Brian Grosso
Investment advisor, long only, long-term horizon, value

Panera: Opportunity In The Broken Growth Story?

From a glance, Panera Bread (NASDAQ:PNRA) looked like a classic broken growth story - the sort of situation where you can occasionally find a high quality business on sale - so I decided to do some preliminary research.

The company's operations consist of about 1800 bakery-cafes in 45 states. About 49% are compa...

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