Same-Store Sales Growth
Potbelly reported a 3.2% same-store sales growth, with a 1.1% increase in transactions and a 2.1% increase in average check.
Shop Expansion Success
The company opened 8 new shops during the second quarter, exceeding their original expectation of 6 new shops.
Franchise Growth Acceleration
Potbelly added 54 new franchise shop commitments, marking the strongest quarter ever and bringing the total open and committed shop count to 816.
Digital Sales Performance
Digital business represented over 41% of total shop sales, an increase of approximately 140 basis points versus last year.
Adjusted EBITDA and Financial Performance
Adjusted EBITDA reached $9.6 million, representing a 13% year-over-year growth and achieving the high end of guidance.