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March 26, 2014
07:19 EDTPNRAPanera Bread investments to enable impressive benefits, says Bernstein
After touring Panera's stores, Bernstein believes that the company's investments have significantly improved its speed of service, accuracy, and customer experience. The firm forecasts that the investments could cause near-term margin pressure, but should facilitate growth over the long-term. Bernstein keeps a $213 price target and Outperform rating on the shares.
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September 9, 2014
15:07 EDTPNRAPanera Bread announces integration With Apple Pay
Panera Bread (PNRA) announced an integration with Apple Pay, Apple's (AAPL) new mobile payment system for iPhone 6, iPhone 6 Plus, or Apple Watch. Panera Bread will accept Apple Pay in all participating bakery-cafes in the United States once Apple Pay hits the market this fall. In preparation for the rollout, Panera will integrate Apple Pay into the Panera Bread iOS App and install VeriFone (PAY) payment terminals in company owned and franchise bakery-cafes across the United States to support contactless and Near Field Communication payments.
13:58 EDTPNRAStarbucks, Groupon, OpenTable apps among those to integrate Apple Pay
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