Potbelly Corporation Reports Strong Results for First Fiscal Quarter 2024 [Yahoo! Finance]
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Potbelly Corporation (PBPB)
Last potbelly corporation earnings: 2/25 04:05 pm
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Source: Yahoo! Finance
Announces $20 million share repurchase program CHICAGO, May 08, 2024 (GLOBE NEWSWIRE) -- Potbelly Corporation (NASDAQ: PBPB (“Potbelly” or the “Company”) the iconic neighborhood sandwich shop concept, today reported financial results for its first fiscal quarter ended March 31, 2024. Key highlights for the quarter ended March 31, 2024, compared to March 26, 2023: Total revenues decreased by 6.0% to $111.2 million compared to $118.3 million, which included revenue from 33 shops that were refranchised in 2023. Average Weekly Sales (AWS) increased 1.6% to $24,250 and, inclusive of the impact of refranchising 33 former company locations in 2023, total company shop sales decreased by 8.0% to $107.6 million compared to $116.9 million. Same-store sales in the first quarter of (0.2)%, with expansion of traffic share during the quarter. GAAP net loss attributable to Potbelly Corporation was $2.8 million compared to $1.3 million. GAAP diluted earnings per share (EPS) was ($0.09) co
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PBPB
Earnings
- 5/8/24 - Beat
PBPB
Sec Filings
- 6/10/24 - Form 4
- 6/3/24 - Form 4
- 5/24/24 - Form 4
- PBPB's page on the SEC website