Stalled traffic not a roadblock
(Continued from page 1) Lewis and chief financial officer Charlie Talbot reiterated during the earnings call that all of Potbelly’s long-term targets, like 10-percent annual unit growth and maintaining restaurant-level margins of at least 20 percent, are predicated on same-store sales growth in the low single digits like the most recent 2.5-percent increase. “Our mind-set is around low-single-digit comps, and there are some years where that will be traffic-driven and some ...
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