Ultime notizie per Potbelly (NASDAQ:PBPB) Azioni

Potbelly

Potbelly Corp owns and franchises hundreds of limited-service restaurants specializing in sandwiches and salads, shakes. The menu includes toasty sandwiches, signature salads, soups, chili, sides, desserts, and, in breakfast locations it serves breakfast sandwiches and steel-cut oatmeal. majority of its locations are company-owned and located in the United States, with Illinois and Texas housing far more locations than any other state. The company has franchise partners in a number of countries. Excluding the United States, its franchises are in the Middle East.

Potbelly Corp

Benchmark analyst Todd Brooks reiterates Potbelly (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PBPB#NASDAQ">PBPB</a>) with a Buy and maintains $16 price target.

News

Price Target

Reiteration

Analyst Ratings

PBPB

Benchmark Reiterates Buy on Potbelly, Maintains $16 Price Target

Craig-Hallum analyst Jeremy Hamblin maintains Potbelly (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PBPB#NASDAQ">PBPB</a>) with a Buy and lowers the price target from $20 to $16.

Craig-Hallum Maintains Buy on Potbelly, Lowers Price Target to $16

Potbelly (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PBPB#NASDAQ">PBPB</a>) reported quarterly earnings of $0.08 per share which beat the analyst consensus estimate of $0.06 by 33.33 percent. This is a 14.29 percent increase over earnings of $0.07 per share from the same period last year. The company reported quarterly sales of $119.697 million which missed the analyst consensus estimate of $119.930 million by 0.19 percent. This is a 5.47 percent decrease over sales of $126.623 million the same period last year.

Earnings

Earnings Beats

Earnings Misses

Potbelly Q2 2024 Adj. EPS $0.08 Beats $0.06 Estimate, Sales $119.697M Miss $119.930M Estimate

2024 Same Store Sales % Growth to be&nbsp;Low-Single Digit

Guidance

Potbelly Reiterates Previously Provided Long-term Growth Ranges; Sees Q2 Same Store Sales Growth Of +0.0% To +2.0%

Buybacks

Potbelly Plans $20M Share Repurchase Program

Potbelly (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PBPB#NASDAQ">PBPB</a>) reported quarterly earnings of $0.01 per share which beat the analyst consensus estimate of $(0.01) by 200 percent. This is a 50 percent decrease over earnings of $0.02 per share from the same period last year. The company reported quarterly sales of $111.153 million which beat the analyst consensus estimate of $109.537 million by 1.48 percent. This is a 6.02 percent decrease over sales of $118.270 million the same period last year.

Potbelly Q1 2024 Adj EPS $0.01 Beats $(0.01) Estimate, Sales $111.153M Beat $109.537M Estimate

<h3>Gainers</h3>
<ul>
<li>Ballys (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BALY#NYSE">BALY</a>) shares increased by 26.1% to $13.39 during Monday's regular session. The market value of their outstanding shares is at $611.1 million. </li>
<li>Smart Share Glb (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EM#NASDAQ">EM</a>) stock rose 13.11% to $0.69. The market value of their outstanding shares is at $179.2 million. </li>
<li>Qurate Retail (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QRTEB#NASDAQ">QRTEB</a>) shares rose 12.93% to $5.48. The company's market cap stands at $2.1 billion. </li>
<li>Niu Techs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NIU#NASDAQ">NIU</a>) shares increased by 12.42% to $1.95. The market value of their outstanding shares is at $150.8 million. </li>
<li>NWTN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NWTN#NASDAQ">NWTN</a>) stock moved upwards by 11.43% to $4.72. The company's market cap stands at $1.3 billion. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Jeffs Brands (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JFBR#NASDAQ">JFBR</a>) shares decreased by 55.6% to $0.69 during Monday's regular session. The company's market cap stands at $2.1 million. </li>
<li>China Liberal Education (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CLEU#NASDAQ">CLEU</a>) shares declined by 14.76% to $1.04. The company's market cap stands at $3.4 million. </li>
<li>Barnes &amp; Noble Education (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BNED#NYSE">BNED</a>) shares declined by 13.62% to $0.79. The company's market cap stands at $41.7 million. </li>
<li>Singing Machine Co (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MICS#NASDAQ">MICS</a>) stock declined by 9.45% to $0.95. The company's market cap stands at $6.1 million. </li>
<li>Potbelly (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PBPB#NASDAQ">PBPB</a>) shares decreased by 8.57% to $11.75. The market value of their outstanding shares is at $345.0 million. The company's, Q4 earnings came out 2 days ago. 
See Also: <a href="http://www.benzinga.com/money/best-consumer-cyclical-stocks/" title="www.benzinga.com/money/best-consumer-cyclical-stocks/">www.benzinga.com/money/best-consumer-cyclical-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Movers

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CLEU

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MICS

NWTN

QRTEB

10 Consumer Discretionary Stocks Moving In Monday's Intraday Session

Benchmark analyst Todd Brooks maintains Potbelly (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PBPB#NASDAQ">PBPB</a>) with a Buy and raises the price target from $15 to $16.

