- Greek Cabinet Approves EU, IMF Bailout Bill
- We're Not Greece: Italian Prime Minister Monti
- Private Homebuilders in the US: Dead Men Walking
- Dividend Payout Could Hit Record Amount This Year
- With Investors So Bullish, Stock Pullback Must Be Ahead
- Obama Likely to Call for Cutting Top Corporate Tax Rate
- New York Fashion Week Fall 2012
- NetNet: Why Saving Greece Could Destroy the World
- My Funny Valentine: When Love and the Fed Collide
MOST POPULAR
HOT ON FACEBOOK
Panera Expects to Hire 25K Employees: Exec Shaich
Text Size 
Panera Bread plans to hire 25,000 employees in the coming year, bucking a trend playing out across the economy, the company's executive chairman, Ron Shaich, said on CNBC Wednesday.
"I would say our growth is expanding, we're up 50 percent in terms of its rate of growth vs. last year," Shaich said. "These are very good times for Panera [PNRA
Loading...
()
]bread."
On Tuesday, Panera reported second-quarter profit that beat expectations, but the company forecast lower-than-expected earnings for the current quarter.
Still, Shaich pointed out that Panera's same-store sales were up 9.9 percent in the second quarter.
"This is third quarter of near double-digit comp store sales," Shaich said. "People are voting with their feet, voting with their wallets."
Data is a real-time snapshot *Data is delayed at least 15 minutes
