Well, I did just work through the numbers. A number of red flags appeared, including a low cash position, and slightly decreasing cash flow from operations. And, they lost money in the recent quarter, from a statement issued 5/27.However, the company is making significant progress. They have sold their bread manufacturing plant that had been underutilized, while still keeping their supply with that plant with a 5 year contract. This should improve margins. Also, they are going to keep emphasizing the St. Louis Bread unit of their company, which is called "Panera Bread" outside of St. Louis. (I like the original name better.)So, I am going to keep an eye on them, since I believe in the St. Louis Bread restaurant. But, this is not the time for me to buy.Joe Grant(BTW, Anyone out there?)
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar