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Potbelly: 2Q Earnings Snapshot

August 6, 2019

CHICAGO (AP) _ Potbelly Corp. (PBPB) on Tuesday reported a loss of $1.9 million in its second quarter.

The Chicago-based company said it had a loss of 8 cents per share. Losses, adjusted for one-time gains and costs, came to 2 cents per share.

The results missed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 6 cents per share.

The sandwich restaurant operator posted revenue of $105.6 million in the period.

In the final minutes of trading on Tuesday, the company’s shares hit $4.20. A year ago, they were trading at $12.40.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PBPB at https://www.zacks.com/ap/PBPB

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