As some of you may know, Panera (NASDAQ:PNRA) was acquired for $7.5 billion by an investment vehicle of JAB Consumer Fund and JAB Holding Co. in 2017. You may be familiar with JAB from their recent IPO of Krispy Kreme. Krispy Kreme, whether profitable or not, has seen some positive social sentiment for giving away free donuts for receiving your vaccine shot.
Here comes Panera, giving away free bagels this weekend if you received your vaccination along with free coffee all summer from its subscription based model.
If IPO’d, how many of you would buy this stock and if so why? Do you see them being profitable against the likes of Starbucks, Dunkin, and even McDonald’s with its McCafé brand?
Submitted July 04, 2021 at 10:08PM by HolderofFour https://ift.tt/2TzUUjS
