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Stock impact report

Potbelly: Challenging Environment Stalls Near-Term Growth, But Long-Term Story Intact [Seeking Alpha]

Potbelly Corporation (PBPB) 
Last potbelly corporation earnings: 2/25 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.potbelly.com/investor-relations
Company Research Source: Seeking Alpha
Summary 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. Overall growth for the full year may be flat to slightly negative due to the challenging environment. Potbelly's overall situation remains solid, though, and it appears capable of returning to growth with a modest improvement in the overall environment. Looking for more investing ideas like this one? Get them exclusively at Distressed Value Investing. Learn More » 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 Show less Read more
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