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 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.
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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.
Potbelly Corporation (NASDAQ: PBPB) announced today that CEO Bob Wright and CFO Steve Cirulis will present at two investor conferences. The presentations are scheduled for the Evercore Virtual ISI Consumer & Retail Conference on June 7, 2022, and the William Blair 42nd Annual Growth Stock Conference in Chicago on June 9, 2022, at 9:20 AM CT. Interested parties can access a live webcast of the William Blair presentation on Potbelly's Investor Relations page. Potbelly operates nearly 400 company-owned locations and over 40 franchise shops nationwide, offering a range of sandwiches and fresh menu items.
Potbelly Corporation (NASDAQ: PBPB) announced a partnership with REEF, the largest operator of delivery restaurants in North America, marking a significant step in its Franchise Growth Acceleration Initiative. This collaboration aims to enhance accessibility and convenience for customers by expanding the availability of Potbelly’s menu through delivery kitchens. CEO Bob Wright expressed optimism about reaching long-term growth targets of 2,000 units in 8 to 10 years, and highlighted the importance of technology in improving digital customer experiences.
Potbelly Corporation (NASDAQ: PBPB) announced that its senior management will participate in the 22nd Annual B. Riley Securities Institutional Investor Conference on May 25, 2022, in Beverly Hills, California. CEO Bob Wright and CFO Steve Cirulis will engage in a fireside chat and hold one-on-one meetings with attending investors. The presentation deck will be available in the Investor Relations section of the company's website. Potbelly has been serving customers for over 40 years with around 400 company-owned shops and over 40 franchise locations in the U.S.
Potbelly Corporation (NASDAQ: PBPB) reported a robust first quarter for FY 2022, achieving a 24.4% increase in same-store sales (SSS) for the fourth consecutive quarter, driven by a 4.9% rise in same-store traffic. Total revenues surged 25.8% to $98.2 million, with improved operational loss reduced by $6.8 million. Despite a net loss of $7.9 million, adjusted EBITDA showed significant improvement, reaching ($2.3 million). The company is on track for record average unit volumes (AUVs) and low double-digit shop-level margins by year-end.
Potbelly Corporation (NASDAQ: PBPB) announced the release date for its first quarter 2022 financial results, set for May 5, 2022, after market close. A conference call will follow at 5:00 p.m. ET, featuring CEO Bob Wright and CFO Steve Cirulis to discuss these results. Investors can participate via dial-in or through a webcast available on their investor relations webpage. Audio replays will be accessible until May 12, 2022. Potbelly, known for its fresh sandwiches and salads, operates over 400 company-owned locations and more than 40 franchisee shops across the U.S.
Potbelly Corporation has announced the addition of two new members to its Board of Directors, David Pearson and Jill Sutton, enhancing its leadership amidst a strategic growth phase. Pearson, former CFO of Vonage, and Sutton, former Chief Legal Officer of United Natural Foods, bring extensive experience in finance and the restaurant sector. Their appointments expand the Board to 11 directors temporarily, ahead of the May 19, 2022, annual meeting. The company aims to leverage their expertise to execute a three-year strategic growth plan.
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