Potbelly Corporation (PBPB)

NASDAQ: PBPB · Real-Time Price · USD
9.92
-0.05 (-0.50%)
Nov 22, 2024, 4:00 PM EST - Market closed
-0.50%
Market Cap 296.98M
Revenue (ttm) 471.72M
Net Income (ttm) 38.42M
Shares Out 29.94M
EPS (ttm) 1.25
PE Ratio 7.94
Forward PE 28.75
Dividend n/a
Ex-Dividend Date n/a
Volume 65,428
Open 9.99
Previous Close 9.97
Day's Range 9.85 - 10.05
52-Week Range 6.28 - 14.36
Beta 1.21
Analysts Strong Buy
Price Target 15.67 (+57.96%)
Earnings Date Nov 7, 2024

About PBPB

Potbelly Corporation, through its subsidiaries, owns, operates, and franchises Potbelly sandwich shops in the United States. The company was formerly known as Potbelly Sandwich Works, Inc. and changed its name to Potbelly Corporation in 2002. Potbelly Corporation was founded in 1977 and is headquartered in Chicago, Illinois. [Read more]

Industry Restaurants
IPO Date Oct 4, 2013
Employees 5,000
Stock Exchange NASDAQ
Ticker Symbol PBPB
Full Company Profile

Financial Performance

In 2023, Potbelly's revenue was $491.41 million, an increase of 8.73% compared to the previous year's $451.97 million. Earnings were $5.12 million, an increase of 17.81%.

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for PBPB stock is "Strong Buy." The 12-month stock price forecast is $15.67, which is an increase of 57.96% from the latest price.

Price Target
$15.67
(57.96% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Potbelly: Even With The Rally It's Still Below My PT

Potbelly has quintupled its market value since 2020 under CEO Wright, with successful refranchising and digital platform enhancements driving growth. Despite a 4.7% sales decline in Q3 2024, franchise...

10 days ago - Seeking Alpha

Potbelly Corporation (PBPB) Q3 2024 Earnings Call Transcript

Potbelly Corporation (NASDAQ:PBPB) Q3 2024 Earnings Conference Call November 7, 2024 5:00 PM ET Company Participants Adiya Dixon - Chief Legal Officer, Chief Compliance Officer & Secretary Robert Wri...

14 days ago - Seeking Alpha

Potbelly Accelerates Growth with Signed Commitments for 32 New U.S. Shops

CHICAGO, Nov. 08, 2024 (GLOBE NEWSWIRE) -- Potbelly Corporation (NASDAQ: PBPB), the iconic neighborhood sandwich shop, today announced the completion of six new multi-unit development agreements. The ...

15 days ago - GlobeNewsWire

Potbelly Announces Plans to Enter Georgia with 15-Unit Development Agreement

CHICAGO, Nov. 08, 2024 (GLOBE NEWSWIRE) -- Potbelly Corporation (NASDAQ: PBPB), the iconic neighborhood sandwich shop, today announced plans to open its first shops in Georgia after finalizing a multi...

15 days ago - GlobeNewsWire

ADDING MULTIMEDIA Immersion Investments, LLC and its Affiliates Issue Open Letter to Potbelly Corporation Urging Immediate Action to Maximize Value for its Shareholders

NEEDHAM, Mass.--(BUSINESS WIRE)--Immersion Investments, LLC and its Affiliates Issue Open Letter to Potbelly Corporation Urging Immediate Action to Maximize Value for its Shareholders.

4 weeks ago - Business Wire

Immersion Investments, LLC and its Affiliates Issue Open Letter to Potbelly Corporation Urging Immediate Action to Maximize Value for its Shareholders

NEEDHAM, Mass.--(BUSINESS WIRE)--Immersion Investments, LLC and its Affiliates Issue Open Letter to Potbelly Corporation Urging Immediate Action to Maximize Value for its Shareholders.

4 weeks ago - Business Wire

Potbelly Corporation Announces Conference Call to Discuss Third Quarter 2024 Results on November 7, 2024

CHICAGO, Oct. 17, 2024 (GLOBE NEWSWIRE) -- Potbelly Corporation (NASDAQ: PBPB) (“Potbelly” or the “Company”), the iconic neighborhood sandwich shop concept, today announced the date for the release of...

5 weeks ago - GlobeNewsWire

Potbelly: Value Levers Seem To Be Paying Off

Potbelly's Franchise Growth Acceleration Initiative aims to expand to 2,000 units, with innovative prototypes reducing costs and driving franchisee interest, indicating significant growth potential. T...

7 weeks ago - Seeking Alpha

Potbelly: Challenging Environment Stalls Near-Term Growth, But Long-Term Story Intact

Potbelly delivered +0.4% same-store sales growth along with $8.5 million in adjusted EBITDA in Q2 2024. Sales growth was in-line with its guidance, with adjusted EBITDA at the high-end of guidance. Po...

2 months ago - Seeking Alpha

Potbelly: A Twist On Value Complements The 'Perks' Hook And Build Strategy

Franchise Growth Acceleration (FGA) Initiative: Potbelly continues to make significant strides in its FGA Initiative, highlighted by the successful opening of new, smaller-format units, such as those ...

