Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
Potbelly Corp (PBPB)
NASDAQ:PBPB
Holding PBPB?
Track your performance easily
Earnings Data
Report Date
Feb 26, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0.07Last Year’s EPS
0.02Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Nov 09, 2018
|% Change Since: 52.96%
|Next Earnings Date:Aug 07, 2018
Earnings Call Sentiment|Neutral
The earnings call reflected a mix of positive and negative elements. Highlights included improvements in shop profit margins, significant franchise revenue growth, and the success of new shop openings and digital strategies. However, there were also challenges such as a decline in same-store sales, impacts from refranchising, and a challenging consumer environment. Despite these issues, the company is optimistic about future growth and development plans.Company Guidance
During the Potbelly Corporation's Q3 2024 earnings call, the company's leadership provided guidance highlighting several key metrics and strategic initiatives. Robert Wright, the CEO, reported a 70 basis point year-over-year improvement in shop profit margins and an expansion of the digital business, which accounted for over 38% of total shop sales, a 100 basis point increase from last year. The company opened 8 new shops during the quarter, bringing the total year-to-date openings to 15, and expects to open 9 to 11 more in Q4, which will result in 24 to 26 total openings for the year. Despite a challenging consumer environment, Potbelly has focused on value-driven initiatives, such as the $7.99 Everyday Value Combo, and has seen positive momentum in their Perks loyalty program, which contributed to driving customer frequency and brand engagement. Financially, Potbelly reported system-wide sales of approximately $139.2 million, an increase of 1% due to unit growth, with adjusted EBITDA for Q3 at $8.7 million, reflecting a 19% year-over-year growth. The company provided Q4 guidance for same-store sales growth of negative 2.5% to negative 0.5% and adjusted EBITDA between $7 million and $8 million.Improvement in Shop Profit Margins
Delivered a 70 basis point year-over-year improvement in shop profit margins.
Franchise Revenue Growth
Franchise revenue increased by 79% compared to the third quarter of the previous year, driven by a 30% increase in franchised units.
Successful New Shop Openings
Opened 8 new shops in Q3, with a total of 15 openings year-to-date, and expect 24 to 26 total shops for the year.
Digital Sales and Loyalty Program Success
Digital business represented over 38% of total shop sales, with Potbelly-owned channels contributing to an increase of approximately 100 basis points versus last year. The Perks loyalty program saw increased frequency in every cohort.
Adjusted EBITDA Growth
Achieved a 19% growth in adjusted EBITDA year-over-year, reaching $8.7 million or 7.5% of total revenue.
Franchise Shop Commitments
Increased total year-to-date franchise shop commitments to 86, an increase of 32 relative to the last quarter.
---
PBPB Earnings History
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 |
|---|---|---|---|
| Nov 07, 2024 | $8.27 | $9.97 | +20.56% |
| Aug 08, 2024 | $6.84 | $7.21 | +5.41% |
| May 08, 2024 | $9.95 | $9.18 | -7.74% |
| Mar 07, 2024 | $13.50 | $12.85 | -4.81% |
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 Feb 26, 2025, TBA Not Confirmed.
What is Potbelly Corp (PBPB) earnings time?
Potbelly Corp (PBPB) earnings time is at Feb 26, 2025, TBA Not 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 2024 (Q4) is 0.07.
---