Potbelly 3Q same-store sales turn positive, profit falls

Potbelly 3Q same-store sales turn positive, profit falls

Net income dropped 10 percent during the quarter

Potbelly Corp.’s same-store sales rose 0.5 percent during the third quarter ended Sept. 29, marking the operator’s first positive quarter for same-store sales this year, Potbelly said Tuesday.

However, net income for the Chicago-based fast-casual operator fell 10 percent, to $1.9 million, or 6 cents per share, from $2.2 million, or 12 cents per share, the previous year. Revenue rose 8.5 percent, to $84.7 million.

“We feel good about the prog

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