
Panera Bread's stock symbol is PNRA, which is now traded under the symbol PLKI after the company's merger with JAB Holdings.
The merger was announced in 2017 and was completed in 2017 as well. JAB Holdings acquired Panera Bread for $7.5 billion.
Panera Bread Stock News
Panera Bread Company reported Q1 2017 results with a GAAP diluted EPS of $1.88, up 30%.
Their shares jumped on a report of a possible sale in April 2017.
Panera Approves Merger with JAB Holdings
Panera Stockholders Approve Merger With JAB Holdings. Panera's stockholders overwhelmingly approved the merger with JAB Holdings at a special meeting on July 11, 2017.
The merger was previously announced, and it's great to see that it's moving forward. This news is a significant development for Panera Bread Company.
Panera's stock symbol was previously "PNRA" and it's possible that the company will retain its old ticker or start fresh with a new set of letters when it does go public.
Latest News: Panera Bread
Panera Bread has been making headlines in recent years, and for good reason. Their stock has seen significant jumps, with shares surging to a record in 2017.
One notable event was in April 2017, when shares jumped on a report of a possible sale. This news sent investors into a frenzy, and the company's stock price rose accordingly.
In February 2017, Panera Bread's stock surged to a record, and analysts were quick to point out that this was due to the company's focus on technology and innovation. This shift towards technology was a key factor in the company's success, and it's an area that they continue to invest in.
Here are some key dates related to Panera Bread's stock performance:
These dates highlight the significant events that have impacted Panera Bread's stock performance in recent years. It's clear that the company has been making moves to stay ahead of the competition, and it's paid off in a big way.
Panera Bread Financial Results
Panera Bread's financial results have been a mixed bag in recent years. The company has been working to improve its bottom line by cutting costs and investing in digital technologies.
In 2020, Panera Bread's revenue was $3.7 billion, a 1.5% increase from the previous year. Panera's efforts to boost sales through delivery and online ordering have been paying off.
The company's net income was $93 million in 2020, down from $143 million in 2019. Despite this decline, Panera's financial situation is still relatively stable.
Panera Bread's debt-to-equity ratio has been a concern for investors, standing at 2.3 in 2020. This is a sign that the company may be taking on too much debt to finance its operations.
Panera's stock price has been volatile in recent years, with a high of $73 per share in 2018 and a low of $21 per share in 2020.
Investing in Panera Bread
If Panera Bread does go public, its stock will have its own ticker on the public market. The company's former stock symbol was "PNRA".
You can currently invest in Panera by investing in USHG Acquisition Corp. (NYSE:HUGS). Risk-aware traders might want to wait for a definitive agreement.
Panera could retain its old ticker or start fresh with a brand new set of letters.
Featured Images: pexels.com