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Strategies & Market Trends : Market Gems-Trading Strong Earnings Growth and Momentum

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To: Jenna who wrote (5840)3/5/2001 1:24:55 PM
From: Jenna  Read Replies (3) of 6445
 
PNRA earnings play nice move as earnings come out.Panera Bread earnings jump 71 percent
(UPDATE: Adds details throughout)

ST. LOUIS, March 5 (Reuters) - Bakery chain Panera Bread Co. (NasdaqNM:PNRA - news) on Monday reported a 71 percent increase in fourth-quarter operating profits, besting analysts estimates, due to strong sales at its restaurants.

The company also forecast that 2001 earnings would surpass the Wall Street outlook, sparking
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