The earnings call highlighted strong sales growth, digital expansion, and franchise development, reflecting a positive trajectory for Potbelly. However, there are some concerns regarding expense management and mix decline. Despite these issues, the overall sentiment is largely positive due to the strong performance and increased financial guidance.

Company Guidance -

Q3 2025

During Potbelly Corporation's Second Quarter 2025 Earnings Call, the company provided guidance for the full year, projecting same-store sales growth of 2.0% to 3.0%, unit growth with at least 38 openings, and adjusted EBITDA of approximately $34.0 million to $35.0 million, up from the previous range of $33.0 million to $34.0 million. For the third quarter specifically, guidance included same-store sales growth of 3.25% to 4.25%, unit growth of at least 8 units, and adjusted EBITDA of $9.0 million to $10.0 million. The call highlighted Potbelly's continued sales momentum, driven by a 3.2% increase in same-store sales, which included a 1.1% rise in transactions and a 2.1% increase in average check. The company also reported an adjusted EBITDA of $9.6 million for the second quarter, reaching the high end of their guidance range, and emphasized their strategic focus on menu innovation, digital enhancements, and shop expansion as key drivers for their ongoing success.

Sales Growth and Shop Openings

Same-store sales grew by 3.2% with positive traffic. Potbelly opened 8 new shops in the quarter, surpassing expectations of 6 new shops, with plans to open at least another 8 in the third quarter.

Adjusted EBITDA Performance

Potbelly achieved an adjusted EBITDA of $9.6 million, reaching the high end of their guidance range and showing a 13% year-over-year growth.

Digital Sales Increase

Digital business represented over 41% of total shop sales, an increase of approximately 140 basis points compared to last year.

Franchise Growth Acceleration

Potbelly added 54 new franchise shop commitments, marking their strongest quarter ever, bringing the total open and committed shop count to 816.

Financial Guidance Increase

Potbelly increased their full-year 2025 guidance, anticipating same-store sales growth of 2.0% to 3.0%, unit growth of at least 38 openings, and adjusted EBITDA of approximately $34.0 million to $35.0 million.

Potbelly (PBPB) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

PBPB Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 29, 2025	2025 (Q3)	0.08 / -	0.08	―	―	―
Aug 06, 2025	2025 (Q2)	0.09 / 0.09	0.08	12.50% (<+0.01)
May 07, 2025	2025 (Q1)	-0.02 / 0.00	0.01	―
Mar 06, 2025	2024 (Q4)	0.07 / 0.13	0.02	550.00% (+0.11)
Nov 07, 2024	2024 (Q3)	0.04 / 0.08	0.04	100.00% (+0.04)
Aug 08, 2024	2024 (Q2)	0.06 / 0.08	0.07	14.29% (<+0.01)
May 08, 2024	2024 (Q1)	-0.01 / 0.01	0.02	-50.00% (-0.01)
Mar 07, 2024	2023 (Q4)	0.03 / 0.02	0.09	-77.78% (-0.07)
Nov 01, 2023	2023 (Q3)	>-0.01 / 0.04	0.01	300.00% (+0.03)
Aug 03, 2023	2023 (Q2)	0.07 / 0.07	0.05	40.00% (+0.02)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

PBPB Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 06, 2025	$11.51	$13.02	+13.12%
May 07, 2025	$8.56	$10.11	+18.11%
Mar 06, 2025	$11.81	$9.66	-18.20%
Nov 07, 2024	$8.27	$9.97	+20.56%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Potbelly Corp (PBPB) report earnings?

Potbelly Corp (PBPB) is schdueled to report earning on Oct 29, 2025, After Close (Confirmed).

What is Potbelly Corp (PBPB) earnings time?

Potbelly Corp (PBPB) earnings time is at Oct 29, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is PBPB EPS forecast?

PBPB EPS forecast for the fiscal quarter 2025 (Q3) is 0.08.

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