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Potbelly Corp - PBPB STOCK NEWS

Welcome to our dedicated news page for Potbelly (Ticker: PBPB), a resource for investors and traders seeking the latest updates and insights on Potbelly.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Potbelly's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Potbelly's position in the market.

News
Potbelly Corporation Announces Conference Call to Discuss First Quarter 2024 Results on May 8, 2024
Rhea-AI Summary
Potbelly (NASDAQ: PBPB) has announced a conference call to discuss its first quarter 2024 financial results on May 8, 2024. The call will be hosted by President and CEO Bob Wright and CFO Steve Cirulis. Investors can dial in or access the webcast on the company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.88%
Tags
earnings
-
News
Potbelly Corporation Reports Strong Results for Fourth Fiscal Quarter and Full Year 2023
Rhea-AI Summary
Potbelly Corporation (PBPB) reports a 6.3% same-store sales growth in Q4 2023, with AWS of $24,960. The company provides a positive outlook for 2024 and introduces new long-term growth ranges. Total revenues for the year ended December 31, 2023, increased by 8.7% to $491.4 million compared to the previous year. Same-store sales saw a significant increase of 12.0%, with traffic growth as a major driver. Adjusted EBITDA increased by 80.0% to $28.3 million. The company's President and CEO, Bob Wright, expressed pride in the team's accomplishments and highlighted the success of their Five-Pillar Strategy, focusing on customer satisfaction, brand growth, and profitability.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.81%
Tags
earnings
-
News
Potbelly Fuels Nationwide Expansion Through Increased Commitment from Existing Franchisees
Rhea-AI Summary
Potbelly Corporation signs four multi-unit development agreements with franchisees to add 18 new locations, showcasing strong growth and brand appeal.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.27%
Tags
none
News
Potbelly Corporation Announces Conference Call to Discuss Fourth Quarter and Full Year 2023 Results on March 7, 2024
Rhea-AI Summary
Potbelly Corporation (PBPB) announces the date for the release of its fourth quarter and full year 2023 financial results. The company will report its financial results on Thursday, March 7, 2024, after market close, with a conference call scheduled for investors at 5:00 p.m. Eastern Time on the same day.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.46%
Tags
earnings
-
News
Potbelly Corporation Announces New Three-Year, $30 Million Credit Facility
Rhea-AI Summary
Potbelly Corporation (NASDAQ: PBPB) announces the closure of a new $30 million revolving credit facility that is expected to save approximately $2 million in net interest on an annualized basis. The Facility, led by Wintrust Bank, achieved a 600-basis point reduction in the interest rate margin compared to the prior term loan, resulting in a lower interest rate of SOFR + 325 basis points. This move is seen as a significant step to strengthen Potbelly's financial position and provide flexibility for future growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.1%
Tags
none
-
News
Potbelly Launches Reimagined Potbelly Perks Loyalty Program
Rhea-AI Summary
Potbelly Corporation (NASDAQ: PBPB) is launching a reimagined Potbelly Perks loyalty program, offering faster rewards, more menu items for redemption, and introducing bankable Coins. The new program allows members to earn rewards in as little as one or two visits and have access to the entire menu. Points from the previous loyalty program will be converted to Coins, and members can earn 10 Coins for every $1 spent, with menu items available for redemption starting at 200 Coins. The program also introduces different member levels with varying benefits.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.39%
Tags
none
News
Potbelly Corporation Reports Preliminary Results for Fourth Fiscal Quarter and Full Year 2023
Rhea-AI Summary
Potbelly Corporation (PBPB) reported preliminary results for the fourth fiscal quarter and full year ended December 31, 2023, with 5.9% - 6.4% same-store sales growth and Average Weekly Sales (AWS) of $24,870 - $24,970. The company also announced 192 new shop commitments under the Franchise Growth Acceleration Initiative, showing strong performance and progress in 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
11.91%
Tags
earnings
-
News
Potbelly Corporation to Participate at the 26th Annual ICR Conference
Rhea-AI Summary
Potbelly Corporation (NASDAQ: PBPB) announced that Bob Wright, President and CEO, and Steve Cirulis, SVP and CFO, will host a fireside chat at the 26th Annual ICR Conference on January 8, 2024. They will also hold one-on-one meetings with investors during the conference.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.09%
Tags
conferences
-
News
Potbelly Announces 22-Shop Agreement in Seattle-Tacoma Region
Rhea-AI Summary
Potbelly Corporation (NASDAQ: PBPB) expands its presence in the greater Seattle-Tacoma region of Washington state through a franchise deal with Sound Sandwich LLC. The agreement involves the development of 13 new shops and the sale of nine existing units, aiming to increase the total number of shops in the area to 22 over the next eight years. President and CEO Bob Wright expresses excitement for the market potential and the underpenetrated nature of the region, while franchisee partners, Sound Sandwich LLC, bring extensive experience in multi-unit operations and a people-centric growth model.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.3%
Tags
none
News
Potbelly Corporation to Participate at the 2023 Stephens Annual Investment Conference
Rhea-AI Summary
Potbelly Corporation will host a fireside chat at the 2023 Stephens Annual Investment Conference on November 15, 2023. President and CEO Bob Wright and CFO Steve Cirulis will also hold one-on-one meetings with investors during the conference.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.55%
Tags
conferences
Stock PBPB logo
Potbelly Corp

Nasdaq:PBPB

PBPB Rankings

#3346 Ranked by Market Cap
#265 Ranked by Stock Gains
N/A Ranked by Dividends

PBPB Stock Data

310.78M
22.35M
14.26%
68.19%
4.48%
Food Service Contractors
Accommodation and Food Services
Link
US
Chicago

About PBPB

potbelly sandwich shop got its start as a small antique store that turned into a lines-out-the-door neighborhood sandwich shop. before you knew it, word got out about our craveable toasty sandwiches, and we couldn’t contain the irresistible potbelly vibe and food to simply one location. today, there are more than 400 potbelly sandwich shops serving neighborhoods in 29 states and washington dc and 30 franchise shops, including locations in the middle east & uk. the unique potbelly experience is created by simple, fresh and tasty food, live local music, eclectic décor and our friendly employees whose mission is to make people really happy. -building the potbelly nation! we are opening more shops in more places across the country. this kind of growth means more opportunity for you, whether it’s in our shops or at our support center. we’re looking for leaders at every level who have positive energy, great teamwork and the desire to succeed both personally and professionally. we are creatin