Potbelly Corpora Stock Price, News & Analysis

Potbelly Corporation (NASDAQ: PBPB), the neighborhood sandwich shop chain, has scheduled its second quarter 2025 financial results announcement for August 6, 2025, after market close. The company will host a conference call at 5:00 p.m. Eastern Time featuring CEO Bob Wright and CFO Steve Cirulis.

The call will be accessible via phone (844-676-5533 U.S. & Canada, 412-634-6942 International) and webcast through potbelly.com's investor section. An audio replay will be available until August 13, 2025. Potbelly operates over 440 shops across the United States, including more than 90 franchised locations.

Utz Brands (NYSE: UTZ) has partnered with Potbelly Sandwich Works (NASDAQ: PBPB) to launch new Hot Pepper Flavored Potato Chips, exclusively available at Potbelly shops nationwide. The new product is inspired by Potbelly's signature Hot Peppers, bringing their popular spicy flavor to Zapp's kettle-style chips.

The collaboration builds on a 15-year partnership between the two brands, with Zapp's chips being a longtime companion to Potbelly's oven-toasted sandwiches. The Hot Pepper Chips join Zapp's existing lineup, which includes flavors such as Voodoo®, Spicy Cajun Crawtators®, Evil Eye®, and Salt & Vinegar.

Potbelly Corporation (NASDAQ: PBPB), the neighborhood sandwich shop concept, announced its participation in two upcoming investor conferences. Management will attend the Craig-Hallum 22nd Annual Institutional Investor Conference in Minneapolis on May 28, 2025, conducting one-on-one meetings with investors. The company will also present at the William Blair 45th Annual Growth Stock Conference in Chicago on June 4, 2025, at 4:40 PM Central Time, with a live webcast available on their investor relations website.

Potbelly operates over 440 shops across the United States, including more than 90 franchised locations. The company has been in business since 1977, when it opened its first shop in Chicago.

Potbelly Corporation (NASDAQ: PBPB) reported its Q1 2025 financial results with mixed performance. The company achieved 4.8% system-wide sales growth and 0.9% company-operated same-store sales increase. Total revenues grew 2.3% to $113.7 million. Average Weekly Sales increased 1.2% to $24,550. The company significantly reduced its net loss to $62,000 from $2.8 million year-over-year. During Q1, Potbelly opened four new shops and secured 40 additional franchise commitments, bringing total open and committed shops to 766. The company repurchased 117,000 shares for $1.1 million. For Q2 2025, Potbelly expects same-store sales growth of 1.5-2.5% and Adjusted EBITDA of $8.25M-$9.75M. Full-year 2025 guidance includes at least 38 new shops and Adjusted EBITDA of $33M-$34M.

Potbelly (NASDAQ: PBPB) has scheduled its first quarter 2025 financial results announcement for Wednesday, May 7, 2025 after market close. The company will host a conference call at 5:00 p.m. Eastern Time to discuss the results, led by President and CEO Bob Wright and CFO Steve Cirulis.

The conference call will be accessible via phone (844-676-5533 for U.S. & Canada, 412-634-6942 for International) and webcast through the company's website. An audio replay will be available until May 14, 2025.

Potbelly operates over 440 shops across the United States, including more than 90 franchised locations, serving sandwiches, salads, and shakes since its first Chicago shop opened in 1977.

Potbelly (NASDAQ: PBPB) reported its Q4 and full-year 2024 financial results. Q4 highlights include:

- GAAP EPS of $0.15 (+67% y-y)
- Net income of $4.6M (+69% y-y)
- Adjusted EBITDA of $9.7M (+30% y-y)
- Revenue decreased 7.3% to $116.6M
- Average Weekly Sales up 1.1% to $25,230
- Same-store sales increased 0.3%

Full-year 2024 performance showed:
- Revenue declined 5.9% to $462.6M
- GAAP net income of $40.3M (including $35.3M tax benefit)
- Adjusted EBITDA increased 14.9% to $32.6M
- Same-store sales decreased 0.3%

The company opened 23 new shops in 2024 and secured 113 new franchise commitments. Total open and committed shops reached 727, an 18.8% increase over Q4 2023. The company also continued its share repurchase program, with $18.6M remaining available.

Potbelly (NASDAQ: PBPB) has launched the 'Potbelly 50/50 Large Area Developer Incentive Program' to accelerate franchise expansion across the U.S. The program targets multi-unit franchisees who commit to opening at least 15 Potbelly shops within eight years.

Key benefits for qualifying franchisees include:

• Reduced initial franchise fees
• Reduced deposit fees
• 50% discount on royalty fees for shops opened ahead of schedule

The company is specifically targeting existing franchisees of non-competing brands with strong portfolios and financial capabilities. Franchise opportunities are available in multiple markets including Atlanta, Phoenix, Denver, Ohio, Virginia, Pennsylvania, parts of Florida, Tennessee, Dallas, Houston, and other Texas locations. Potbelly currently operates over 440 shops nationwide, including more than 90 franchised locations.

Potbelly (NASDAQ: PBPB) announced a significant expansion in St. Louis, Missouri through a new Shop Development Agreement with franchisee Todd Stimson. The agreement includes the development of seven new shop locations in the St. Louis region, adding to Stimson's existing three locations in the area.

Stimson, who was named Franchisee of the Year at Potbelly's 2023 System Summit and Operator of the Year in 2024, will strengthen the brand's presence in the market. This expansion aligns with Potbelly's strategic growth plan to partner with proven multi-unit operators for nationwide franchising. The new locations are expected to create multiple job opportunities in the St. Louis area, with specific locations and opening dates to be announced in the coming months.

Potbelly (NASDAQ: PBPB) has announced significant expansion plans in Texas through two new Shop Development Agreements (SDAs). The agreements will add 11 new locations across Houston and Austin areas. Dana and Richard Biddy will develop five shops in the Pearland-Galveston region, while Jignesh and Nitin Patel will establish six locations in Austin.

The Patel partners bring extensive experience operating major franchise brands including Dunkin' Donuts, Baskin Robbins, Subway, and Golden Corral. The expansion aligns with Potbelly's strategic growth initiative to partner with multi-unit operators through franchising. The company continues seeking operators for remaining territories in Texas including Houston, Dallas, Austin, and Waco.