Potbelly Net Income Up 150% in Q3 as Perks Drive Engagement

Exec Edge

2024-11-08

By Karen Roman

Potbelly Corp. (Nasdaq: PBPB) said net income increased 150% in the third quarter and adjusted EBITDA rose 19%, surpassing analysts’ expectations.

Adjusted earnings per share was $0.08, up 100% compared to the year prior, while total revenue was $115.1 million, down 4.7%, it stated.

Potbelly said it opened eight shops during the third quarter and expects to inaugurate 9-11 shops in the last quarter.

“During the third quarter, our team once again demonstrated the effectiveness of our five-pillar strategic plan amidst a dynamic consumer environment,” said Bob Wright, Potbelly’s President and CEO. “Our app and Potbelly Perks program drove a positive shift in our comp trajectory and engagement with our brand.”

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Executives-Edge.com

Editor@executives-edge.com

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(Nasdaq: PBPB) said net income increased 150% in the third quarter and adjusted EBITDA rose 19%, surpassing analysts’ expectations.\nAdjusted earnings per share was $0.08,...</p>\n\n<a href=\"https://finance.yahoo.com/news/potbelly-net-income-150-q3-145828818.html\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"PBPB","symbol_name":"Potbelly Corporation","start_time":0,"source_url":"https://finance.yahoo.com/news/potbelly-net-income-150-q3-145828818.html","article_id":"2481310107","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/a1.57Bt0rgY16B0v4GDplw--~B/aD01ODg7dz03NDg7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/exec_edge_220/e6179a81d235ba6bce4a72a9d10e5768"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2481310107","pubTimestamp":1731077908,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Potbelly Corp.  said net income increased 150% in the third quarter and adjusted EBITDA rose 19%, surpassing analysts’ expectations.Adjusted earnings per share was $0.08, up 100% compared to the year prior, while total revenue was $115.1 million, down 4.7%, it stated.Potbelly said it opened eight shops during the third quarter and expects to inaugurate 9-11 shops in the last quarter.“During the third quarter, our team once again demonstrated the effectiveness of our five-pillar strategic plan amidst a dynamic consumer environment,” said Bob Wright, Potbelly’s President and CEO. “Our app and Potbelly Perks program drove a positive shift in our comp trajectory and engagement with our brand.”","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"PBPB":"Potbelly Corporation","BK4209":"餐馆"},"translate_title":"由于福利推动参与度，Potbelly第三季度净利润增长150%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PBPB":1},"content_text":"By Karen Roman\nPotbelly Corp. (Nasdaq: PBPB) said net income increased 150% in the third quarter and adjusted EBITDA rose 19%, surpassing analysts’ expectations.\nAdjusted earnings per share was $0.08, up 100% compared to the year prior, while total revenue was $115.1 million, down 4.7%, it stated.\nPotbelly said it opened eight shops during the third quarter and expects to inaugurate 9-11 shops in the last quarter.\n“During the third quarter, our team once again demonstrated the effectiveness of our five-pillar strategic plan amidst a dynamic consumer environment,” said Bob Wright, Potbelly’s President and CEO. “Our app and Potbelly Perks program drove a positive shift in our comp trajectory and engagement with our brand.”\nContact:\nExecutives-Edge.com\nEditor@executives-edge.com","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1,"code":"91000000","status":"200"}}}