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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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November 24, 2014
16:39 EDTPNRAPanera Bread Chief Marketing Officer Michael Simon resigns
Panera Bread disclosed in a filing that on November 20, Michael Simon, Executive Vice President and Chief Marketing Officer of Panera Bread and a named executive officer of the company, tendered his resignation to the company, effective December 31. Simonís decision to resign was based on his acceptance of a senior leadership position with Bai Brands, an early stage, health-oriented retail beverage company. Chris Hollander, the companyís Vice President, Marketing, since March 2010, will serve as interim Chief Marketing Officer while we conduct an internal and external search for Simonís replacement.

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