Potbelly (PBPB) Reports In-Line Q4 EPS, Comps Decrease 2.4%
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Potbelly Corporation Reports Results for Fourth Fiscal Quarter and Full Fiscal Year 2017
February 23, 2018 7:01 AM ESTCHICAGO, Feb. 23, 2018 (GLOBE NEWSWIRE) -- Potbelly Corporation (NASDAQ: PBPB) today reported financial results for the fourth quarter and full fiscal year ended December 31, 2017.
Key highlights for the fourteen weeks ended December 31, 2017 compared to the thirteen weeks ended December 25, 2016 include:
Total revenues increased 9.6% to $112.1 million from $102.4 million.Company-operated comparable store sales decreased 2.4%, adjusting for the impact of the 14th week.Fifteen new shops opened, including twelve company-operated shops and three franchised shops.GAAP net loss attributable to Potbelly Corporation was $7.3 million, inclusive... More