Core Insights - Potbelly Corporation is expanding its presence in the Pacific Northwest by opening 14 new locations in Portland, Oregon as part of its strategic growth plan [1][2][3] Expansion Strategy - The new shops in Portland are part of Potbelly's broader strategy to establish a strong presence in key markets through franchising across the United States [2][3] - The franchisee has also committed to further development in Seattle, Washington, and Salt Lake City, Utah, enhancing the brand's footprint in the region [3] Franchise Opportunities - Potbelly is actively seeking passionate multi-unit operators to join its franchise network, with opportunities available in select territories including Oregon, Washington, and Utah [4] - The company emphasizes its commitment to providing a warm and inviting atmosphere along with craveable menu items, which include toasted sandwiches, hand-dipped shakes, and flavorful soups [2][5] Company Background - Potbelly Corporation has been in operation for over 40 years, starting from its first shop in Chicago in 1977, and has grown to more than 440 locations across the United States, including over 90 franchised shops [5]

Core Viewpoint - Potbelly Corporation is expanding its presence in Illinois through a new Shop Development Agreement, with franchisees Anand and Nimisha Patel committing to open three new locations in the Kane and Kendall markets [1][2]. Group 1: Expansion Strategy - The new development aligns with Potbelly's strategic growth plan to expand its footprint through franchising in key areas across the nation [2]. - The company is actively seeking partnerships with passionate multi-unit operators to penetrate untapped territories in Illinois and neighboring states [2]. Group 2: Franchisee Background - Franchisees Anand and Nimisha Patel have significant experience in the food and beverage industry, having previously owned brands like Dunkin' Donuts and Baskin Robbins [3]. - Their successful track record and commitment to quality dining experiences make them suitable partners for Potbelly's growth in Illinois [3]. Group 3: Community Impact - The new Potbelly locations will contribute to local economic growth by creating job opportunities in the Kane and Kendall areas [4]. - The company is known for its toasted sandwiches and inviting atmosphere, appealing to customers seeking an elevated fast-casual dining experience [4]. Group 4: Company Overview - Potbelly Corporation has been serving customers for over 40 years, offering a menu that includes warm sandwiches, salads, and hand-dipped shakes [5]. - The company operates more than 440 shops in the United States, with over 90 of those being franchised locations [5].

CHICAGO, Feb. 20, 2025 (GLOBE NEWSWIRE) -- Potbelly Corporation (NASDAQ: PBPB), the iconic neighborhood sandwich shop, has announced its continued expansion in the Phoenix, Arizona market with the signing of a new Shop Development Agreement (SDA). This agreement marks a franchised partnership with Adam Warda to open five new Potbelly locations in the vibrant Phoenix area. The development of these five locations aligns with Potbelly’s strategic growth plan to expand its footprint through franchising in the S ...

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. Eas ...

CHICAGO, Feb. 18, 2025 (GLOBE NEWSWIRE) -- Potbelly Corporation (NASDAQ: PBPB) Potbelly Sandwich Works, the popular fast-casual restaurant known for its delicious sandwiches and inviting atmosphere, is thrilled to announce exclusive franchise opportunities for ambitious business owners to be the sole developer/operator markets in Omaha, NE; Wichita, KS; Colorado Springs, CO; Provo, UT; Killeen/Temple, TX; and Albuquerque, NM. This unique opportunity to develop on average 4–6 trade areas enables individuals ...

CHICAGO, Feb. 18, 2025 (GLOBE NEWSWIRE) -- Potbelly Corporation (NASDAQ: PBPB) Potbelly Sandwich Works, the popular fast-casual restaurant known for its delicious sandwiches and inviting atmosphere, is thrilled to announce exclusive franchise opportunities for ambitious business owners to be the sole developer/operator in the markets of Harrisburg/Lancaster/York/Erie, PA; Toledo/Akron OH; and Charleston, WV. This unique opportunity to develop on average 4-6 trade areas enables individuals to establish a dom ...

Potbelly (PBPB) closed the last trading session at $12.24, gaining 30.9% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $15.33 indicates a 25.3% upside potential.The average comprises three short-term price targets ranging from a low of $14 to a high of $16, with a standard deviation of $1.15. While the lowest estimate indicates an increase of 14.4% from the current price level, t ...

Core Viewpoint - Momentum investing focuses on "buying high and selling higher" rather than traditional strategies of "buying low and selling high" [1][2] Group 1: Momentum Investing Strategy - Momentum investors typically do not time the market, instead they capitalize on stocks that are already trending upwards [1] - The challenge lies in determining the right entry point, as stocks can lose momentum if their valuations exceed future growth potential [2] Group 2: Identifying Bargain Momentum Stocks - Investing in bargain stocks that have recently shown price momentum can be a safer strategy [3] - The Zacks Momentum Style Score is useful for identifying strong momentum stocks, while the 'Fast-Paced Momentum at a Bargain' screen helps find attractively priced fast-moving stocks [3] Group 3: Potbelly (PBPB) Stock Analysis - Potbelly (PBPB) has shown a four-week price change of 29.8%, indicating strong investor interest [4] - Over the past 12 weeks, PBPB gained 24.5%, and it has a beta of 1.34, suggesting it moves 34% more than the market [5] - PBPB has a Momentum Score of B, indicating a favorable time to invest [6] Group 4: Earnings Estimates and Valuation - PBPB has a Zacks Rank 1 (Strong Buy) due to upward revisions in earnings estimates, which attract more investors [7] - The stock is trading at a Price-to-Sales ratio of 0.79, meaning investors pay 79 cents for each dollar of sales, indicating it is reasonably valued [7] Group 5: Additional Investment Opportunities - Besides PBPB, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, suggesting further investment opportunities [8] - Zacks offers over 45 Premium Screens tailored to different investing styles to help identify winning stock picks [9]

Every dog ​​has his day. Our strategy of selecting the cheapest fast-casuals during stock-picking is already starting to pay off. High-growth restaurant chains that were trading at considerably lower multiples than their peersI'm an Equity Analyst and Accountant specializing in restaurant stocks, with a strong foundation in Business Administration and Accounting, complemented by an MBA in Forensic Accounting and Controllership. As the founder of Goulart's Restaurant Stocks, I lead a company focused on analy ...

Potbelly (PBPB) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #1 (Strong Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.I ...