Dallas 2/25/2011 8:31:59 AM
News / Finance

PNRA, WEN, CAKE, PFCB, EAT: Food Companies That Still Thrive

Food Companies That Still Thrive: PNRA, WEN, CAKE, PFCB, EAT

Panera Bread Company (NASDAQ:PNRA) has lost 1.67% or $1.93 a share to settle at $113.72 with a volume of 181,071 shares compared to its three-month average volume of 476,392. For the past 52 weeks the stock has traded between $71.85 and $119.86 with an average market capitalization of $3.45 billion and a P/E ratio for the trailing 12 months of 31.41.

Panera Bread Company (Panera Bread) along with its subsidiaries is a national bakery-cafe concept with 1,380 Company-owned and franchise-operated bakery-cafe locations in 40 states and in Ontario, Canada. The Company operates under the Panera Bread, Saint Louis Bread Co. and Paradise Bakery & Café trademark names.

Wendy's (NYSE:WEN) has lost 1.43% or $0.09 a share to settle at $4.82 with a moderate volume of 2,560,988 compared to his three-month average volume of 5,634,000. For the past 52 weeks the stock has ranged between $3.83 and $5.55 with an average market capitalization of $2.02 billion and a P/E ratio of 13.

As of January 3, 2010, the Wendy's restaurant system consisted of 6,541 restaurants, of which 1,391 were owned and operated by the Company. As of January 3, 2010, the Arby's restaurant system consisted of 3,718 restaurants, of which 1,169 were owned and operated by the Company.

Cheesecake Factory Inc. (NASDAQ:CAKE) has gained 0.65% or $.18 a share to settle at $28.04 with a long volume of 913,524 compared to its average three-month volume of 1,121,300 shares. For the past 52 weeks the stock has ranged between $21.56 and $34 with an average market capitalization of $1.66 billion and a trailing twelve month P/E ratio of 20.77.

The Cheesecake Factory Incorporated operates in the restaurant industry. As of February 26, 2010, the Company operated 161 upscale, casual, full-service dining restaurants: 147 under The Cheesecake Factory mark; 13 under the Grand Lux Cafe mark, and one under the RockSugar Pan Asian Kitchen mark. In addition, it operated two bakery production facilities and licensed two limited menu bakery cafes under The Cheesecake Factory Bakery Cafe mark to another foodservice operator.

P.F. Chang's China Bistro Inc. (NASDAQ: PFCB) has lost 2.49% or $1.15 a share to settle at $44.99 with a volume of 496,730 compared to its three-month volume of 456,033. For the past 52 weeks the stock has been trading between $37.36 and $53.39 with an average market capitalization of $1.03 billion and a P/E ratio of 22.36 for the trailing 12 months.

P.F. Chang's China Bistro, Inc. (P.F. Chang's) operates in two segments: P.F. Chang's China Bistro (Bistro) and Pei Wei Asian Diner (Pei Wei). As of January 3, 2010, the Company owned and operated 197 full service Bistro restaurants. Its restaurants offer flavored culinary creations, prepared from ingredients, including herbs and spices imported directly from China.

Brinker International (NYSE:EAT) has lost 1.87% or $.43 a share to settle at $22.52 a share with a volume of 876,647 shares compared to its average three-month volume of 1,911,750. For the past 52 weeks the stock has been trading between $13.96 and $24.84 with an average market capitalization of $2 billion and a P/E ratio of 13.77 for the past 12 months.

Brinker International, Inc. (Brinker) owns, develops, operates and franchises the Chili's Grill & Bar (Chili's) and Maggiano's Little Italy (Maggiano's) restaurant brands. At June 30, 2010, the Company's system of Company-owned and franchised restaurants included 1,550 restaurants located in 50 states, and Washington, D.C.

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Forward-Looking Statement: This press release includes "forward-looking statements" within the meaning of the federal securities laws, commonly identified by such terms as "believes," "looking ahead," "anticipates," "estimates" and other terms with similar meaning. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Important factors that could cause actual results to differ materially from the Company's projections and expectations are disclosed in the Company's filings with the Securities and Exchange Commission. All forward-looking statements in this press release are expressly qualified by such cautionary statements and by reference to the underlying assumptions.

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