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 ...

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 (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 ...

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 ...

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 ...

Core Viewpoint - Potbelly (PBPB) has shown a significant price increase of 18.2% over the past four weeks, with a mean price target of $15.67 indicating a potential upside of 96.4% from the current price of $7.98 [1] Price Target Analysis - The average price target consists of three estimates ranging from a low of $15 to a high of $16, with a standard deviation of $0.58, suggesting a strong consensus among analysts [2] - The lowest estimate indicates an 88% increase, while the highest suggests a 100.5% upside, highlighting the potential for significant price movement [2] Analyst Sentiment - There is a strong agreement among analysts regarding PBPB's ability to report better earnings than previously predicted, which supports the expectation of an upside [4] - The Zacks Consensus Estimate for the current year has increased by 17.7% over the past month, with no negative revisions, indicating positive sentiment [10] Zacks Rank - PBPB holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimates, which further indicates potential upside [11]

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 ...

Investors in Potbelly Corporation (PBPB) need to pay close attention to the stock based on moves in the options market lately. That is because the Oct 18, 2024 $4.00 Call had some of the highest implied volatility of all equity options today. What is Implied Volatility? Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could ...

Potbelly Corporation (NASDAQ:PBPB) Q2 2024 Earnings Conference Call August 8, 2024 5:00 PM ET Company Participants Adiya Dixon - Chief Legal Officer, Chief Compliance Officer and Secretary Robert Wright - President & CEO Steven Cirulis - CFO & Chief Strategy Officer Conference Call Participants Todd Brooks - The Benchmark Company Matt Curtis - William Blair Jeremy Hamblin - Craig-Hallum Operator Good afternoon, everyone, and welcome to Potbelly Corporation's Second Quarter 2024 Earnings Conference Call. Tod ...

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 $0.07 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 60%. A quarter ago, it was expected that this sandwich restaurant operator would post a loss of $0.02 per share when it actually produced earnings of $0.01, delivering a surprise of 150%. Over the last four quarters, the ...