Benchmark Maintains Buy on Potbelly, Raises Price Target to $16

Lake Street analyst Mark Smith maintains Potbelly (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PBPB#NASDAQ">PBPB</a>) with a Buy and raises the price target from $13 to $15.

Lake Street Maintains Buy on Potbelly, Raises Price Target to $15

Craig-Hallum analyst Jeremy Hamblin maintains Potbelly (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PBPB#NASDAQ">PBPB</a>) with a Buy and raises the price target from $16 to $20.

Craig-Hallum Maintains Buy on Potbelly, Raises Price Target to $20

Potbelly Sees FY24 Same Store Sales Low to Mid-Single Digit

Potbelly Sees Q1 2024 Same Store Sales (0.25%) To +0.5%

<h3>Gainers</h3>
<ul>
<li>Funko (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FNKO#NASDAQ">FNKO</a>) shares moved upwards by 14.6% to $7.38 during Thursday's after-market session. The market value of their outstanding shares is at $388.7 million. As per the press release, Q4 earnings came out today. </li>
<li>Gap (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GPS#NYSE">GPS</a>) stock moved upwards by 9.41% to $21.15. The company's market cap stands at $7.8 billion. The company's, Q4 earnings came out today. </li>
<li>EpicQuest Education Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EEIQ#NASDAQ">EEIQ</a>) shares rose 8.42% to $1.03. The market value of their outstanding shares is at $13.0 million. </li>
<li>Hall Of Fame Resort (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOFV#NASDAQ">HOFV</a>) stock moved upwards by 6.84% to $3.9. The company's market cap stands at $25.0 million. </li>
<li>Kaival Brands Innovations (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KAVL#NASDAQ">KAVL</a>) shares increased by 6.69% to $2.39. The market value of their outstanding shares is at $6.8 million. </li>
<li>QuantaSing Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QSG#NASDAQ">QSG</a>) stock moved upwards by 6.42% to $2.98. The company's market cap stands at $168.3 million. As per the press release, Q2 earnings came out today. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Savers Value Village (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SVV#NYSE">SVV</a>) stock declined by 5.0% to $19.95 during Thursday's after-market session. The company's market cap stands at $3.2 billion. As per the news, the Q4 earnings report came out today. </li>
<li>Potbelly (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PBPB#NASDAQ">PBPB</a>) shares decreased by 4.97% to $12.83. The company's market cap stands at $376.6 million. As per the press release, Q4 earnings came out today. </li>
<li>Noodles (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NDLS#NASDAQ">NDLS</a>) shares fell 4.9% to $2.33. The company's market cap stands at $104.6 million. As per the press release, Q4 earnings came out today. </li>
<li>Lanvin Group Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LANV#NYSE">LANV</a>) stock decreased by 4.09% to $2.35. The market value of their outstanding shares is at $308.7 million. </li>
<li>Volcon (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VLCN#NASDAQ">VLCN</a>) stock decreased by 3.63% to $0.9. The company's market cap stands at $14.0 million. </li>
<li>Fossil Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FOSL#NASDAQ">FOSL</a>) stock fell 3.52% to $0.9. The market value of their outstanding shares is at $47.2 million. 
See Also: <a href="http://www.benzinga.com/money/best-consumer-cyclical-stocks/" title="www.benzinga.com/money/best-consumer-cyclical-stocks/">www.benzinga.com/money/best-consumer-cyclical-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

EEIQ

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VLCN

12 Consumer Discretionary Stocks Moving In Thursday's After-Market Session

Potbelly (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PBPB#NASDAQ">PBPB</a>) reported quarterly earnings of $0.020 per share which missed the analyst consensus estimate of $0.030 by 33.33 percent. The company reported quarterly sales of $125.749 million which beat the analyst consensus estimate of $125.165 million by 0.47 percent. This is a 4.66 percent increase over sales of $120.151 million the same period last year.

