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Here's What Panera Bread Investors Most Want to See From the First Quarter

Investors who have aggressively bought up Panera Bread's (PNRA - Get Report) stock this year are likely hoping the restaurant operator delivered on two key fronts in the first quarter.

The first is whether Panera, which is undergoing a massive overhaul to its menu to include more natural ingredients and tweak its ordering process, managed to sustain its impressive sales momentum seen at the start of the quarter. Back in February, Panera Bread said same-store sales for the first 41 days of the first quarter surged 6.4%, a significant acceleration from the 2.3% increase in the fourth quarter.

Panera credited the strength to its menu initiatives and push to add tablet and mobile ordering technology, the latter of which it calls Panera 2.0.

Based on the struggles of better burrito kin Chipotle (a>