Panera's Frozen Signature Hot Chocolate features half & half blended with a bittersweet chocolate sauce and ice, topped with whipped cream. In comparison, the chain's Signature Hot Chocolate features steamed milk with the same chocolate sauce, topped with whipped cream. A hot or iced mocha latte is also available and adds espresso to the Signature Hot Chocolate.
To kick off the holiday season, on November 5, 2025, Panera will be giving a free Hot Chocolate Plush Keychain to the first 25 in-cafe (at the cashier) purchases of a Signature Hot Chocolate or Frozen Signature Hot Chocolate at participating locations.
Photo via Panera.

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