Potbelly Q4 2023 Adj EPS $0.020 Misses $0.030 Estimate, Sales $125.749M Beat $125.165M Estimate

Potbelly (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PBPB#NASDAQ">PBPB</a>) reported its Q4 earnings results on Thursday, March 7, 2024 at 04:05 PM.
Here's what investors need to know about the announcement.
<h3>Earnings</h3>
Potbelly missed estimated earnings by -33.0%, reporting an EPS of $0.02 versus an estimate of $0.03.
Revenue was up $5.60 million from the same period last year.
<h3>Past Earnings Performance</h3>
Last quarter the company beat on EPS by $0.04 which was followed by a 10.0% increase in the share price the next day.
Here's a look at Potbelly's past performance:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q3 2023</th>
<th>Q2 2023</th>
<th>Q1 2023</th>
<th>Q4 2022</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>0</td>
<td>0.07</td>
<td>0.03</td>
<td>0.13</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>0.04</td>
<td>0.07</td>
<td>0.02</td>
<td>0.09</td>
</tr>
<tr>
<td>Revenue Estimate</td>
<td>122.00M</td>
<td>127.10M</td>
<td>119.10M</td>
<td>119.40M</td>
</tr>
<tr>
<td>Revenue Actual</td>
<td>120.77M</td>
<td>126.62M</td>
<td>118.27M</td>
<td>120.15M</td>
</tr>
</tbody>
</table>

To track all earnings releases for Potbelly <a href="https://www.benzinga.com/quote/PBPB/earnings">visit their earnings calendar here.</a> 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Recap: Potbelly Q4 Earnings

Potbelly (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PBPB#NASDAQ">PBPB</a>) is set to give its latest quarterly earnings report on Thursday, 2024-03-07. Here's what investors need to know before the announcement.
Analysts estimate that Potbelly will report an earnings per share (EPS) of $0.03. 
Potbelly bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
<h3>Past Earnings Performance</h3>
Last quarter the company beat EPS by $0.04, which was followed by a 9.66% increase in the share price the next day.
Here's a look at Potbelly's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q3 2023</th>
<th>Q2 2023</th>
<th>Q1 2023</th>
<th>Q4 2022</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>0</td>
<td>0.07</td>
<td>0.03</td>
<td>0.13</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>0.04</td>
<td>0.07</td>
<td>0.02</td>
<td>0.09</td>
</tr>
<tr>
<td>Price Change %</td>
<td>10.0%</td>
<td>-4.0%</td>
<td>-15.0%</td>
<td>8.0%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2024/1709737256_0.png" alt="eps graph" />
<h3>Stock Performance</h3>
Shares of Potbelly were trading at $13.6 as of March 05. Over the last 52-week period, shares are up 57.72%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release. 
<a href="https://www.benzinga.com/quote/PBPB/earnings">To track all earnings releases for Potbelly visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Potbelly's Earnings Outlook

