Potbelly Corp. has finalized a multi-unit development agreement with United One Group to open 13 shops over the next eight years along with the refranchising of eight shops in New York. "I am excited to announce Potbelly s expansion in New…
10.02.2023 - New term loan provides Potbelly financial flexibility to support the Company through next phase of growthCHICAGO, Feb. 10, 2023 (GLOBE NEWSWIRE) - Potbelly Corporation (NASDAQ: PBPB) (“Potbelly” or the “Company”), the iconic neighborhood sandwich .
Potbelly Corp. is building upon its franchise growth acceleration initiative, launched in 2019, through the execution of development agreements with several existing franchisees to add 25 locations over the next six years. The agreements extend development rights with Brent Brouse…
Potbelly Corporation announced today it is successfully continuing to build upon its Franchise Growth Acceleration Initiative through the execution of development agreements with several existing franchisees. The agreements extend development rights with Brent Brouse (Greenville and Wilmington, North Carolina and Myrtle Beach, South Carolina), Paul Goldammer (Sioux Falls, South Dakota), Fabian Nelson (Memphis, Tennessee) and Mohit Kishore and Tulshi Bakar (Wake, Durham, Orange and Chatham counties, North Carolina); each of which are strong operators in the Company’s system.
Same-store-sales improved +15%, leading to record AUVs of $23,383 for the quarter Positive net income of $9.0 million, adjusted net income of $0.3 million, Adjusted EBITDA up 75% year-over-year Recently