Comparing Two Companies in the Same Industry: Chipotle and Panera Bread

The project will include analyzing primarily the companies Chipotle and Panera Bread throughout the course, iteratively developing each component on a weekly basis by providing weekly PowerPoint documents of 5-7 slides. 

The financial information is available at:

• Chipotle Mexican Grill, Inc. text pages B-1 to B-24 (excerpts from 10-K/2015)
• Chipotle 2015 Annual Report-Full Report:   (click on 2015 report)
• Panera Bread Company text pages C-1 to C-39 (excerpts from 10-K/2015)
• Panera Bread Annual Report-Full Report: 
• Your team will conduct a company analysis in the “Collaboration Forum” each week with a minimum of three substantive posts by each team repare and submit your team’s PowerPoint presentation of 5-7 slides below, using the following cases:
1.  Chapter 13: Decision Case: 13-3/ Chipotle and Panera
• Decision Case 13-3

  Comparing Two Companies in the Same Industry: Chipotle and Panera Bread

1. Using the format in , prepare common-size comparative income statements for 2015 and 2014, for Panera Bread. Use total revenues as the base (i.e., 100%). Round all percentages to the nearest one-tenth of a percent. example below 

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1. The common-size comparative income statements indicate the relative importance of items on the statement. Compare the common-size income statements of Panera Bread and Chipotle. What are the most important differences between the two companies’ income statements?

2. Using the format in , prepare common-size comparative balance sheets at the end of 2015 and 2014, for Panera Bread. Round all percentages to the nearest one-tenth of a percent. example below 

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1. The common-size comparative balance sheets indicate the relative importance of items on the statement. Compare the common-size balance sheets of Panera Bread and Chipotle. What are the most important differences between the two companies’ balance sheets?