Panera Bread Company Company Profile (NASDAQ:PNRA)

About Panera Bread Company

Panera Bread Company logoPanera Bread Company (Panera) is a food service provider. Panera is a national bakery-cafe concept with approximately 1,970 Company-owned and franchise-operated bakery-cafe locations in over 45 states, the District of Columbia, and Ontario, Canada. The Company operates through three segments: Company Bakery-Cafe Operations, Franchise Operations, and Fresh Dough and Other Product Operations. The Company's menu groups are daily baked goods, including a range of freshly baked bagels, breads, muffins, scones, rolls, and sweet goods, made-to-order sandwiches on freshly baked breads, soups, freshly prepared and hand-tossed salads, pasta dishes, and roasted coffees and cafe beverages, such as hot or cold espresso and cappuccino drinks and smoothies. The Company offers Panera Catering, a catering service that provides breakfast assortments, sandwiches, salads, soups, pasta dishes, drinks, and bakery items.

Industry, Sector and Symbol:
  • Sector: Retail/Wholesale
  • Industry: Specialty Eateries
  • Sub-Industry: Restaurants
  • Exchange: NASDAQ
  • Symbol: PNRA
  • CUSIP: 69840W10
Key Metrics:
  • Previous Close: $232.10
  • 50 Day Moving Average: $216.40
  • 200 Day Moving Average: $208.54
  • 52-Week Range: $185.69 - $236.25
  • Trailing P/E Ratio: 37.56
  • Foreward P/E Ratio: 25.67
  • P/E Growth: 1.91
  • Market Cap: $5.30B
  • Outstanding Shares: 22,819,000
  • Beta: 0.31
  • Net Margins: 5.21%
  • Return on Equity: 42.93%
  • Return on Assets: 12.32%
  • Debt-to-Equity Ratio: 1.30%
  • Current Ratio: 0.73%
  • Quick Ratio: 0.67%
Additional Links:
Companies Related to Panera Bread Company:

Analyst Ratings

Consensus Ratings for Panera Bread Company (NASDAQ:PNRA) (?)
Ratings Breakdown: 2 Sell Ratings, 5 Hold Ratings, 18 Buy Ratings
Consensus Rating:Buy (Score: 2.64)
Consensus Price Target: $240.23 (3.50% upside)

Analysts' Ratings History for Panera Bread Company (NASDAQ:PNRA)
DateFirmActionRatingPrice TargetDetails
2/16/2017Robert W. BairdReiterated RatingOutperformView Rating Details
2/16/2017Oppenheimer Holdings, Inc.Reiterated RatingOutperform$240.00 -> $260.00View Rating Details
2/10/2017Telsey Advisory GroupBoost Price TargetOutperform$250.00 -> $270.00View Rating Details
2/9/2017Royal Bank Of CanadaBoost Price TargetOutperform$250.00 -> $255.00View Rating Details
2/9/2017Credit Suisse GroupBoost Price Target$260.00View Rating Details
2/9/2017Longbow ResearchDowngradeBuy -> NeutralView Rating Details
2/9/2017RBC Capital MarketsBoost Price Target$255.00View Rating Details
2/9/2017Jefferies Group LLCBoost Price TargetBuy$245.00 -> $267.00View Rating Details
2/8/2017Canaccord GenuityReiterated RatingBuy$255.00View Rating Details
2/8/2017Barclays PLCLower Price TargetOverweight$268.00 -> $264.00View Rating Details
2/8/2017Wells Fargo & CompanyReiterated RatingOutperformView Rating Details
1/28/2017WedbushReiterated RatingNeutral$220.00View Rating Details
1/19/2017Goldman Sachs Group, Inc. (The)UpgradeNeutral -> Buy$227.00View Rating Details
12/7/2016Sanford C. BernsteinReiterated RatingOutperform$250.00View Rating Details
10/27/2016Morgan StanleyReiterated RatingOverweight$250.00View Rating Details
10/26/2016BTIG ResearchReiterated RatingBuy$240.00View Rating Details
9/29/2016Maxim GroupBoost Price TargetBuy$230.00 -> $250.00View Rating Details
8/18/2016Piper Jaffray CompaniesBoost Price TargetOverweight$237.00 -> $260.00View Rating Details
8/11/2016Cowen and CompanySet Price TargetBuy$240.00View Rating Details
7/28/2016BMO Capital MarketsReiterated RatingMarket Perform$205.00 -> $210.00View Rating Details
7/26/2016Stifel NicolausDowngradeHold -> Sell$175.00View Rating Details
5/16/2016Sterne Agee CRTReiterated RatingNeutralView Rating Details
4/19/2016KeyCorpUpgradeSector Weight -> Overweight$240.00View Rating Details
4/4/2016Evercore ISIInitiated CoverageHoldView Rating Details
3/8/2016Off Wall StreetInitiated CoverageSell$150.00View Rating Details
11/2/2015Susquehanna Bancshares IncBoost Price TargetPositive$195.00 -> $203.00View Rating Details
9/29/2015William BlairReiterated RatingOutperformView Rating Details
7/29/2015Deutsche Bank AGReiterated RatingHold$180.00View Rating Details
5/28/2015WunderlichReiterated RatingHold$185.00View Rating Details
4/16/2015Bank of America CorpSet Price TargetBuy$205.00View Rating Details
4/16/2015Raymond James Financial, Inc.UpgradeUnderperform -> Market PerformView Rating Details
4/16/2015Miller TabakBoost Price TargetBuy$190.00 -> $200.00View Rating Details
4/15/2015GuggenheimInitiated CoverageNeutralView Rating Details
(Data available from 2/22/2015 forward)


