Panera Bread reported revenue growth at a CAGR (compound annual growth rate) of 12.9% from 2006 to 2016. But as we can see in the graph above, the company's revenue growth was below its CAGR in the few years before it went private. It reported revenue rises of 6.0% in 2015 and 10.5% in 2016. In the first quarter of 2017, its YoY (year-over-year) revenue growth stood at 6.2%. From 2006 to 2016, Panera's peers Chipotle Mexican Grill and McDonald's reported CAGRs of 16.8% and 1.3%, respectively.