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Potbelly Corporation (PBPB) Q3 2024 Earnings Call Transcript Summary

Potbelly Corporation (PBPB) Q3 2024 Earnings Call Transcript Summary

Potbelly公司(PBPB)2024年第三季度業績會通話摘要
富途資訊 ·  2024/11/10 04:49  · 電話會議

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。


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