)
Edge28 Nov 2025
Keeping the Streak Alive: The Story of Duolingo
How Duolingo made language learning addictive, scaled to millions of users, and built a powerful subscription business around everyday practice.
Potbelly (PBPB) investor relations material
Potbelly Q2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2025 earnings summary6 Aug, 2025
Executive summary
System-wide sales grew 6.7% year-over-year to $154.2 million in Q2 2025, with same-store sales up 3.2% and positive traffic growth.
Adjusted EBITDA increased 13% to $9.6 million, and shop-level profit margin improved to 16.7% from 15.7% year-over-year.
Eight new shops opened and 54 new franchise shop commitments signed, bringing total open and committed shops to 816.
Digital sales exceeded 41% of total shop sales, supported by a new website and mobile app launch in late June.
Menu innovation, including the Prime Rib Steak Sandwich and new branded chips, drove customer engagement and top-line growth.
Financial highlights
Total revenues rose 3.4% year-over-year to $123.7 million, with company-operated shop sales at $118.4 million and franchise royalties and fees at $5.3 million.
Adjusted EBITDA was $9.6 million (7.8% of revenue), up from $8.5 million last year.
Net income was $2.5 million; adjusted net income $2.9 million, up from $2.5 million last year.
Shop-level profit rose to $19.7 million from $18.1 million year-over-year.
Average weekly sales for company-operated shops increased to $27,040 from $26,110 year-over-year.
Outlook and guidance
Full-year 2025 guidance raised: same-store sales growth 2.0%-3.0%, at least 38 new shop openings, adjusted EBITDA $34.0-$35.0 million.
Q3 2025 guidance: same-store sales growth 3.25%-4.25%, at least 8 new units, adjusted EBITDA $9.0-$10.0 million.
Long-term targets include low- to mid-single-digit same-store sales CAGR and low double-digit new unit growth.
Management expects sufficient liquidity for at least the next twelve months, supported by cash flow and a $30 million revolving credit facility.
Company shop development will remain limited, with focus on franchise growth and multi-unit agreements.
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
Potbelly Corporation is a restaurant company that operates and franchises a chain of sandwich shops. The company specializes in serving made-to-order sandwiches, salads, soups, and desserts, often featuring fresh and high-quality ingredients. Potbelly shops are known for their casual dining atmosphere and also offer catering services. The company is headquartered in Chicago, Illinois, and its shares are listed on the NASDAQ.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage