Potbelly (PBPB) Misses Q3 EPS by 2c, FY EPS Guidance Misses Estimates

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Go back to Potbelly (PBPB) Misses Q3 EPS by 2c, FY EPS Guidance Misses Estimates

Potbelly Corporation Reports Results for Third Fiscal Quarter 2018

November 9, 2018 7:00 AM EST

CHICAGO, Nov. 09, 2018 (GLOBE NEWSWIRE) -- Potbelly Corporation (NASDAQ: PBPB) today reported financial results for the third fiscal quarter ended September 30, 2018.

Key highlights for the thirteen weeks ended September 30, 2018 compared to the thirteen weeks ended September 24, 2017 include:

Total revenues increased 0.8% to $107.0 million from $106.1 million.Company-operated comparable store sales decreased 0.2%.1 new company-operated shop opened; 7 shops closed, including 2 company-operated shops and 5 franchised shops.GAAP net loss attributable to Potbelly Corporation was $2.0 million, inclusive of a $4.4 million impairment charge compared to loss of $0.2 million, inclusive of a $1.5... More