Potbelly Reiterates Previously Provided Long-term Growth Ranges; Sees Q2 Same Store Sales Growth Of +0.0% To +2.0%
Portfolio Pulse from Benzinga Newsdesk
Potbelly Corporation has reaffirmed its long-term growth projections, expecting Q2 same store sales growth to range from 0.0% to 2.0%. For 2024, the company anticipates same store sales percentage growth to be in the low-single digits.
May 08, 2024 | 9:32 pm
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Potbelly Corporation reaffirms its long-term growth expectations, with Q2 same store sales growth projected between 0.0% to 2.0% and low-single digit growth for 2024.
Reiterating growth projections, especially in the context of same store sales, is generally perceived positively by the market as it indicates stability and potential for future revenue growth. The specific mention of expected growth ranges for Q2 and 2024 provides clear targets for investors to monitor, potentially increasing investor confidence in the company's strategic direction.
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IMPORTANCE 80
RELEVANCE 100