NASDAQ$PBPB
Potbelly Corporation · Q3 2021 earnings
Q3 2021 earnings · · Investor relations
Briefing
Potbelly reported third quarter results with same-store-sales increasing and achieving shop-level profitability.
Potbelly Corporation reported a 40% increase in total revenues to $101.7 million compared to $72.7 million, and a GAAP net loss attributable to Potbelly Corporation was ($2.9) million, compared to a GAAP net loss of ($13.4) million. Adjusted diluted EPS was a loss of ($0.05) compared to an adjusted diluted EPS loss of ($0.42).
- Same-store sales trends continued to show improvement, ending the third quarter at +33.7% compared to the year ago period
- Third consecutive quarter of Average Unit Volumes (AUV) growth, exceeding $20K/week in the third quarter.
- National rollout of new menu drove increased revenue, traffic, and higher average check during the quarter.
- Same-store traffic improved +21.3% for the third quarter compared to the third quarter 2020, with Suburban, Drive-Thru and University shops reporting positive same-store traffic growth compared to the third quarter 2019.
Headline financials
Revenue & EPS history
Potbelly · Revenue · Quarterly
$102M
Revenue by segment
Potbelly · $120M total across 2 segments · Q4 2022
- Sandwich shop sales, net$119M—99.1%
- Franchise royalties, fees and rent income$1.12M—0.9%
Forward guidance
The Company's primary focus is the continued execution of the Company’s business priorities and finalizing their three-year strategic growth plan.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 7 quarterly earnings reports
+0.7%
Avg return
Earnings day
+4.9%
Avg return
5 days after
+0.9%
Avg return
30 days after
49%
27 / 55 earnings
Positive
+19.0%
Q4 2014
Best reaction
-24.7%
Q1 2020
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q3 2025 | — | — | — | |
| Q2 2025 | +13.1% | +11.7% | +10.0% | |
| Q1 2025 | +18.2% | +20.4% | +27.1% | |
| Q4 2024 | -18.2% | -17.6% | -25.3% | |
| Q3 2024 | +18.5% | +26.7% | +19.0% | |
| Q2 2024 | +8.4% | +15.7% | +13.7% | |
| Q1 2024 | -5.9% | -10.7% | -18.5% | |
| Q4 2023 | -3.9% | -11.5% | -19.7% | |
| Q3 2023 | +9.7% | — | — | |
| Q2 2023 | -4.7% | — | — | |
| Q1 2023 | -14.7% | — | — | |
| Q4 2022 | +9.4% | — | — | |
| Q3 2022 | +2.9% | — | — | |
| Q2 2022 | +2.7% | — | — | |
| Q1 2022 | -5.4% | — | — | |
| Q4 2021 | +6.9% | — | — | |
| Q3 2021 | -0.2% | — | — | |
| Q2 2021 | -0.8% | — | — | |
| Q1 2021 | +17.2% | — | — | |
| Q4 2020 | +3.6% | — | — | |
| Q3 2020 | +0.0% | — | — | |
| Q2 2020 | +18.7% | — | — | |
| Q1 2020 | -24.7% | — | — | |
| Q4 2019 | -3.3% | — | — | |
| Q3 2019 | +11.5% | — | — | |
| Q2 2019 | -9.5% | — | — | |
| Q1 2019 | -22.5% | — | — | |
| Q4 2018 | -0.5% | — | — | |
| Q3 2018 | -9.0% | — | — | |
| Q2 2018 | +1.2% | — | — | |
| Q1 2018 | +5.7% | — | — | |
| Q4 2017 | +8.4% | — | — | |
| Q3 2017 | +2.6% | — | — | |
| Q2 2017 | +0.5% | — | — | |
| Q1 2017 | -17.9% | — | — | |
| Q4 2016 | +4.2% | — | — | |
| Q3 2016 | -3.4% | — | — | |
| Q2 2016 | +2.6% | — | — | |
| Q1 2016 | -6.8% | — | — | |
| Q4 2015 | +15.9% | — | — | |
| Q3 2015 | -0.5% | — | — | |
| Q2 2015 | -10.2% | — | — | |
| Q1 2015 | -2.1% | — | — | |
| Q4 2014 | +19.0% | — | — | |
| Q3 2014 | +9.1% | — | — | |
| Q2 2014 | +3.5% | — | — | |
| Q1 2013 | -2.7% | — | — | |
| Q1 2014 | -2.2% | — | — | |
| Q4 2011 | -2.4% | — | — | |
| Q1 2012 | -2.4% | — | — | |
| Q2 2013 | -2.4% | — | — | |
| Q2 2012 | -2.4% | — | — | |
| Q4 2013 | -9.5% | — | — | |
| Q4 2012 | +0.4% | — | — | |
| Q3 2012 | +0.4% | — | — | |
| Q3 2013 | +13.9% | — | — |
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