No matter how you slice it, Panera Bread (PNRA) is on a roll.
The bakery-cafe chain has watched sales and profit rise by double digits for four straight quarters as it continues to freshen up the menu with tasty offerings that whet the appetite of consumers.
A new customer loyalty program and a growing catering business have also helped drive gains.
Panera delivered meaty fourth-quarter results Feb. 10. Profits popped 27% from a year earlier to $1.21 a share, 4 cents ahead of views. Sales jumped 17% to $428.2 million. Systemwide same....