2023-04-10 18:06:41 ET
- Potbelly ( NASDAQ: PBPB ) on Monday announced certain Q1 2023 metrics, including shop-store-sales and adj. EBITDA, that were above its previously provided guidance.
- Shares of the company were down 2% to $8.23 after hours.
- PBPB said preliminary Q1 shop-store-sales grew 22% to 22.3%, versus a previous forecast of 18.5% to 20.5% growth.
- Preliminary Q1 adj. EBITDA was about $5.2M to $5.6M compared to a previous outlook of $4M to $5M.
- Preliminary Q1 average unit volumes were $23.8K to $23.9K, compared to a previous guidance of $23K to $24K.
For further details see:
Potbelly preliminary Q1 2023 shop-store-sales, adj. EBITDA above previous guidance