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 (NASDAQ: PBPB) operates a growing network of fast-casual restaurants known for toasted sandwiches, salads, and community-focused dining experiences. This page serves as the definitive source for official company announcements, financial updates, and strategic developments.
Investors and industry observers will find curated press releases covering quarterly earnings, franchise expansion milestones, leadership updates, and operational innovations. Our collection emphasizes Potbelly's unique position at the intersection of quality dining and scalable franchising models.
Key updates include financial performance reports, new market entries, menu innovations, and partnership announcements. The archive also tracks the company's progress in maintaining its neighborhood-centric ethos while pursuing strategic growth objectives.
For consistent access to Potbelly's evolving story, bookmark this page or check back regularly. All content is sourced directly from company filings and authorized communications, ensuring reliability for investment research and market analysis.
Potbelly Corporation (NASDAQ: PBPB) has announced the extension of CEO Robert D. Wright's contract through 2025. Since joining in 2020, Wright has significantly improved operations and led the company back to profitability post-pandemic. He aims to transition Potbelly into a franchise-focused organization, targeting 2,000 units for long-term growth. The Board expressed confidence in his leadership and strategic direction, emphasizing the company's unique position in the fast casual sector.
Potbelly Corporation (NASDAQ: PBPB) announced a multi-unit development deal to open six new sandwich shops in Orlando, Florida over the next seven years. CEO Bob Wright expressed excitement for this franchising partnership with Sugarland Investment Group, aiming to expand Potbelly's reach. This initiative aligns with Potbelly's plan to reach 2,000 units, with 85% being franchised. The company also focuses on marketing innovations and operational enhancements through its Franchise Growth Acceleration Initiative.
On November 3, 2022, Potbelly (NASDAQ: PBPB) will celebrate National Sandwich Day by offering a buy one get one (BOGO) deal on Original-sized sandwiches. Customers can utilize the promo code BOGO online or through the Potbelly app to enjoy a free sandwich with every purchase. The event aims to attract both loyal fans and new customers, enhancing brand engagement. Additionally, customers can join the Potbelly Perks program for ongoing rewards. Potbelly operates over 400 company-owned shops across the United States.
Potbelly Corporation (NASDAQ: PBPB) will disclose its third quarter 2022 financial results on November 3, 2022, post-market close. The company will host a conference call at 5:00 p.m. ET featuring CEO Bob Wright and CFO Steve Cirulis to discuss the outcomes. Investors can access the live call and a subsequent replay. Established in 1977, Potbelly operates over 400 company-owned shops, offering a range of sandwiches and salads with a commitment to fresh service.
Potbelly (NASDAQ: PBPB) has reintroduced its popular Pastrami Sandwich for a limited time, starting October 3, 2022. The sandwich features spiced, smoked beef topped with Swiss cheese, pickles, and mustard, served toasted at 500 degrees. A special promotion for Potbelly Perks members on October 11 allows them to buy one Original Pastrami Sandwich and receive another sandwich for free. Customers can order the sandwich online or at local stores while supplies last. Potbelly continues to serve its signature products in over 440 shops across the U.S.
Potbelly Corporation rapidly expands its franchise network with two significant agreements signed for 19 new units in Florida and Illinois. This move is part of their Franchise Growth Acceleration Initiative, aiming to reach 2,000 units within the next decade, with a focus on franchised locations. The company has enlisted STA Management to open 14 units in the Tampa area and Rob Wilbern for five in Central Illinois. Potbelly emphasizes operational support and quality food, making it an attractive investment opportunity.
Potbelly Corporation (NASDAQ: PBPB) reported strong financial results for Q2 2022, achieving positive net income of $0.6 million, a significant improvement of $4.5 million compared to the prior year. Total revenues reached $116.0 million, up 18.9% year-over-year, with same-store sales rising by 17.2%. Adjusted EBITDA also saw an increase to $5.8 million. The company aims to maintain performance with a Q3 revenue forecast of $113 to $118 million and is optimistic about long-term growth, particularly in franchise development.
Potbelly Corporation (NASDAQ: PBPB) has announced the date for its second quarter 2022 financial results, set to be revealed on August 4, 2022, after market close. Following this, a conference call hosted by President and CEO Bob Wright and CFO Steve Cirulis will take place at 5:00 p.m. Eastern Time to discuss the results. The call can be accessed via a dedicated webcast link and will also be available for replay until August 11, 2022. Potbelly continues to serve its customers with a diverse menu since 1977, maintaining over 400 company-owned shops across the U.S.
Potbelly Corporation (NASDAQ: PBPB) announced that its CEO, Bob Wright, will present at the Jefferies Consumer Conference from June 20-22, 2022. The investor presentation will be accessible to all conference attendees and will also be available on Potbelly's website. With over 400 company-owned locations across the U.S., Potbelly has been serving warm sandwiches and fresh menu items for over 40 years, emphasizing quick and friendly service. The investor deck can be found under the 'Events and Presentations' section on their website.
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