Welcome to our dedicated page for Potbelly Corpora news (Ticker: PBPB), a resource for investors and traders seeking the latest updates and insights on Potbelly Corpora stock.
Potbelly Corporation (PBPB) is a neighborhood sandwich shop concept that has grown from a single Chicago location opened in 1977 into a national brand with several hundred shops across the United States. As an operator and franchisor of Potbelly Sandwich Works restaurants, the company regularly issues news on its financial performance, franchise development and brand initiatives, making its news flow relevant to investors, analysts and followers of the restaurant and food service sector.
News about Potbelly often includes quarterly and annual earnings releases, where the company discusses system-wide sales growth, company-operated same-store sales, Average Weekly Sales, Adjusted EBITDA and other non-GAAP metrics. These updates typically outline Potbelly’s views on its growth trajectory, shop development pipeline, franchise commitments and the performance of its mix of company-operated and franchised shops.
Potbelly also announces franchise development agreements and programs, such as Shop Development Area Agreements and the Potbelly 50/50 Large Area Developer Incentive Program, which are intended to support multi-unit franchise growth. Press releases have highlighted new shop openings, additional franchise shop commitments and market-specific expansion plans, including agreements in regions such as St. Louis, Missouri.
Brand and menu-related news is another recurring theme. Potbelly has publicized menu innovation and partnerships, such as the launch of Hot Pepper Flavored Potato Chips in collaboration with Zapp’s, inspired by its signature Hot Peppers and offered exclusively at Potbelly shops. These announcements underscore the company’s focus on its core menu of warm, toasty sandwiches, signature salads and hand-dipped shakes, as well as extensions that build on existing fan favorites.
In 2025, Potbelly’s news flow also included transaction-related announcements tied to its acquisition by RaceTrac, Inc. The company disclosed the signing of an Agreement and Plan of Merger, the terms of a tender offer for its shares and, later, the completion of the merger that resulted in Potbelly becoming a wholly owned subsidiary of RaceTrac. For readers tracking the PBPB symbol, this news page provides a historical record of Potbelly’s public communications, from operational updates to corporate transactions.
Potbelly (NASDAQ: PBPB), the iconic neighborhood sandwich shop concept, has announced the date for the release of its second quarter 2024 financial results. The company will report its results on Thursday, August 8, 2024 after market close, followed by a conference call for investors at 5:00 p.m. Eastern Time on the same day.
The call will be hosted by Potbelly's President and CEO, Bob Wright, and CFO, Steve Cirulis. Investors can dial in using the numbers provided or access the webcast live from the company's corporate website. An audio replay will be available until August 15, 2024.
Potbelly operates over 425 shops in the United States, including more than 80 franchised locations, offering warm sandwiches, salads, and shakes for over 40 years.
Potbelly has opened its first location at the Pentagon, expanding its footprint on military installations. This follows the recent launch of its first shop at Fort Liberty, with two more locations under development there. The Pentagon store officially opened on June 28 and will host a grand opening ribbon-cutting ceremony on July 16, with all sales on that day benefiting the Tunnel to Towers' Homeless Veterans program. Potbelly is partnering with the Navy Exchange Service Command and the Army & Air Force Exchange Service to facilitate these openings. The company aims to continue its growth strategy, with a long-term goal of 2,000 shops across the U.S.
Potbelly (NASDAQ: PBPB), a well-known neighborhood sandwich shop, announced that its top executives will participate in upcoming investor conferences. On May 29, 2024, the company will hold one-on-one meetings with investors at the Craig-Hallum 21st Annual Institutional Investor Conference in Minneapolis, MN. Additionally, on June 4, 2024, Potbelly will present at the William Blair 44th Annual Growth Stock Conference in Chicago, IL, with a live webcast available on the company's Investor Relations website. Potbelly operates over 425 shops, including 80+ franchised locations in the U.S.
Potbelly reported financial results for the first fiscal quarter of 2024, showcasing a system-wide sales growth of 1.9%, AWS of $24,250, and 32 new franchise shop commitments. However, there was a decrease in total revenues by 6.0% to $111.2 million, with same-store sales down by 0.2%. The GAAP net loss was $2.8 million, with diluted EPS at ($0.09). Despite these challenges, the company announced a $20 million share repurchase program and provided guidance for the second quarter and 2024.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
FAQ
What is the current stock price of Potbelly Corpora (PBPB)?
What is the market cap of Potbelly Corpora (PBPB)?
