Potbelly upgraded by The Benchmark Company with a new price target
$PBPB
Restaurants
Consumer Discretionary
The Benchmark Company upgraded Potbelly from Hold to Buy and set a new price target of $15.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/12/2024 | $15.00 | Hold → Buy | The Benchmark Company |
| 10/24/2023 | $11.00 | Buy | Lake Street |
| 10/17/2023 | $15.00 | Buy | Craig Hallum |
| 10/3/2023 | Hold | The Benchmark Company |
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The Benchmark Company upgraded Potbelly from Hold to Buy and set a new price target of $15.00
Lake Street initiated coverage of Potbelly with a rating of Buy and set a new price target of $11.00
Craig Hallum initiated coverage of Potbelly with a rating of Buy and set a new price target of $15.00
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 its fourth quarter and full year 2024 financial results. Fourth Quarter and Full Year 2024 ResultsPotbelly will report its financial results for the fiscal fourth quarter and full year 2024 on Thursday, March 6, 2025 after market close. The Company has scheduled a conference call for investors at 5:00 p.m. Eastern Time on the same day to discuss the results. Hosting the call will be Potbelly Corporation's President and Chief Executive Officer, Bob Wright, and Chief Financial Officer, Steve C
GAAP EPS of $0.12 +140% y-y and Adjusted EPS of $0.08 +100% y-y Increased Profitability with Net Income +150% y-y and Adjusted EBITDA +19% y-y Eight shop openings and 32 additional franchise shop commitments in the third quarter CHICAGO, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Potbelly Corporation (NASDAQ: PBPB), ("Potbelly" or the "Company") the iconic neighborhood sandwich shop concept, today reported financial results for its third fiscal quarter ended September 29, 2024. Key highlights for the quarter ended September 29, 2024, compared to September 24, 2023: Average Weekly Sales (AWS) decreased 1.3% to $24,870 compared to $25,190.Total revenues decreased by 4.7% to
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 its third quarter 2024 financial results. Third Quarter 2024 ResultsPotbelly will report its financial results for the fiscal third quarter 2024 on Thursday, November 7, 2024 after market close. The Company has scheduled a conference call for investors at 5:00 p.m. Eastern Time on the same day to discuss the results. Hosting the call will be Potbelly Corporation's President and Chief Executive Officer, Bob Wright, and Chief Financial Officer, Steve Cirulis. Date: Thursday, November 7, 2024Ti
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 an extension of its Shop Development Agreement (SDA). This new agreement builds on the company's existing partnership with former CEO Bryant Keil and his son Hampden Keil, with plans to open additional Potbelly locations in several areas of Northern Virginia. The development of these eight locations aligns with Potbelly's strategic growth plan to expand its footprint through franchising in the State of Virgina and other key markets nationwide. The company remains eager to partner with passi
CHICAGO, Feb. 20, 2025 (GLOBE NEWSWIRE) -- Potbelly Corporation (NASDAQ:PBPB), the beloved neighborhood sandwich shop, is proud to announce its latest expansion in Illinois with the signing of a new Shop Development Agreement (SDA). Franchisees Anand and Nimisha Patel have committed to opening three new Potbelly locations across the Kane and Kendall markets, further solidifying the brand's presence in the region. The development of these markets aligns with Potbelly's strategic growth plan to expand its footprint through franchising in key areas nationwide. The company remains eager to partner with passionate multi-unit operators to expand its footprint in its remaining untapped territori
CHICAGO, Feb. 20, 2025 (GLOBE NEWSWIRE) -- Potbelly Corporation (NASDAQ:PBPB), the beloved neighborhood sandwich destination, is excited to announce a significant expansion in the Pacific Northwest. A recently finalized Shop Development Agreement (SDA) will bring 14 new Potbelly locations to the Portland, Oregon market. The 14 new shops in Portland are a part of Potbelly's strategic growth plan to establish a strong presence in key markets through franchising nationwide. Known for its warm and inviting atmosphere, craveable toasted sandwiches, hand-dipped shakes, and flavorful soups, Potbelly continues to be a favorite destination for fast-casual dining. The company is eager to partner wi
CHICAGO, Feb. 20, 2025 (GLOBE NEWSWIRE) -- Potbelly Corporation (NASDAQ:PBPB), the beloved neighborhood sandwich destination, is excited to announce a significant expansion in the Pacific Northwest. A recently finalized Shop Development Agreement (SDA) will bring 14 new Potbelly locations to the Portland, Oregon market. The 14 new shops in Portland are a part of Potbelly's strategic growth plan to establish a strong presence in key markets through franchising nationwide. Known for its warm and inviting atmosphere, craveable toasted sandwiches, hand-dipped shakes, and flavorful soups, Potbelly continues to be a favorite destination for fast-casual dining. The company is eager to partner wi
CHICAGO, Feb. 20, 2025 (GLOBE NEWSWIRE) -- Potbelly Corporation (NASDAQ:PBPB), the iconic neighborhood sandwich shop, is excited to announce its expansion into the Northern Delaware, Philadelphia, Pennsylvania market, with two new locations on the horizon. Known for its craveable toasted sandwiches, hand-dipped milkshakes, and welcoming neighborhood vibe, Potbelly is set to become the region's newest favorite dining destination. Residents of Kent and New Castle Counties in Delaware, along with those in South Philadelphia, can look forward to enjoying Potbelly's signature menu, featuring freshly made sandwiches toasted to perfection, mouthwatering sides, and indulgent desserts, all serve
CHICAGO, Feb. 20, 2025 (GLOBE NEWSWIRE) -- Potbelly Corporation (NASDAQ:PBPB), the iconic neighborhood sandwich shop, is thrilled to announce its continued expansion in the South. A newly finalized Shop Development Agreement (SDA) with franchisee Michael Wimberly will bring four new Potbelly locations to the Jackson, Mississippi market. The addition of these four shops in Jackson is a key part of Potbelly's strategic growth plan to expand its footprint through franchising in key markets across the United States. The company remains eager to partner with passionate multi-unit operators to expand its footprint in its remaining untapped territories in the State of Mississippi and surrounding
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