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Potbelly Accelerates Growth with Signed Commitments for 32 New U.S. Shops
GlobeNewswire News Room· 2024-11-08 14:16
CHICAGO, Nov. 08, 2024 (GLOBE NEWSWIRE) -- Potbelly Corporation (NASDAQ: PBPB), the iconic neighborhood sandwich shop, today announced the completion of six new multi-unit development agreements. The commitments, which include an expanded partnership with Potbelly founder Bryant Keil, will bring new Potbelly shops to markets in six states across the country including Arizona, Illinois, Missouri, North Carolina, Texas and Virginia, with new and existing franchisee partners. These deals, all signed since July ...
Potbelly (PBPB) Beats Q3 Earnings and Revenue Estimates
ZACKS· 2024-11-08 01:26
Potbelly (PBPB) came out with quarterly earnings of $0.08 per share, beating the Zacks Consensus Estimate of $0.05 per share. This compares to earnings of $0.04 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 60%. A quarter ago, it was expected that this sandwich restaurant operator would post earnings of $0.05 per share when it actually produced earnings of $0.08, delivering a surprise of 60%.Over the last four quarters, the ...
Potbelly(PBPB) - 2024 Q3 - Quarterly Report
2024-11-07 21:29
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ______________________________________________ FORM 10-Q ______________________________________________ x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended September 29, 2024 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period from ____to ____ Commission File Number: 001-36104 _______ ...
Potbelly(PBPB) - 2024 Q3 - Quarterly Results
2024-11-07 21:19
Exhibit 99.1 Potbelly Corporation Reports Results for Third Fiscal Quarter 2024 GAAP EPS of $0.12 + 140% y-y and Adjusted EPS of $0.08 + 100% y-y Increased Profitability with Net Income +150% y-y and Adjusted EBITDA +19% y-y Eight shop openings and 32 additional franchise shop commitments in the third quarter Chicago, IL. November 7, 2024 – Potbelly Corporation (NASDAQ: PBPB), ("Potbelly" or the "Company") the iconic neighborhood sandwich shop concept, today reported financial results for its third fiscal q ...
Potbelly Corporation Announces Conference Call to Discuss Third Quarter 2024 Results on November 7, 2024
GlobeNewswire News Room· 2024-10-17 12:30
CHICAGO, Oct. 17, 2024 (GLOBE NEWSWIRE) -- Potbelly Corporation (NASDAQ: PBPB) ("Potbelly" or the "Company"), the iconic neighborhood sandwich shop concept, today announced the date for the release of its third quarter 2024 financial results. Third Quarter 2024 Results Potbelly will report its financial results for the fiscal third quarter 2024 on Thursday, November 7, 2024 after market close. The Company has scheduled a conference call for investors at 5:00 p.m. Eastern Time on the same day to discuss the ...
Potbelly: Value Levers Seem To Be Paying Off
Seeking Alpha· 2024-10-03 11:33
Potbelly (NASDAQ: PBPB ) may be overlooked in the fast-casual segment due to its relatively small footprint (just over 430 directly operated and franchised units), but since the arrival of I'm an equity analyst specializing in restaurant stocks, with a solid background in Business Administration and Accounting. I also have an MBA in Forensic Accounting and Controllership.As the founder of Goulart's Restaurant Stocks, I lead a company that excels at analyzing restaurant stocks in the US market. Our approach ...
PBPB Stock Outruns Industry in Past Three Months: Should You Buy Now?
ZACKS· 2024-09-18 13:31
Shares of Potbelly Corporation (PBPB) have gained 8.7% in the past three months, outperforming the industry's 5.3% growth. Despite facing macroeconomic pressures, the company's ability to grow in a tough environment, alongside its successful expansion strategy, has caught the attention of investors. But does this mean it's time to buy PBPB stock? Major Growth Drivers for PBPB Stock Franchise Expansion: Potbelly's growth strategy revolves around aggressive franchising, and the company is making significant p ...
Potbelly: Challenging Environment Stalls Near-Term Growth, But Long-Term Story Intact
Seeking Alpha· 2024-09-10 06:50
ablokhin Potbelly Corporation (NASDAQ:PBPB) delivered decent Q2 2024 results, with adjusted EBITDA at the high end of its guidance range, despite limited same-store sales growth. Potbelly did well in optimizing its labor costs to help boost its shop-level margins to 15.7%. However, the challenging consumer environment is having some impact on Potbelly's near-term outlook. It made a downward revision for its full-year 2024 guidance for the second time, and now expects roughly flat same-store sales growth and ...
Wall Street Analysts Believe Potbelly (PBPB) Could Rally 96.37%: Here's is How to Trade
ZACKS· 2024-09-02 15:00
Potbelly (PBPB) closed the last trading session at $7.98, gaining 18.2% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $15.67 indicates a 96.4% upside potential. The average comprises three short-term price targets ranging from a low of $15 to a high of $16, with a standard deviation of $0.58. While the lowest estimate indicates an increase of 88% from the current price level, the ...
Does Potbelly (PBPB) Have the Potential to Rally 98.61% as Wall Street Analysts Expect?
ZACKS· 2024-08-16 15:01
Potbelly (PBPB) closed the last trading session at $7.89, gaining 2.2% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $15.67 indicates a 98.6% upside potential. The average comprises three short-term price targets ranging from a low of $15 to a high of $16, with a standard deviation of $0.58. While the lowest estimate indicates an increase of 90.1% from the current price level, th ...