Shares of Einstein Noah Restaurant Group (Nasdaq:BAGL) are spiking in pre-market trading after the bagel franchise posted first-quarter results after Wednesday’s close that trumped the consensus on Wall Street. The firm noted that despite a difficult operating environment characterized by heavy cost pressure from agricultural commodities and soft consumer spending, it was able to outperform.
Shares surged 18%, or $2, to $13 in pre-market trading. For detailed price information and recent news stories about Einstein Noah Restaurant, click BAGL.
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