Potbelly

Potbelly Corp. engages in the owning and operating of sandwich restaurants. It offers toasty sandwiches, signature salads, and other fresh menu items. The company was founded in 1977 and is headquartered in Chicago, IL.

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Earnings data Q2 2023

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Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Potbelly achieves record revenues and sets ambitious growth targets for 2023

Potbelly's Q4 2022 performance showcased financial successes and growth initiatives, positioning the company for a strong 2023. The focus on franchise expansion, catering sales, and traffic-driven growth highlights strategic priorities for future success.

Potbelly reports solid Q1 results, eyes growth amidst challenges

Potbelly's Q1 performance showcased revenue growth and operational improvements.
The company's strengths lie in franchise expansion, marketing strategies, and customer value focus.
Challenges include managing costs, seasonal fluctuations, and profitability impacts.
Opportunities include growth prospects, shareholder returns, and continued traffic support.

Potbelly reports strong Q2 earnings, eyes digital growth opportunities

Potbelly Corporation's Q2 2023 performance reflects robust growth in sales, margins, and digital business, supported by strategic initiatives and a positive outlook for Q3.
While facing challenges in maintaining growth momentum and market competitiveness, Potbelly has opportunities to capitalize on digital growth, marketing strategies, and franchise expansion.
Investors should monitor Potbelly's ability to sustain its positive trajectory, navigate market challenges, and capitalize on growth opportunities for long-term value creation.

Potbelly reports robust Q3 results, eyes margin expansion in 2024

Potbelly's Q3 performance reflects strong sales growth and margin improvement, supported by digital initiatives and franchise expansion.
Challenges include managing pricing strategies amidst inflation and optimizing operations for margin targets.
Opportunities lie in franchise development, digital marketing, and strategic pricing to drive growth and enhance profitability.
Overall, Potbelly's focus on operational efficiency and customer value positions them for continued success in the fast-casual segment.

Potbelly excels in 2023 with growth strategies and digital focus

Potbelly's strong performance in 2023, driven by the Five-Pillar Strategy, positions the company for continued growth in 2024. Challenges include managing tax expenses as profits increase. Opportunities lie in the company's growth targets and digital business enhancements.

Potbelly reports margin growth and digital strength amid revenue decline

Potbelly's Q1 2024 performance saw margin expansion and digital business growth, despite revenue decline and net loss.
Challenges include softer sales, declining same-store sales, and the need to manage costs effectively.
Opportunities lie in driving EBITDA growth through unit expansion, digital initiatives, and customer value propositions.
The company's focus on enhancing customer experiences and managing margins amidst sales challenges will be key moving forward.

Potbelly reports solid Q2 performance amidst challenges and growth opportunities

Potbelly's Q2 performance reflects steady growth and financial strength, supported by margin expansion and strategic initiatives.
While facing challenges in sales growth and cost management, the company's focus on customer value and expansion opportunities bode well for the future.
Navigating competitive pricing and operational efficiency will be key, but Potbelly's strategic direction and market positioning offer promising avenues for growth.

Potbelly reports Q3 revenue growth, faces challenges in same-store sales

Potbelly's Q3 2024 performance showed mixed results with revenue growth but challenges in same-store sales and shop revenue.
The company's strategic pillars and loyalty program are strengths, while franchise growth and marketing offer growth opportunities.
Navigating refranchising impacts and market competition remain key challenges for Potbelly in the upcoming quarters.
Overall, Potbelly's focus on quality, digital presence, and franchise expansion sets the stage for future growth and success.

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Potbelly Corporation (NASDAQ:PBPB ) Q3 2024 Earnings Conference Call November 7, 2024 5:00 PM ET Company Participants Adiya Dixon - Chief Legal Officer, Chief Compliance Officer & Secretary Robert Wright - President & Chief Executive Officer Steven Cirulis - Chief Financial Officer & Chief Strategy Officer Conference Call Participants Jeremy Hamblin - Craig-Hallum Alex Sturnieks - Lake Street Capital Markets Todd Brooks - The Benchmark Company Matt Curtis - William Blair Operator Good afternoon everyone and welcome to Potbelly Corporation's Third Quarter 2024 Earnings Conference Call. Today's call is being recorded.

Potbelly Corporation (PBPB) Q3 2024 Earnings Call Transcript

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.

