Potbelly (PBPB) Reports In-Line Q1 EPS; Comps Rose 3.7%
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Potbelly Corporation Reports Results for First Fiscal Quarter 2016
May 3, 2016 4:16 PM EDTCHICAGO, May 03, 2016 (GLOBE NEWSWIRE) -- Potbelly Corporation (NASDAQ: PBPB) today reported financial results for the first fiscal quarter ended March 27, 2016.
Key highlights for the thirteen weeks ended March 27, 2016 compared to the thirteen weeks ended March 29, 2015 include:
Total revenues increased 11.9% to $96.0 million from $85.8 million.Company-operated comparable store sales increased 3.7%.Seven new shops opened, including five company-operated shops and two franchised shops.Adjusted EBITDA increased 9.2% to $9.0 million from $8.2 million.Adjusted net income... More