Panera Bread (NASDAQ:PNRA) reported earnings today, and the market was generally pleased. Fourth-quarter profits were up, and the stock was up more than 3% on the news. However, the company lowered guidance for Q1 as well as for 2014 as a whole, citing bad weather this winter as the reason behind the reduced foot traffic the company experienced. Is that explanation to be believed, or are there other factors at stake here? On the lead story of Wednesday's Investor Beat, host Chris Hill and Motley Fool analyst Bill Barker look at Panera and its predictions for the year ahead.

Panera dominated for early investors. Where will the next massive gains come from?
They said it couldn't be done. But David Gardner has proved them wrong time, and time, and time again with stock returns like 926%, 2,239%, and 4,371%. In fact, just recently one of his favorite stocks became a 100-bagger. And he's ready to do it again. You can uncover his scientific approach to crushing the market and his carefully chosen six picks for ultimate growth instantly, because he's making this premium report free for you today. Click here now for access.

Bill Barker and Chris Hill have no position in any stocks mentioned. The Motley Fool recommends and owns shares of Panera Bread. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.