Panera Bread Co. shares rose in the extended session Tuesday after the bakery and restaurant chain topped Wall Street expectations for the quarter. Panera shares advanced 4% to $215.83 after hours. The company reported adjusted second-quarter earnings of $1.78 a share on revenue of $698.9 million. Analysts surveyed by FactSet had forecast earnings of $1.74 a share on revenue of $696.2 million. For the year, Panera expects adjusted earnings of $6.60 to $6.70 a share, while analysts are looking for $6.88 a share.
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