The sub — or submarine sandwich — continues to be a popular <a href="https://www.benzinga.com/topic/food">food item across the U.S.</a>
Witness the massive scale of Subway, one of the world&#8217;s <a href="https://www.benzinga.com/m-a/23/08/33968344/from-foot-longs-to-billions-subways-sandwich-empire-faces-dramatic-turn-with-potential-roark-takeove">largest restaurant operators</a>. But it&#8217;s not just size that matters — location plays a large role in the success or failure of such enterprises.
Placer.ai, the business location analytics company, has been watching the rising success of Subway rival Jersey Mike&#8217;s Subs.
&#8220;Jersey Mike&#8217;s is among the nation&#8217;s fastest-growing franchise dining chains,&#8221; the analyst said. &#8220;Our data shows that the company targets affluent suburbs successfully.&#8221;
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">.@jerseymikesis is among the nation&#39;s fastest-growing franchise dining chains. Its popularity surged in recent years, with 2023 visits up by 14.1% YoY and plans to open 350 new stores in 2024. Our data shows that the company targets affluent suburbs successfully. <a href="https://t.co/QwY2Eovcs1">pic.twitter.com/QwY2Eovcs1</a>
&mdash; Placer.ai (@Placer_ai) <a href="https://twitter.com/Placer_ai/status/1758526381137318262?ref_src=twsrc%5Etfw">February 16, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Indeed, Placer.ai&#8217;s data shows that across its 2,000 or so locations, Jersey Mike&#8217;s is attracting affluent clientele.
The data suggest that 11.8% of Jersey Mike&#8217;s diners are defined as &#8220;prosperous, established couples in their peak earning years living in suburban homes. That compares with 8.4% of all other sub-sandwich chains.&#8221;
Meanwhile, &#8220;affluent middle-aged families and couples&#8221; make up 7.5% of its customers, compared with 5.6% for other chains.
Also Read: <a href="https://www.benzinga.com/news/earnings/24/02/37158707/why-fast-casual-restaurant-chain-shake-shack-shares-are-shooting-higher-today">Why Fast Casual Restaurant Chain Shake Shack Shares Are Shooting Higher Today</a>
Jersey Mike&#8217;s is privately owned under the helm of CEO Peter Cancro. Private equity group Roark Capital Management controls Subway. Whether Subway&#8217;s owner considers an initial public offering remains to be seen.
Meanwhile, shares in the fast food segment are currently doing well:
<ul>
<li>Shares in Potbelly Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PBPB#NASDAQ">PBPB</a>) are up 20.5% in 2024 so far. The chain gained 125% since the start of 2023. Interim results recently showed sales growth of around 6% and average weekly sales of around $24,900. It reports its fully audited earnings next month. </li>
</ul>
<ul>
<li>Shake Shack Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHAK#NYSE">SHAK</a>) shares jumped 26% on Thursday, and are up nearly 34% over the year so far. Since the start of 2023, they have soared 139%. The burger chain <a href="https://www.benzinga.com/news/earnings/24/02/37158707/why-fast-casual-restaurant-chain-shake-shack-shares-are-shooting-higher-today">reported</a> a 20% rise in fourth-quarter revenue to $286.2 million on Thursday, beating consensus expectations of $280.3 million. The company beat adjusted earnings of $31.4 million. It increased its net margin to 11% from 8.2%.</li>
</ul>
<ul>
<li>Earlier this month, Chipotle Mexican Grill Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMG#NYSE">CMG</a>) <a href="https://www.benzinga.com/news/earnings/24/02/36968089/chipotle-mexican-grill-q4-earnings-highlights-revenue-beat-eps-beat-guidance-and-unit-count-updates">reported</a> fourth-quarter revenue rose 15.4% to $2.5 billion and a 27.3% rise in diluted earnings per share — both beating Street consensus estimates. Its operating margin grew to 14.4% from 13.6% a year earlier. Chipotle&#8217;s shares were up 7.2% on the day, and are up 14.1% year to date. Since the start of 2023, the shares have climbed 88.2%. Chipotle, which currently owns around 2,000 locations in North America, has set its long-term goal of reaching 7,000.</li>
</ul>
By comparison, the Invesco Food &amp; Beverage ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PBJ#NYSE">PBJ</a>), an exchange-traded fund that holds both Shake Shack and Chipotle, is down 1% since the start of 2024.
Slightly better performing has been the AdvisorShares Restaurant ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EATZ#NYSE">EATZ</a>), which carries all three of the above stocks, along with other chains such as Domino&#8217;s Pizza (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DPZ#NYSE">DPZ</a>). EATZ is up 2.3% this year, and up 29% since the start of 2023.
Now Read: <a href="https://www.benzinga.com/news/earnings/24/02/36968089/chipotle-mexican-grill-q4-earnings-highlights-revenue-beat-eps-beat-guidance-and-unit-count-updates">Chipotle Mexican Grill Q4 Earnings Highlights: Revenue Beat, EPS Beat, Guidance And Unit Count Updates</a>
Image: Shutterstock

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Subway Rival Enjoys Spike In Popularity, Plus: Potbelly's Tasty Stock Performance

Benchmark analyst Todd Brooks upgrades Potbelly (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PBPB#NASDAQ">PBPB</a>) from Hold to Buy and announces $15 price target.

Upgrades

Benchmark Upgrades Potbelly to Buy, Announces $15 Price Target

WIIM

Potbelly shares are trading higher after the company issued preliminary Q4 and FY23 same-store sales growth guidance.

Potbelly: Challenging Environment Stalls Near-Term Growth, But Long-Term Story Intact

Darden Restaurants: Olive Garden May Surprise Positively

Brinker International: 'The Year Of Traffic' For Chili's

Texas Roadhouse: The Big Winner Of The 'Battle Of The Steakhouses'

The most crowded Restaurant stocks – UBS

Potbelly: Value Levers Seem To Be Paying Off

Restaurant Brands: The Buy Thesis For Q3 Has Tim Hortons As The Main Course

Jack in the Box: Del Taco Takes Another Shot At Value Promotions

Shake Shack: Surfing The Wave Of Fast-Food Inflation

Red Robin Gourmet Burgers perks up with activist investors on the prowl

BFICQ

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Press Releases

Potbelly Corporation Announces Conference Call to Discuss Fourth Quarter and Full Year 2023 Results on March 7, 2024

Potbelly Fuels Nationwide Expansion Through Increased Commitment from Existing Franchisees

Potbelly Corporation Reports Strong Results for Fourth Fiscal Quarter and Full Year 2023

Potbelly Corporation Announces Conference Call to Discuss First Quarter 2024 Results on May 8, 2024

Potbelly Corporation Reports Strong Results for First Fiscal Quarter 2024

Potbelly Corporation to Participate in Upcoming Investor Conferences

Potbelly Opens Shop at the Pentagon

Potbelly Corporation Announces Conference Call to Discuss Second Quarter 2024 Results on August 8, 2024

Potbelly Corporation Reports Results for Second Fiscal Quarter 2024

Potbelly Corporation Announces Conference Call to Discuss Third Quarter 2024 Results on November 7, 2024

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