Potbelly (PBPB) Misses Q2 EPS by 1c

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Potbelly Corporation Reports Results for Second Fiscal Quarter 2017

August 4, 2017 7:00 AM EDT

CHICAGO, Aug. 04, 2017 (GLOBE NEWSWIRE) -- Potbelly Corporation (NASDAQ: PBPB) today reported financial results for the second fiscal quarter ended June 25, 2017.

Key highlights for the thirteen weeks ended June 25, 2017 compared to the thirteen weeks ended June 26, 2016 include:

Total revenues increased 3.0% to $108.1 million from $105.0 million.Company-operated comparable store sales decreased 4.9%.Sixteen new shops opened, including three franchised shops and thirteen company-operated shops.GAAP net loss attributable to Potbelly Corporation was $0.1 million, inclusive of a $3.3 million impairment charge compared to net income of $3.4... More