Panera Bread Reports Q3 EPS of $0.61 (Including $0.04 in Net Charges), up 35% Over Q3 2008

Panera Bread Company (NASDAQ:PNRA) HIGHLIGHTS:

-- Company-owned comparable sales (calendar basis) up 6.9% in the first 27 days of Q4 09
-- Franchise comparable sales (calendar basis) up 6.3% in the first 27 days of Q4 09
-- Q3 2009 Company-owned comparable bakery-cafe sales up 3.3% over Q3 2008
-- Q3 2009 operating margin up 230 bps over Q3 2008
-- Q3 2009 net income up 38% over Q3 2008
-- Q4 2009 EPS target $0.85 to $0.87 (net of $0.05 of expected asset retirement expenses)
-- FY 2010 EPS target set at $3.05 to $3.15 (up 14% to 18% versus target for FY 2009)

Tim Hortons rolls into New York City

<< Major restaurant chain opens 12 coffee and baked goods locations in NYC; 3,500-store chain ranks as fourth largest in North America by market cap >>

Tim Hortons Inc. (NYSE: THI, TSX: THI), one of North America's largest quick service restaurant chains, today began serving its premium signature coffee, always fresh baked goods and variety of soups and sandwiches for the first time in New York City, a major market offensive that continues its ongoing U.S. expansion.

Tim Hortons has close to 3,500 locations in North America, including more than 500 in the U.S. Tim Hortons restaurants sell about two billion cups of coffee annually and account for more than seven of every 10 cups of coffee sold in quick service restaurants in Canada.

The Steak n Shake Company Reports Fiscal Second Quarter 2009 Results

The Steak n Shake Company (NYSE: SNS) today announced its results for its second fiscal quarter 2009, which ended April 8, 2009.

Fiscal Second Quarter 2009 Results

Net earnings for the second quarter of fiscal year 2009 were $2.3 million, or $0.08 per diluted share, contrasted to a net loss of ($2.8 million), or ($0.10) per diluted share in the second quarter of fiscal year 2008. Quarterly same-store sales increased 2.4% due to an increase in guest traffic of 7.8%, offset by a 5.4% contraction in the average guest check.

The Cheesecake Factory Reports Results for First Quarter of Fiscal 2009

The Cheesecake Factory Incorporated (NASDAQ: CAKE) today reported financial results for the first quarter of fiscal 2009, which ended on March 31, 2009.

Total revenues were $392.8 million in the first quarter of fiscal 2009 as compared to $393.8 million in the prior year first quarter. Net income and diluted net income per share were $10.0 million and $0.17, respectively.