee of Panera Bread. “Operation Dough-Nation and community partnerships like this one are a way for us as a company, and our patrons, to support local programs. That is what we strive to do at Panera Bread, make a positive difference in the community through our products and bakery-cafes.”

© Copyright © 2016, Huber Heights Courier, All Rights Reserved., source Newspapers

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Financials ($)
Sales 2017 2 957 M
EBIT 2017 278 M
Net income 2017 172 M
Debt 2017 404 M
Yield 2017 0,27%
P/E ratio 2017 30,24
P/E ratio 2018 25,61
EV / Sales 2017 1,96x
EV / Sales 2018 1,82x
Capitalization 5 388 M
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Number of Analysts 29
Average target price 250 $
Spread / Average Target 7,7%
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NameTitle
Ronald M. Shaich Executive Chairman & Chief Executive Officer
Blaine E. Hurst President
Charles J. Chapman Chief Operating Officer & Executive Vice President
Michael J. Bufano Chief Financial Officer & Senior Vice President
John M. Meister Chief Information Officer & Senior Vice President
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