Potbelly(PBPB)

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Potbelly Corporation (PBPB) Soars to 52-Week High, Time to Cash Out?
ZACKS· 2025-10-02 14:16
Have you been paying attention to shares of Potbelly (PBPB) ? Shares have been on the move with the stock up 37.8% over the past month. The stock hit a new 52-week high of $17.07 in the previous session. Potbelly has gained 81% since the start of the year compared to the 8% gain for the Zacks Retail-Wholesale sector and the -8% return for the Zacks Retail - Restaurants industry.What's Driving the Outperformance?The stock has a great record of positive earnings surprises, as it hasn't missed our earnings con ...
$HAREHOLDER ALERT: The M&A Class Action Firm Announces An Investigation of Potbelly Corporation (NASDAQ: PBPB)
Prnewswire· 2025-09-15 21:30
NEW YORK , Sept. 15, 2025 /PRNewswire/ -- Class Action Attorney Juan Monteverde  with Monteverde & Associates PC  (the "M&A Class Action Firm"), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm in the 2024 ISS Securities Class Action Services Report. ...
Potbelly Gets A Favorable Acquisition Price From RaceTrac (NASDAQ:PBPB)
Seeking Alpha· 2025-09-12 09:54
We are currently offering a free two-week trial to Distressed Value Investing . Join our community to receive exclusive research about various companies and other opportunities along with full access to my portfolio of historic research that now includes over 1,000 reports on over 100 companies.Potbelly (NASDAQ: PBPB ) is being acquired by RaceTrac (one of the largest privately held US companies) for $17.12 per share in cash. RaceTrac is known for its gas stations and convenience stores, so this is a move i ...
Potbelly Corporation (PBPB) Hits Fresh High: Is There Still Room to Run?
ZACKS· 2025-09-11 14:15
Core Viewpoint - Potbelly (PBPB) has shown strong stock performance, with a 33.2% increase over the past month and an 80.3% gain since the start of the year, outperforming the Zacks Retail-Wholesale sector and the Zacks Retail - Restaurants industry [1][2]. Financial Performance - Potbelly has consistently exceeded earnings expectations, reporting an EPS of $0.09 against a consensus estimate of $0.08 in its last earnings report [2]. - For the current fiscal year, Potbelly is projected to achieve earnings of $0.26 per share on revenues of $481.9 million, reflecting a -13.33% change in EPS and a 4.17% change in revenues [3]. - The next fiscal year forecasts earnings of $0.30 per share on revenues of $502.5 million, indicating a year-over-year change of 15.38% in EPS and 4.27% in revenues [3]. Valuation Metrics - Potbelly's stock trades at a valuation of 65.3X current fiscal year EPS estimates, significantly higher than the peer industry average of 19.9X [6]. - On a trailing cash flow basis, the stock trades at 23X compared to the peer group's average of 11.1X, suggesting it is not positioned in the top tier from a value perspective [6]. Zacks Rank and Style Scores - Potbelly holds a Zacks Rank of 2 (Buy), supported by a positive earnings estimate revision trend [7]. - The company has a Value Score of C, a Growth Score of A, and a Momentum Score of C, resulting in a combined VGM Score of B [6][7].
Potbelly Corporation (NASDAQ:PBPB) Acquisition and Price Target Insights
Financial Modeling Prep· 2025-09-11 12:05
Core Viewpoint - Potbelly Corporation is being acquired by RaceTrac for $566 million, marking RaceTrac's entry into the restaurant industry and reflecting a trend of convenience store chains diversifying their food offerings [1][4]. Company Overview - Potbelly operates over 445 stores across the United States and has plans to expand to 2,000 stores [2]. - Following the acquisition announcement, Potbelly's stock price increased by over 30%, indicating strong investor optimism [2][4]. Stock Performance - Potbelly's current stock price is $16.98, showing a significant increase of 31.32% with a change of $4.05 [3]. - The stock has fluctuated between $16.98 and $17.04, marking its highest price over the past year, with a lowest price of $7.27 [3]. - The market capitalization of Potbelly stands at approximately $513.83 million, with a trading volume of 19,241,519 shares on NASDAQ [3]. Analyst Insights - Jeremy Hamblin from Craig-Hallum set a price target of $17.12 for Potbelly, indicating a slight potential increase from its current price [1][4].