Potbelly Accelerates Growth with Signed Commitments for 32 New U.S. Shops

CHICAGO, Nov. 08, 2024 (GLOBE NEWSWIRE) -- Potbelly Corporation (NASDAQ: PBPB), the iconic neighborhood sandwich shop, today announced plans to open its first shops in Georgia after finalizing a multi-unit development agreement with franchise partner Royal Restaurant Group. Through the agreement, Royal Restaurant Group, a national franchise group that successfully operates restaurant locations for global brands, will bring 15 Potbelly shops to Georgia, all in the greater Atlanta region.

Potbelly Announces Plans to Enter Georgia with 15-Unit Development Agreement

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.

Potbelly (PBPB) Beats Q3 Earnings and Revenue Estimates

NEEDHAM, Mass.--(BUSINESS WIRE)--Immersion Investments, LLC and its Affiliates Issue Open Letter to Potbelly Corporation Urging Immediate Action to Maximize Value for its Shareholders.

ADDING MULTIMEDIA Immersion Investments, LLC and its Affiliates Issue Open Letter to Potbelly Corporation Urging Immediate Action to Maximize Value for its Shareholders

Immersion Investments, LLC and its Affiliates Issue Open Letter to Potbelly Corporation Urging Immediate Action to Maximize Value for its Shareholders

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.

Potbelly Corporation Announces Conference Call to Discuss Third Quarter 2024 Results on November 7, 2024

Potbelly's Franchise Growth Acceleration Initiative aims to expand to 2,000 units, with innovative prototypes reducing costs and driving franchisee interest, indicating significant growth potential. The 'Everyday Value Combo' and loyalty app 'Perks' have boosted value perception and customer retention, contributing to Potbelly's strong comparable sales and market share gains. PBPB's value score remains high among fast-casual restaurants, reflecting successful value promotions and menu innovations, despite industry challenges and price-sensitive consumers.

Potbelly: Value Levers Seem To Be Paying Off

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PBPB's focus on franchise expansion, digital transformation and value-driven strategies position it well for future growth.

PBPB Stock Outruns Industry in Past Three Months: Should You Buy Now?

Potbelly delivered +0.4% same-store sales growth along with $8.5 million in adjusted EBITDA in Q2 2024. Sales growth was in-line with its guidance, with adjusted EBITDA at the high-end of guidance. Potbelly expects Q3 2024 same-store sales growth to turn slightly negative though and has revised its full-year guidance downwards again.

Potbelly: Challenging Environment Stalls Near-Term Growth, But Long-Term Story Intact

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The average of price targets set by Wall Street analysts indicates a potential upside of 96.4% in Potbelly (PBPB). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

Wall Street Analysts Believe Potbelly (PBPB) Could Rally 96.37%: Here's is How to Trade

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The consensus price target hints at a 98.6% upside potential for Potbelly (PBPB). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Does Potbelly (PBPB) Have the Potential to Rally 98.61% as Wall Street Analysts Expect?

Franchise Growth Acceleration (FGA) Initiative: Potbelly continues to make significant strides in its FGA Initiative, highlighted by the successful opening of new, smaller-format units, such as those in military installations. Operational and Financial Performance: Potbelly achieved higher-than-expected weekly sales and improved unit-level margins. Value Proposition and Promotional Strategy: To combat industry-wide traffic declines, Potbelly introduced the ‘Everyday Value Combo' to attract price-sensitive non-loyal guests while maintaining loyalty through its Perks program.

Potbelly: A Twist On Value Complements The 'Perks' Hook And Build Strategy

Investors need to pay close attention to Potbelly (PBPB) stock based on the movements in the options market lately.

Is the Options Market Predicting a Spike in Potbelly (PBPB) Stock?

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. Today's call is being recorded.

Potbelly Corporation (PBPB) Q2 2024 Earnings Call Transcript

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.

Potbelly (PBPB) Tops Q2 Earnings and Revenue Estimates

Potbelly (PBPB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Potbelly (PBPB) Q2 Earnings Expected to Decline

CHICAGO, July 18, 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 second quarter 2024 financial results.

Potbelly Corporation Announces Conference Call to Discuss Second Quarter 2024 Results on August 8, 2024

Potbelly aims to grow through franchising, with a goal of becoming 85% franchised, focusing on lean unit models for expansion.

News for Potbelly Stock (PBPB)