Potbelly Corporation (PBPB) Q3 2024 Earnings Call Transcript Summary
Potbelly Corporation (PBPB) Q3 2024 Earnings Call Transcript Summary
The following is a summary of the Potbelly Corporation (PBPB) Q3 2024 Earnings Call Transcript:
以下是Potbelly公司(PBPB)2024年第三季度業績會議呼叫文本摘要:
Financial Performance:
財務表現:
Potbelly Corporation reported Q3 system-wide sales of approximately $139.2 million, an increase of 1% driven by system-wide unit growth.
Revenues were $115.1 million with company-operated shop revenue of $110.8 million. Franchise revenue was $4.4 million, up 79% relative to the third quarter last year.
Adjusted EBITDA was $8.7 million, marking a 19% growth year-over-year, driven by improved shop level margins and disciplined management of G&A.
Potbelly公司報告第三季度系統範圍內銷售額約爲13920萬美元,同比增長1%,主要受系統範圍內單位增長推動。
營收爲11510萬美元,公司經營店鋪營收爲11080萬美元。特許經營收入爲440萬美元,相對於去年第三季度增長了79%。
調整後的EBITDA爲870萬美元,同比增長19%,主要受到店鋪水平利潤率的提高和G&A的嚴格管理推動。
Business Progress:
業務進展:
Potbelly has introduced a range of new and returning menu items including the Farmhouse Chicken Sandwich, Blueberry Muffin Cookie, American Apple Pie Shake, and Smokestack Pork & Mac sandwich which have been well received.
The company emphasizes digital sales, which now represent over 38% of total shop sales.
The franchise-focused development has advanced with a total of 86 franchise shop commitments year-to-date and the planned opening of 9 to 11 total shops in Q4.
Launched Potbelly Craft Refreshers in partnership with Tractor Beverage Company.
Potbelly推出了一系列新菜品和回歸菜品,包括農家雞肉三明治、藍莓鬆餅餅乾、美式蘋果派奶昔和豬肉煙囪通心粉三明治,受到了好評。
該公司強調數字銷售,現在已佔總店鋪銷售額的38%以上。
以86家特許經營店鋪的承諾爲基礎,特許經營業務發展已經取得進展,並計劃在第四季度開設總共9到11家店鋪。
與拖拉機飲料公司合作推出Potbelly精釀飲料系列。
Opportunities:
機會:
Strategic emphasis on franchise growth shows potential with 695 shops across 33 franchises. Potbelly expects this number to grow, signaling an opportunity for expansion in new markets.
Increased beverage incidence rates and customer satisfaction from system-wide rollout of Potbelly Craft Refreshers.
戰略重點放在特許經營增長上,以33個特許經營中的695家店鋪展示潛力。Potbelly預計這一數字會增長,預示着在新市場擴張的機會。
由於Potbelly Craft Refreshers全系統推出,飲料銷售率和客戶滿意度有所提高。
Risks:
風險:
External factors such as hurricanes have resulted in delays in shop development timelines, though these delays are described as short-term.
外部因素如颶風導致店鋪發展時間表延遲,儘管這些延遲被描述爲短期的。
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示:如需更全面的詳情,請參閱投資人關係網站。本文僅供投資者參考,不作任何指引或建議。
譯文內容由第三人軟體翻譯。