EXHIBIT 2 Selected Operating Statistics, Panera Bread Company, 20092014 2014 2013 2012 2011 2010 2009 Revenues at company-operated stores (in millions) $2,230.4 $2,108.9 $1,879.3 $1,593.0 $1,321.2 $1,153.3 Revenues at franchised stores (in millions) $2,282.0 $2,175.2 $1,981.7 $1,828.2 $1,802.1 $1,640.3 Systemwide store revenues (in millions) $4,512.4 $4,284.1 $3,861.0 $3,421.2 $3,123.3 $2,793.6 Average annualized revenues per company-operated bakery-Caf (in millions) $2.502 $2.483 $2.435 $2.292 $2.179 $2.031 Average annualized revenues per fran-chised bakery- Caf (in millions) $2.455 $2.448 $2.419 $2.315 $2,266 $2.109 Average weekly sales, company-owned Cafs $48,114 $47,741 $46,836 $44,07 1 $41,899 $39,050 Average weekly sales, franchised Cafs Comparable bakery-Caf sales percentage increases* 47,215 47,079 46,526 $44,527 $43,578 $40,566 Company-owned outlets 1.4% 4.5% 6.5% 4.9% 7.5% 2.4% Franchised outlets 0.9% 3.9% 5.0% 3.4% 8.2% 2.0% System-wide 1.1% 2.3% 5.7% 4.0% 7.9% 2.2% Company-owned bakery-Cafs open at year-end 925 867 809 740 662 585 Franchised bakery-Cafs open at year-end 955 910 843 801 791 795 Total bakery-Cafs open 1,880 1,777 1,652 1,541 1,453 1,380

What does the data in case Exhibit 2 reveal about Panera Breads operating performance?