Potbelly (PBPB) Reports In-Line Q2 EPS, SSS Fell 2bps

Potbelly (NASDAQ: PBPB) reported Q2 EPS of $0.13, in-line with the analyst estimate of $0.13. Revenue for the quarter came in at $110.3 million versus the consensus estimate of $112.41 million.

GUIDANCE:

Potbelly sees Q3 2018 EPS of $0.37-$0.39, versus the consensus of $0.36.

• 22-26 total shop openings, including 10-12 company operated shop openings;
• Flat company-operated comparable store sales growth;
• An effective tax rate that is in a range of 24%-26%, excluding the impact of ASU 2016-09; and
• Adjusted diluted earnings per share to range from $0.37-$0.39.

For earnings history and earnings-related data on Potbelly (PBPB) click here.

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