Company deals in meeting consumer dining needs by providing high quality food, including fresh baked goods, made-to-order sandwiches on freshly baked breads, soups, salads, custom roasted coffees, and other cafe beverages.
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Recs
Panera is a stock I bought because I love the restaurants. I've been to over a dozen Paneras all over the country and every one I visit is packed. They have tremendous customer loyalty, and their customers are mostly affluent, so they don't mind when prices go up just a bit due to higher commodities. Panera is well-managed and has a well-contemplated policy of expansion. Panera will become the thinking person's McDonald's. Like Starbucks, I think they will eventually go international. I've bought at perhaps a dozen price points over the past year, and I will continue to buy as I'm able. It's off the summer low, but well below the highs of last spring. It's still a bargain now.