---
schema_version: "secwatch.filing_event.v1"
accession: "0001195734-24-000092"
form_type: "8-K"
ticker: null
cik: "0001195734"
company_name: "POTBELLY CORP"
filed_at: "2024-05-08T23:59:59+00:00"
generated_at: "2026-06-02T08:46:22.131033+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Potbelly Q1 revenue down 6% to $111.2M, net loss widens; announces $20M buyback

## Summary
- Total revenues $111.2M, down 6.0% YoY; same-store sales fell 0.2%.
- GAAP net loss $2.8M ($0.09 diluted EPS) vs $1.3M loss ($0.05 EPS) a year ago.
- Adjusted EBITDA rose 2.2% to $5.7M; adjusted diluted EPS $0.01.
- AWS $24,250, up 1.6%; 32 new franchise shop commitments in Q1.
- Board authorized $20M share repurchase program.

## SEC filing metadata
- accession: 0001195734-24-000092
- form_type: 8-K
- cik: 0001195734
- company_name: POTBELLY CORP
- filed_at: 2024-05-08T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1195734/000119573424000092/0001195734-24-000092-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1195734/000119573424000092/pbpb-20240508.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001195734-24-000092
- JSON: https://secwatch.observer/filing/0001195734-24-000092.json
- Plain text: https://secwatch.observer/filing/0001195734-24-000092.txt

## Key facts
- Earnings Releases
  POTBELLY CORP reported first fiscal quarter ended March 31, 2024 results: revenue $111.2 million.
  - Period: first fiscal quarter ended March 31, 2024
  - Revenue: $111.2 million
  - Result: reported results
  source text: Total revenues decreased by 6.0% to $111.2 million compared to $118.3 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1195734/000119573424000092/0001195734-24-000092-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.