Stratrix
On the Record · Panera Bread

Panera Bread acquisitions, on the record

The businesses Panera Bread bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

BusinessDealWhenValue
one bakery-cafe from a Florida franchisee (Hallandale, Florida franchisee)
Word for word“On April 9, 2013, the Company acquired substantially all the assets of one bakery-cafe from its Hallandale, Florida franchisee for a purchase price of $2.7 million .” 10-K for 2014
acquisitionApril 9, 2013$2.7 million
one bakery-cafe sold to an existing franchisee
Word for word“On March 3, 2015, the Company sold substantially all of the assets of one bakery-cafe to an existing franchisee for cash proceeds of approximately $3.2 million , which resulted in a gain on sale of approximately $2.6 million .” 10-K for 2015
divestitureOn March 3, 2015approximately $3.2 million
Tatte Holdings, LLC
Word for word“On December 7, 2015, the Company acquired a 50.01% interest in Tatte Holdings, LLC (“Tatte”), for a cash contribution of $4.0 million (the “Tatte Acquisition”).” 10-K for 2015
acquisitionOn December 7, 2015$4.0 million
one bakery-cafe from its Hallandale, Florida franchisee
Word for word“On April 9, 2013, the Company acquired substantially all the assets of one bakery-cafe from its Hallandale, Florida franchisee for a purchase price of $2.7 million .” 10-K for 2015
acquisitionOn April 9, 2013$2.7 million
Company-owned bakery-cafes (refranchising)
Word for word“As of December 27, 2016, the Company had completed the sale of 102 Company-owned bakery-cafes.” 10-K for 2016
divestitureAs of December 27, 2016—
As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year endedCash received from selling businesses
2016-12-27$15.6 million

Deal filings since 2016

Read from Panera Bread’s annual reports (10-K for 2016, 10-K for 2015, 10-K for 2014) and the financial data it files with the SEC, as of 2017-02-22. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.