BUZZ-Potbelly shares flop after Q4 results, guidance

Reuters
03-08
BUZZ-Potbelly shares flop after Q4 results, guidance

** Shares in restaurant company Potbelly Corp PBPB.O tumble ~15% on Friday, tracking for biggest one-day pct drop since May 2020, after report for Q4 and outlook for Q1, FY 2025

** For the qtr ended in Dec, PBPB reported diluted EPS of $0.15 vs $0.09 in year-ago quarter but rev fell 7.3% y/y to $116.6 mln

** Co said rev drop was driven by issues such as refranchising, including sale of 34 co shops since Q2 2023

** While it forecast 2025 same-store sales growth of 1.5%-2.5%, for Q1 it said that sees same-store sales decline in a range of 1.5% to 0.5% which would compare to an increase of 0.3% in Q4 vs a 6.3% increase in prior year

** PBPB last traded at $10, which compares with median PT of $16, according to LSEG, which shows just 4 analyst ratings: 3 'buy,' and 1 'hold'

** YTD PBPB up 5.9% after falling 9.6% in 2024 vs ~7% YTD drop for Nasdaq composite .IXIC, which rose 28.6% in 2024

(Reporting By Sinéad Carew)

((sinead.carew@thomsonreuters.com; +13322191897;))

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10