Earnings History for Panera Bread Company (NASDAQ:PNRA)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/7/2017Q4 2016$2.00$2.05$727.75 million$727.11 millionViewListenView Earnings Details
10/25/2016Q316$1.34$1.37$682.04 million$684.20 millionViewN/AView Earnings Details
7/26/2016Q2$1.74$1.78$696.46 million$698.90 millionViewN/AView Earnings Details
4/26/2016Q1$1.50$1.56$674.12 million$685.10 millionViewN/AView Earnings Details
2/9/2016Q4$1.78$1.88$695.43 million$691.80 millionViewN/AView Earnings Details
10/27/2015Q315$1.31$1.32$667.22 million$665.00 millionViewListenView Earnings Details
7/28/2015Q215$1.63$1.61$680.03 million$677.00 millionViewListenView Earnings Details
4/28/2015Q115$1.43$1.41$659.33 million$649.00 millionViewN/AView Earnings Details
2/11/2015Q414$1.82$1.82$675.83 million$672.50 millionViewN/AView Earnings Details
10/28/2014Q314$1.42$1.46$620.40 million$619.89 millionViewListenView Earnings Details
7/29/2014Q214$1.75$1.82$640.78 million$631.05 millionViewListenView Earnings Details
4/29/2014Q114$1.52$1.55$598.07 million$605.30 millionViewListenView Earnings Details
2/18/2014Q413$1.94$1.96$662.63 million$662.00 millionViewListenView Earnings Details
10/23/2013Q313$1.35$1.35$585.52 million$572.48 millionViewListenView Earnings Details
7/23/2013Q2 2013$1.77$1.74$596.01 million$589.00 millionViewListenView Earnings Details
4/23/2013Q1 2013$1.65$1.64$566.16 million$561.80 millionViewListenView Earnings Details
2/5/2013Q4 2012$1.74$1.75$574.09 million$571.50 millionViewListenView Earnings Details
10/23/2012$1.19$1.24ViewN/AView Earnings Details
7/24/2012$1.43$1.50ViewN/AView Earnings Details
2/7/2012$1.41$1.42ViewN/AView Earnings Details
10/25/2011$0.94$0.97ViewN/AView Earnings Details
4/26/2011$1.07$1.09ViewN/AView Earnings Details
2/10/2011$1.17$1.21ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Panera Bread Company (NASDAQ:PNRA)
Current Year EPS Consensus Estimate: $7.69 EPS
Next Year EPS Consensus Estimate: $9.04 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20163$1.36$1.48$1.43
Q2 20164$1.73$1.77$1.75
Q3 20165$1.34$1.38$1.35
Q4 20165$1.98$2.01$2.00
Q1 20175$1.75$1.83$1.80
Q2 20175$1.83$2.10$1.90
Q3 20175$1.64$1.90$1.76
Q4 20175$2.13$2.39$2.33
Q1 20181$2.06$2.06$2.06
Q2 20181$2.28$2.28$2.28
Q3 20181$2.09$2.09$2.09
Q4 20181$2.41$2.41$2.41
(Data provided by Zacks Investment Research)


