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Actionable news in PNRA: Panera Bread Company,

Panera Bread (PNRA) CEO Shaich to CNBC: ‘The Vision Has Been Right’

NEW YORK (TheStreet) -- Shares of Panera Bread (PNRA) are higher by 4.05% to $216.02 in mid-morning trading on Wednesday, after the fast casual dining company posted better than expected 2016 second quarter earnings after the close on Tuesday.

The company posted non-GAAP earnings of $1.78 per diluted share on revenue of $698 million for the most recent quarter. Analysts were expecting earnings of $1.74 per share on revenue of $696.2 million for the period.

Panera founder and CEO Ron Shaich appeared on CNBC's "Squawk on the Street" this morning to discuss the...