UPDATE: Potbelly (PBPB) Tops Q3 EPS by 1c

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Go back to UPDATE: Potbelly (PBPB) Tops Q3 EPS by 1c

Potbelly Corporation Reports Results for Third Fiscal Quarter 2017

November 3, 2017 7:00 AM EDT

CHICAGO, Nov. 03, 2017 (GLOBE NEWSWIRE) -- Potbelly Corporation (NASDAQ: PBPB) today reported financial results for the third fiscal quarter ended September 24, 2017.

Key highlights for the thirteen weeks ended September 24, 2017 compared to the thirteen weeks ended September 25, 2016 include:

Total revenues increased 2.3% to $106.1 million from $103.8 million.Company-operated comparable store sales decreased 4.8%.Eight new shops opened, including two franchised shops and six company-operated shops.GAAP net loss attributable to Potbelly Corporation was $0.2 million, inclusive of a $1.5 million impairment charge compared to net income of $1.8 million,... More