Dividend History for Panera Bread Company (NASDAQ:PNRA)
No dividend announcements for this company have been tracked by

Insider Trades

Insider Trading History for Panera Bread Company (NASDAQ:PNRA)
Insider Ownership Percentage: 6.96%
Institutional Ownership Percentage: 93.32%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
11/9/2016Scott G BlairSVPSell204$186.00$37,944.00View SEC Filing  
10/28/2016Scott G BlairSVPSell76$192.80$14,652.80View SEC Filing  
8/30/2016Mark D WooldridgeInsiderSell36$219.36$7,896.96View SEC Filing  
8/24/2016Scott G. BlairSVPSell202$217.95$44,025.90View SEC Filing  
8/15/2016Mark D WooldridgeInsiderSell164$222.18$36,437.52View SEC Filing  
8/15/2016Scott G. BlairSVPSell306$221.38$67,742.28View SEC Filing  
8/8/2016Scott G. BlairSVPSell228$218.24$49,758.72View SEC Filing  
8/1/2016Scott G. BlairSVPSell198$219.92$43,544.16View SEC Filing  
6/20/2016William W MoretonChairmanSell1,500$212.33$318,495.00View SEC Filing  
6/1/2016William Henry Jr. SimpsonSVPSell650$218.74$142,181.00View SEC Filing  
5/24/2016Kenneth M KoziolEVPSell307$213.92$65,673.44View SEC Filing  
5/9/2016Ronald M ShaichCEOSell17,500$215.09$3,764,075.00View SEC Filing  
5/5/2016Ronald M ShaichCEOSell2,494$215.01$536,234.94View SEC Filing  
5/3/2016Ronald M ShaichCEOSell20,006$215.09$4,303,090.54View SEC Filing  
2/12/2016Mark D WooldridgeInsiderSell221$199.13$44,007.73View SEC Filing  
2/12/2016Scott G BlairSVPSell64$195.35$12,502.40View SEC Filing  
2/1/2016Elizabeth A DunlapSVPSell99$193.37$19,143.63View SEC Filing  
2/1/2016Larry J FranklinDirectorSell650$195.00$126,750.00View SEC Filing  
1/25/2016Elizabeth A DunlapSVPSell75$182.99$13,724.25View SEC Filing  
1/25/2016Larry J FranklinDirectorSell364$185.00$67,340.00View SEC Filing  
1/19/2016Elizabeth A DunlapSVPSell151$190.50$28,765.50View SEC Filing  
1/11/2016Elizabeth A DunlapSVPSell151$187.53$28,317.03View SEC Filing  
1/4/2016Elizabeth A DunlapSVPSell45$192.86$8,678.70View SEC Filing  
1/4/2016William W. MoretonChairmanSell2,000$192.51$385,020.00View SEC Filing  
12/28/2015Elizabeth A DunlapSVPSell150$194.00$29,100.00View SEC Filing  
12/21/2015Elizabeth A DunlapSVPSell192$195.92$37,616.64View SEC Filing  
12/7/2015Daniel A WegielSVPSell314$190.00$59,660.00View SEC Filing  
12/2/2015Domenic ColasaccoDirectorSell1,413$182.18$257,420.34View SEC Filing  
9/15/2015William W MoretonChairmanSell2,000$182.75$365,500.00View SEC Filing  
12/29/2014Irene CookSVPSell258$173.39$44,734.62View SEC Filing  
10/3/2014William W MoretonChairmanSell1,500$166.87$250,305.00View SEC Filing  
8/25/2014Mark BorlandSVPSell198$152.79$30,252.42View SEC Filing  
8/11/2014Mark BorlandSVPSell302$146.00$44,092.00View SEC Filing  
8/14/2013Scott DavisEVPSell1,131$173.28$195,979.68View SEC Filing  
7/26/2013Roger Christian Jr. MatthewsCFOBuy1,500$168.58$252,870.00View SEC Filing  
2/25/2013Thomas E LynchDirectorSell6,500$158.01$1,027,065.00View SEC Filing  
(Data available from 1/1/2013 forward)


