Dhanya's Feed
Feb 18, 2014

Panera Bread says bad weather hurting first-quarter sales

By Dhanya Skariachan

(Reuters) – Panera Bread Co (PNRA.O: Quote, Profile, Research, Stock Buzz) gave a disappointing profit forecast for the current quarter after blaming inclement weather for hurting customer visits to its bakery cafes.

The news dragged its shares down 1.4 percent in after-hours trade on Tuesday.

The company expects earnings of $1.49 per share to $1.55 per share in the first quarter. Analysts on average were looking for a profit of $1.70.

Feb 18, 2014
Feb 18, 2014
Feb 15, 2014
Feb 15, 2014

U.S. speed skaters will ditch new Under Armour suits

By Dhanya Skariachan and Phil Wahba

(Reuters) – U.S. speed-skaters decided on Friday to drop new, specially designed Under Armour Inc suits that media reports have linked to a dismal showing at the Sochi Games, reverting to apparel worn during recent World Cup events.

U.S. Speedskating President Mike Plant said the team, which has yet to clinch a medal at Sochi, will switch back to skin suits also made by the U.S. company but worn prior to the Winter Olympics.

Feb 14, 2014

Under Armour says U.S. speed skaters want option to use earlier suits

By Dhanya Skariachan and Phil Wahba

(Reuters) – U.S. Speedskating has asked Olympic authorities to let its athletes use an earlier version of a suit made by Under Armour Inc, the sports apparel maker’s head of innovation told Reuters on Friday.

The move comes after a dismal start for the U.S. team at the Sochi Games, where it has yet to win a medal after six of 12 events.

Feb 14, 2014
Feb 14, 2014
Feb 14, 2014
Feb 14, 2014