Potbelly (PBPB) PT, Estimate Bumped Higher at Piper Jaffray post Q3
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Potbelly Corporation Reports Results for Third Fiscal Quarter 2014
November 4, 2014 4:07 PM ESTCHICAGO, Nov. 4, 2014 (GLOBE NEWSWIRE) -- Potbelly Corporation (Nasdaq: PBPB) today reported financial results for the third fiscal quarter ended September 28, 2014.
Key highlights for the thirteen weeks ended September 28, 2014 compared to the thirteen weeks ended September 29, 2013 include:
Eight new shops opened, including seven company-operated shops and one franchised shop. Total revenues increased 8.5% to $84.7 million from $78.0 million. Company-operated comparable store sales increased 0.5%. Adjusted net income attributable to Potbelly Corporation was $2.8 million, or $0.09 per diluted share, compared to adjusted net income of $3.2 million, or $0.15 per diluted share, during the... More