Latest Headlines for Panera Bread Company (NASDAQ:PNRA)
DateHeadline logoAmericans eat out less as higher menu prices take a bite from restaurant visits: Reuters/Ipsos poll (NASDAQ:PNRA) - February 21 at 5:34 PM logoWhat Panera Had to Change to Make Its Menu ‘Clean’ (NASDAQ:PNRA) - February 21 at 5:34 PM logoPanera Hits A New All-Time High, But Is It Time To Cash Out? (NASDAQ:PNRA) - February 13 at 11:35 PM logoStrong 4Q16 Earnings Drive Up Panera’s Valuation (NASDAQ:PNRA) - February 13 at 11:35 PM logoTatte Bakery expanding to Boston’s Fenway (NASDAQ:PNRA) - February 13 at 11:35 PM logoPanera Bread’s Success Shows Importance Of Technology (NASDAQ:PNRA) - February 13 at 9:09 AM
News IconBrokers Offer Predictions for Panera Bread Company's FY2017 Earnings (PNRA) (NASDAQ:PNRA) - February 13 at 9:09 AM logoWhy Did Panera’s Earnings Margins Contract in 4Q16? (NASDAQ:PNRA) - February 13 at 9:09 AM logoHow Panera Beat Analysts’ Earnings Estimates in 4Q16 (NASDAQ:PNRA) - February 13 at 9:09 AM
News IconPanera Bread Company (PNRA) Shares Gap Up Following Analyst Upgrade (NASDAQ:PNRA) - February 12 at 8:34 AM logoPanera Bread Co. (PNRA) Surged To A New High After Q4 Profit Topped Estimates - RTT News (NASDAQ:PNRA) - February 12 at 12:22 AM
News IconTelsey Advisory Group Just Issued "Outperform" Rating on Panera Bread Co (PNRA) (NASDAQ:PNRA) - February 11 at 1:39 AM logoPanera Bread On The Right Side Of A Powerful Trend (NASDAQ:PNRA) - February 11 at 1:39 AM
News IconPanera Bread Company (PNRA) Given "Outperform" Rating at Wells Fargo & Company (NASDAQ:PNRA) - February 11 at 1:39 AM logoWhat Drove Panera’s Revenue in 4Q16? (NASDAQ:PNRA) - February 11 at 1:39 AM logoWhy Are Analysts Optimistic about Panera’s 2017 Revenue? (NASDAQ:PNRA) - February 11 at 1:39 AM logoPapa John's Finally Delivers Its New Digital Exec (NASDAQ:PNRA) - February 11 at 1:39 AM logoPanera Bread Co. :PNRA-US: Earnings Analysis: 2016 By the Numbers : February 10, 2017 (NASDAQ:PNRA) - February 11 at 1:39 AM
News IconAnalysts Near-Term outlook: Panera Bread Company (PNRA), Range Resources Corporation (RRC) - The USA Commerce (NASDAQ:PNRA) - February 10 at 8:37 PM
News IconBuy or Sell? What Analysts Recommends: Microsemi Corporation (MSCC), Panera Bread Company (PNRA) - StockNewsJournal (NASDAQ:PNRA) - February 10 at 8:37 PM logoDigital Lunch Service Pays Off (GRB, PNRA) (NASDAQ:PNRA) - February 9 at 9:44 PM logoAnalyst Activity – Jefferies Group LLC Reiterates Buy on Panera Bread Company (NASDAQ:PNRA) (NASDAQ:PNRA) - February 9 at 9:44 PM logoPanera surges to record as Wall Street eyes payoff from technology (NASDAQ:PNRA) - February 9 at 9:44 PM logoPanera Bread Boosts Delivery, Digital Sales in Q4 (NASDAQ:PNRA) - February 9 at 