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PBPB - Potbelly: Good Post-Pandemic Sales Recovery But Increased Costs And Share Count
December, 09 2021 09:35 PM
Potbelly Corporation
Potbelly has demonstrated some strength with its sales recovery. Q3 2021 same-store sales were +4.5% above Q3 2019 levels. Shop-level profit margins are currently around 10% compared to 15% in 2019, although this should improve after some of its short-term costs diminish. Potbelly has been investing in the rollout of a new menu as well as a new app and website that has helped drive sales growth. Share count has gone up 22% compared to pre-pandemic. For further details see:
Potbelly: Good Post-Pandemic Sales Recovery, But Increased Costs And Share Count
Stock Information
Company Name:
Potbelly Corporation
Stock Symbol:
PBPB
Market:
NASDAQ
Website:
potbelly.com
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