Potbelly Corporation (PBPB)

Oct 23, 2025 - PBPB was delisted (reason: acquired by RaceTrac)
17.12
+0.01 (0.06%)
Inactive · Last trade price on Oct 22, 2025
Market Cap517.96M +115.6%
Revenue (ttm)469.14M -1.7%
Net Income10.78M -70.2%
EPS0.35 -70.8%
Shares Out 30.25M
PE Ratio49.43
Forward PE54.78
Dividendn/a
Ex-Dividend Daten/a
Volume1,201,330
Open17.11
Previous Close17.11
Day's Range17.11 - 17.13
52-Week Range7.27 - 17.15
Beta1.52
AnalystsBuy
Price Target17.37 (+1.46%)
Earnings DateNov 6, 2025

About PBPB

Potbelly Corporation, together with 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.

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

Financial Performance

In 2024, Potbelly's revenue was $462.60 million, a decrease of -5.86% compared to the previous year's $491.41 million. Earnings were $40.29 million, an increase of 687.15%.

Financial Statements

Analyst Summary

According to 3 analysts, the average rating for PBPB stock is "Buy." The 12-month stock price target is $17.37, which is an increase of 1.46% from the latest price.

Price Target
$17.37
(1.46% upside)
Analyst Consensus: Buy

News

RaceTrac Completes Acquisition of Potbelly Corporation

Acquisition brings beloved neighborhood sandwich shop concept into RaceTrac family of brands Acquisition brings beloved neighborhood sandwich shop concept into RaceTrac family of brands

6 months ago - GlobeNewsWire

POTBELLY INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Potbelly Corporation - PBPB

NEW YORK CITY & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of ...

7 months ago - Business Wire

Potbelly acquired by convenience store chain RaceTrac for $566 million

Sandwich maker Potbelly is being acquired by the gas station and convenience store chain RaceTrac for $566 million.

7 months ago - Fast Company

Convenience store operator RaceTrac to buy sandwich chain Potbelly for $566 million

RaceTrac agreed to buy sandwich chain Potbelly Corp for approximately $566 million on Wednesday, in a rare move for a convenience store operator to buy out a restaurant brand.

7 months ago - Reuters

Potbelly acquired by convenience-store operator RaceTrac for $566 million

Potbelly announced it is being acquired by convenience-store operator RaceTrac in a $566 million deal. RaceTrac is a family-owned company headquartered in Atlanta operating more than 800 convenience s...

7 months ago - CNBC

Potbelly Sandwich Chain to Sell Itself to Convenience-Store Operator RaceTrac

The $566 million deal is expected to close this year. The companies don't plan to ‘put a Potbelly in every RaceTrac.

7 months ago - WSJ

Potbelly Corporation Announces Conference Call to Discuss Second Quarter 2025 Results on August 6, 2025

CHICAGO, July 21, 2025 (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

Fast-casual restaurants lean on loyalty programs to offset consumer pullback

Fast casual restaurants are seeing a boost in customers using loyalty programs through shifting economic behaviors. Flexibility, personalization, and surprise rewards are becoming central to how brand...

Other symbols: CAVACMGPTLOSBUX
10 months ago - CNBC

Potbelly and Zapp's Launch Hot Pepper Chips

CHICAGO--(BUSINESS WIRE)-- #ZAPPSPOTBELLY--Potbelly Sandwich Works (NASDAQ: PBPB), the iconic neighborhood sandwich shop, is heating up taste buds this summer with its new signature Hot Pepper Flavore...

Other symbols: UTZ
10 months ago - Business Wire

Potbelly Launches Large Area Developer Incentive Program for Multi-Unit Franchisees

Program will reward efficient development timelines with significant financial savings, while supporting long-term growth plans Program will reward efficient development timelines with significant fin...

1 year ago - GlobeNewsWire

Potbelly Sandwich Works Expands in Virginia Markets with Franchise Expansion Led by Former CEO

CHICAGO, Feb. 20, 2025 (GLOBE NEWSWIRE) -- Potbelly Corporation (NASDAQ: PBPB), the beloved neighborhood sandwich shop, is excited to announce a major expansion in the Northern Virginia market through...

1 year ago - GlobeNewsWire

Potbelly Corporation Announces Conference Call to Discuss Fourth Quarter and Full Year 2024 Results on March 6, 2025

CHICAGO, Feb. 18, 2025 (GLOBE NEWSWIRE) -- Potbelly Corporation (NASDAQ: PBPB) (“Potbelly” or the “Company”), the iconic neighborhood sandwich shop concept, today announced the date for the release of...

1 year ago - GlobeNewsWire

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 ...

1 year 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...

1 year 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.

1 year 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.

1 year 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...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

Potbelly Opens Shop at the Pentagon

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

1 year 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...

2 years ago - GlobeNewsWire

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...

2 years 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...

2 years 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...

2 years 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.

2 years ago - Schwab Network

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...

2 years ago - GlobeNewsWire