9:44 PM logoPanera Bread downgraded by Longbow (NASDAQ:PNRA) - February 9 at 9:44 PM logoDigital Lunch Service Pays Off (NASDAQ:PNRA) - February 9 at 9:44 PM logoPanera Bread Co. :PNRA-US: Earnings Analysis: Q4, 2016 By the Numbers : February 9, 2017 (NASDAQ:PNRA) - February 9 at 9:44 PM logoHow Is Panera Bread Expanding Its Business? (NASDAQ:PNRA) - February 9 at 9:44 PM logoPanera Bread’s Stock Hits All-Time High on Positive Outlook (NASDAQ:PNRA) - February 9 at 9:44 PM logoPanera’s outlook is too ‘aggressive’ for some analysts to believe (NASDAQ:PNRA) - February 9 at 9:44 PM logo3 Stocks to Watch on Wednesday: Buffalo Wild Wings (BWLD ... - Nasdaq (NASDAQ:PNRA) - February 8 at 8:18 PM logoPanera (PNRA) Tops Q4 Earnings, Issues Guidance; Stock Up - Yahoo Finance (NASDAQ:PNRA) - February 8 at 8:18 PM
News IconTrading Sheet: Reviewing the Levels for Panera Bread Company (NASDAQ:PNRA) - Baldwin Journal (NASDAQ:PNRA) - February 8 at 8:18 PM logoPanera Bread Co. (PNRA) Is Up Sharply After Q4 Profit Surpassed Expectations - RTT News (NASDAQ:PNRA) - February 8 at 8:18 PM logoEarnings Reaction History: Panera Bread Company, 50.0% Follow-Through Indicator, 4.2% Sensitive - Nasdaq (NASDAQ:PNRA) - February 8 at 2:42 AM logoPanera Bread Co. (PNRA) Is Rising After Q4 Earnings Topped Expectations - RTT News (NASDAQ:PNRA) - February 8 at 2:42 AM logoPanera Bread Co. Reports 1% Advance In Q4 Earnings (NASDAQ:PNRA) - February 7 at 9:41 PM logoPanera aims high with profit guidance and delivery target (NASDAQ:PNRA) - February 7 at 9:41 PM
News IconEarnings Analysis of: Panera Bread Company (NASDAQ:PNRA) (NASDAQ:PNRA) - February 7 at 9:41 PM
News IconPanera Bread Co (PNRA) Releases Earnings Results, Beats Expectations By $0.05 EPS (NASDAQ:PNRA) - February 7 at 9:41 PM
News IconWill Panera Bread Company (NASDAQ:PNRA) Meet or Beat $2 EPS (NASDAQ:PNRA) - February 7 at 9:41 PM logoPanera shares higher after company earnings come in above expectations (NASDAQ:PNRA) - February 7 at 9:41 PM logo[$$] Panera's Quarterly Results Beat Projections (NASDAQ:PNRA) - February 7 at 9:41 PM logoPanera tops 4Q profit forecasts (NASDAQ:PNRA) - February 7 at 9:41 PM logoPanera beats 4Q profit forecasts (NASDAQ:PNRA) - February 7 at 9:41 PM logoInvestors Bite on Panera Bread Following Earnings Beat (NASDAQ:PNRA) - February 7 at 9:41 PM logoPanera jumps after hours, Buffalo Wild Wings tumbles (NASDAQ:PNRA) - February 7 at 9:41 PM logoPanera Bread Rises Higher on Solid Growth, Optimistic Outlook (NASDAQ:PNRA) - February 7 at 9:41 PM logoPanera Bread Jumps on Q4 Earnings Beat, Revenue Miss (NASDAQ:PNRA) - February 7 at 9:41 PM logoGM drives into earnings season; BP shares drop; Stocks steady (NASDAQ:PNRA) - February 7 at 8:50 AM