3 months ago - Seeking Alpha

Potbelly Corporation (PBPB) Q2 2024 Earnings Call Transcript

Potbelly Corporation (NASDAQ:PBPB) Q2 2024 Earnings Conference Call August 8, 2024 5:00 PM ET Company Participants Adiya Dixon - Chief Legal Officer, Chief Compliance Officer and Secretary Robert Wri...

3 months ago - Seeking Alpha

Potbelly Corporation Announces Conference Call to Discuss Second Quarter 2024 Results on August 8, 2024

CHICAGO, July 18, 2024 (GLOBE NEWSWIRE) -- Potbelly Corporation (NASDAQ:  PBPB) (“Potbelly” or the “Company”), the iconic neighborhood sandwich shop concept, today announced the date for the release o...

4 months ago - GlobeNewsWire

Potbelly: New Units Coming Out Of The Oven!

Potbelly aims to grow through franchising, with a goal of becoming 85% franchised, focusing on lean unit models for expansion.

4 months ago - Seeking Alpha

Potbelly Opens Shop at the Pentagon

Further Expands Presence at Military Installations Following First Shop Opening at Fort Liberty, Two Additional Under Development

4 months ago - GlobeNewsWire

Potbelly Corporation to Participate in Upcoming Investor Conferences

CHICAGO, May 22, 2024 (GLOBE NEWSWIRE) -- Potbelly Corporation (NASDAQ: PBPB) (“Potbelly” or the “Company”), the iconic neighborhood sandwich shop concept, today announced that Bob Wright, President a...

6 months ago - GlobeNewsWire

Potbelly Corporation (PBPB) Q1 2024 Earnings Call Transcript

Potbelly Corporation (NASDAQ:PBPB) Q1 2024 Earnings Conference Call May 8, 2024 5:00 PM ET Company Participants Adiya Dixon - Chief Legal Officer, Chief Compliance Officer and Secretary Robert Wright...

7 months ago - Seeking Alpha

Potbelly Corporation Reports Strong Results for First Fiscal Quarter 2024

First quarter system-wide sales growth of 1.9% and AWS of $24,250 32 additional new franchise shop commitments in the first quarter Announces $20 million share repurchase program CHICAGO, May 08, 2024...

7 months ago - GlobeNewsWire

Potbelly Corporation Announces Conference Call to Discuss First Quarter 2024 Results on May 8, 2024

CHICAGO, April 17, 2024 (GLOBE NEWSWIRE) -- Potbelly Corporation (NASDAQ: PBPB) (“Potbelly” or the “Company”), the iconic neighborhood sandwich shop concept, today announced the date for the release o...

7 months ago - GlobeNewsWire

Potbelly CEO: We're not raising prices 'like some other brands'

Sandwich chain Potbelly (PBPB) posted fourth-quarter revenue results ahead of estimates while falling short of adjusted EPS (earnings per share) projections. Potbelly CEO and President Bob Wright dive...

9 months ago - Yahoo Finance

Potbelly (PBPB) CFO on Restaurant Trends & Earnings

Potbelly's (PBPB) CFO joins Oliver Renick to discuss the company's 4Q earnings. He talks about consumer trends in restaurant dining.

9 months ago - Schwab Network

Potbelly Corporation (PBPB) Q4 2023 Earnings Call Transcript

Potbelly Corporation (NASDAQ:PBPB) Q4 2023 Earnings Conference Call March 7, 2024 5:00 PM ET Company Participants Adiya Dixon - Senior Vice President, Chief Legal Officer & Secretary Bob Wright - Pre...

9 months ago - Seeking Alpha

Potbelly Corporation Reports Strong Results for Fourth Fiscal Quarter and Full Year 2023

Fourth quarter same-store sales growth of 6.3% and AWS of $24,960, with traffic growth as a major driver 202 new shop commitments to-date under the Franchise Growth Acceleration Initiative Provides fi...

9 months ago - GlobeNewsWire

Potbelly Fuels Nationwide Expansion Through Increased Commitment from Existing Franchisees

Iconic Neighborhood Sandwich Shop Signs Four Multi-Unit Development Agreements with Brand Franchisees to Add 18 New Locations to Pipeline CHICAGO , March 5, 2024 /PRNewswire/ -- Potbelly Corporation (...

9 months ago - PRNewsWire

Potbelly Corporation Announces Conference Call to Discuss Fourth Quarter and Full Year 2023 Results on March 7, 2024

CHICAGO, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Potbelly Corporation (NASDAQ: PBPB) (“Potbelly” or the “Company”), the iconic neighborhood sandwich shop concept, today announced the date for the release of...

9 months ago - GlobeNewsWire

Potbelly Launches Reimagined Potbelly Perks Loyalty Program

MORE Rewards Earned Faster to Redeem MORE Menu Items  with New Bankable Coins CHICAGO , Jan. 22, 2024 /PRNewswire/ -- Potbelly Corporation (NASDAQ: PBPB) the iconic neighborhood sandwich shop, is unve...

10 months ago - PRNewsWire