【速看料】零售业现罕见并购:RaceTrac斥资5.66亿美元收购Potbelly(PBPB.US),溢价高达47%
Zhi Tong Cai Jing· 2025-09-11 04:14
智通财经APP获悉,便利店运营商RaceTrac周三同意以约5.66亿美元的价格收购三明治连锁店 Potbelly(PBPB.US),这一跨界收购在业内实属罕见。 家族企业RaceTrac经营着RaceTrac、RaceWay和Gulf品牌的便利店。根据一份声明,该公司将发起 一项收购要约,以每股17.12美元的价格收购Potbelly全部流通股。 Potbelly的所有董事和高管均已同意出售其所持股份,这些股份约占Potbelly已发行普通股的11%。 (相关资料图) 在收购消息公布后,Potbelly股价周三收涨31.32%,报16.98美元。此次交易的价格较该公司90个交 易日的成交量加权平均价格高出47%。 业内专家表示,便利店运营商有时会与餐馆签订特许经营协议,但很少直接收购餐饮连锁品牌。 知情人士透露,总部位于佐治亚州亚特兰大的RaceTrac希望在其便利店组合中增加一家餐厅,这两 家公司是在未经过正式拍卖程序的情况下达成这笔交易的。 近年来,私募股权公司一直是三明治连锁店最活跃的买家。黑石集团去年以约 80 亿美元收购了 Jersey Mike"s,而Roark Capital则在2023年以高 ...
零售业现罕见并购:RaceTrac斥资5.66亿美元收购Potbelly(PBPB.US),溢价高达47%
Zhi Tong Cai Jing· 2025-09-11 03:08
便利店运营商RaceTrac周三同意以约5.66亿美元的价格收购三明治连锁店Potbelly(PBPB.US),这一跨界 收购在业内实属罕见。 家族企业RaceTrac经营着RaceTrac、RaceWay和Gulf品牌的便利店。根据一份声明,该公司将发起一项 收购要约,以每股17.12美元的价格收购Potbelly全部流通股。 知情人士透露,总部位于佐治亚州亚特兰大的RaceTrac希望在其便利店组合中增加一家餐厅,这两家公 司是在未经过正式拍卖程序的情况下达成这笔交易的。 近年来,私募股权公司一直是三明治连锁店最活跃的买家。黑石集团去年以约80亿美元收购了Jersey Mike's,而Roark Capital则在2023年以高达95.5亿美元的价格收购了赛百味。 知情人士还表示,周三的交易可能会促使其他餐馆考虑将便利连锁店作为潜在的买家。 Potbelly于1977年在芝加哥开设了第一家门店,目前在美国拥有超过445家直营店以及超过105家特许经 营店。 RaceTrac在美国14个州经营着800多个RaceTrac和RaceWay门店,并在美国和波多黎各经营着约1200个 Gulf门店。 两家公司在交 ...
Potbelly acquired by convenience store chain RaceTrac for $566 million
Fastcompany· 2025-09-10 20:39
Core Viewpoint - Potbelly is being acquired by RaceTrac for $566 million, aiming to expand its locations from 445 to 2,000 [2][8]. Group 1: Acquisition Details - The acquisition price is set at $17.12 per share in an all-cash deal [8]. - The deal is expected to close in the fourth quarter of the year [8]. Group 2: Company Background - Potbelly was founded in Chicago in 1977 and currently operates 445 restaurants across the U.S. [2]. - RaceTrac, founded in 1934, is a family-owned company with over 800 locations in 14 states [8]. Group 3: Market Context - The restaurant industry has faced challenges due to the pandemic and rising inflation, impacting customer spending [4][5]. - Despite these challenges, Potbelly has seen rising profits and strong growth in its franchised businesses [4].
Convenience store operator RaceTrac to buy sandwich chain Potbelly for $566 million
Reuters· 2025-09-10 20:28
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. ...
Time To Say Goodbye: Potbelly’s Acquisition And What It Means For Investors (NASDAQ:PBPB)
Seeking Alpha· 2025-09-10 19:56
To be honest, I hadn’t really been thinking about Potbelly Corporation (NASDAQ: PBPB ) as an acquisition play lately. Sure, those who’ve been following closely might remember thatI’m an equity analyst and founder of Goulart’s Restaurant Stocks, a research firm focused on the U.S. restaurant industry — from quick-service and fast casual to fine dining and niche concepts. I lead all thematic research and valuation efforts, applying advanced financial modeling, sector-specific KPIs, and strategic insights to u ...