What is Panera Bread Company's stock symbol?

Panera Bread Company trades on the NASDAQ under the ticker symbol "PNRA."

Where is Panera Bread Company's stock going? Where will Panera Bread Company's stock price be in 2017?

25 equities research analysts have issued 12-month price targets for Panera Bread Company's shares. Their predictions range from $150.00 to $270.00. On average, they expect Panera Bread Company's stock price to reach $240.23 in the next twelve months.

When will Panera Bread Company announce their earnings?

Panera Bread Company is scheduled to release their next quarterly earnings announcement on Monday, April, 24th 2017.

What are analysts saying about Panera Bread Company stock?

Here are some recent quotes from research analysts about Panera Bread Company stock:

  • Canaccord Genuity analysts commented, "We continue to recommend shares of PNRA as we believe the company will continue to gain market share over the next several quarters given numerous catalysts in place (i.e. Panera 2.0, delivery, catering, clean" initiative and menu innovation). We will have additional comments following PNRA’s conference call at 8:30am EST on 2/8/2017. Bullish takeaways: (1) Sales gap to the industry continues to expand as PNRA reported a strong December comp of +4.0% (company stores) vs. the industry down -4.3% (as measured by BBI); (2) Digital utilization rate accelerated to 24% (from 22% last quarter); (3) Delivery is available in 15% of system-wide bakery-cafes (up from 13% last quarter) and is expected to be in 30% to 40% of the system by the end of ’17; (4) Panera 2.0 rollout is mostly complete for company stores; (5) U.S menu and food portfolio is now 100% clean; (6) 2017 guidance (+11% to +14% EPS growth) was slightly better than we expected." (2/8/2017)

  • According to Zacks Investment Research, "Over the next few years, Panera will continue to invest heavily in its operational capabilities to serve its customers better and strengthen its position in the market. However, these changes are leading to higher general and administrative expenses. Moreover, the company’s aim to make additional unit openings will lead to increased pre-opening costs. Also, high labor costs have increased expenses for Panera, which has more company-owned units and laborers, thereby further hurting margins. Nonetheless, focus on channels like catering and delivery, along with its Panera at Home business, bode well and should drive incremental revenues at the company. We are also positive on the company’s commitment to remove all artificial ingredients from its food items, which should drive its popularity among health-conscious consumers. Yet, a soft consumer spending environment in the U.S. restaurant space might limit revenue growth." (1/5/2017)

Who owns Panera Bread Company stock?

Panera Bread Company's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include FMR LLC (3.00%), State Street Corp (2.48%), Capital Guardian Trust Co. (1.79%), Artisan Partners Limited Partnership (1.47%), William Blair Investment Management LLC (0.98%) and Baird Financial Group Inc. (0.70%). Company insiders that own Panera Bread Company stock include Daniel A Wegiel, Domenic Colasacco, Elizabeth A Dunlap, Kenneth M Koziol, Larry J Franklin, Mark D Wooldridge, Ronald M Shaich, Scott G Blair, William Henry Jr Simpson and William W Moreton.

Who sold Panera Bread Company stock? Who is selling Panera Bread Company stock?

Panera Bread Company's stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, State Street Corp, Calamos Advisors LLC, FMR LLC, Janus Capital Management LLC, William Harris Investors Inc., A.R.T. Advisors LLC and Trexquant Investment LP. Company insiders that have sold Panera Bread Company stock in the last year include Kenneth M Koziol, Mark D Wooldridge, Ronald M Shaich, Scott G Blair, William Henry Jr Simpson and William W Moreton.

Who bought Panera Bread Company stock? Who is buying Panera Bread Company stock?

Panera Bread Company's stock was purchased by a variety of institutional investors in the last quarter, including Artisan Partners Limited Partnership, William Blair Investment Management LLC, Baird Financial Group Inc., Russell Investments Group Ltd., Genovese Burford & Brothers Wealth & Retirement Plan Management LLC, Castleark Management LLC, Capital Guardian Trust Co. and Nicholas Co. Inc. WI.

How do I buy Panera Bread Company stock?

Shares of Panera Bread Company can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Panera Bread Company stock cost?

One share of Panera Bread Company stock can currently be purchased for approximately $232.10.

Panera Bread Company (NASDAQ:PNRA) Chart for Wednesday, February, 22, 2017

Institutional Ownership Chart

Institutional Ownership by Quarter for Panera Bread Company (NASDAQ:PNRA)

Earnings History Chart

Earnings by Quarter for Panera Bread Company (NASDAQ:PNRA)

Dividend History Chart

Dividend Payments by Quarter for Panera Bread Company (NASDAQ:PNRA)

Last Updated on 2/22/2017 by Staff