secwatch.observer — SEC 8-K summary
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Issuer:     POTBELLY CORP (—)
CIK:        0001195734
Form:       8-K
Filed at:   2024-05-08T23:59:59+00:00
Accession:  0001195734-24-000092
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1195734/000119573424000092/0001195734-24-000092-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1195734/000119573424000092/pbpb-20240508.htm
  HTML page:      https://secwatch.observer/filing/0001195734-24-000092

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