02:49 PM EDT, 05/08/2025 (MT Newswires) -- Potbelly (PBPB) shares were up more than 18% in recent trading Thursday, a day after the company reported Q1 results that topped analyst expectations.

The company reported late Wednesday Q1 breakeven adjusted earnings, compared with $0.01 per share a year earlier.

Four analysts polled by FactSet expected a loss of $0.02.

Revenue for the quarter ended March 30 was $113.7 million, up from $111.2 million a year earlier. Analysts surveyed by FactSet expected $111.7 million.

The restaurant chain said it continues to expect 2025 same-store sales growth of 1.5% to 2.5%. Potbelly also said it expects 1.5% to 2.5% same-store sales growth for Q2.

Price: 10.11, Change: +1.55, Percent Change: +18.11