Welcome to our dedicated page for Potbelly Corpora news (Ticker: PBPB), a resource for investors and traders seeking the latest updates and insights on Potbelly Corpora stock.
Potbelly Corporation (PBPB) is a neighborhood sandwich shop concept that has grown from a single Chicago location opened in 1977 into a national brand with several hundred shops across the United States. As an operator and franchisor of Potbelly Sandwich Works restaurants, the company regularly issues news on its financial performance, franchise development and brand initiatives, making its news flow relevant to investors, analysts and followers of the restaurant and food service sector.
News about Potbelly often includes quarterly and annual earnings releases, where the company discusses system-wide sales growth, company-operated same-store sales, Average Weekly Sales, Adjusted EBITDA and other non-GAAP metrics. These updates typically outline Potbelly’s views on its growth trajectory, shop development pipeline, franchise commitments and the performance of its mix of company-operated and franchised shops.
Potbelly also announces franchise development agreements and programs, such as Shop Development Area Agreements and the Potbelly 50/50 Large Area Developer Incentive Program, which are intended to support multi-unit franchise growth. Press releases have highlighted new shop openings, additional franchise shop commitments and market-specific expansion plans, including agreements in regions such as St. Louis, Missouri.
Brand and menu-related news is another recurring theme. Potbelly has publicized menu innovation and partnerships, such as the launch of Hot Pepper Flavored Potato Chips in collaboration with Zapp’s, inspired by its signature Hot Peppers and offered exclusively at Potbelly shops. These announcements underscore the company’s focus on its core menu of warm, toasty sandwiches, signature salads and hand-dipped shakes, as well as extensions that build on existing fan favorites.
In 2025, Potbelly’s news flow also included transaction-related announcements tied to its acquisition by RaceTrac, Inc. The company disclosed the signing of an Agreement and Plan of Merger, the terms of a tender offer for its shares and, later, the completion of the merger that resulted in Potbelly becoming a wholly owned subsidiary of RaceTrac. For readers tracking the PBPB symbol, this news page provides a historical record of Potbelly’s public communications, from operational updates to corporate transactions.
Potbelly (NASDAQ: PBPB) has announced significant expansion plans in Texas through two new Shop Development Agreements (SDAs). The agreements will add 11 new locations across Houston and Austin areas. Dana and Richard Biddy will develop five shops in the Pearland-Galveston region, while Jignesh and Nitin Patel will establish six locations in Austin.
The Patel partners bring extensive experience operating major franchise brands including Dunkin' Donuts, Baskin Robbins, Subway, and Golden Corral. The expansion aligns with Potbelly's strategic growth initiative to partner with multi-unit operators through franchising. The company continues seeking operators for remaining territories in Texas including Houston, Dallas, Austin, and Waco.
Potbelly (NASDAQ: PBPB) has signed a Shop Development Agreement with Premier Eats to open eight new Potbelly shops in Virginia Beach, Norfolk, and South Hampton Roads area. This expansion marks a significant move into untapped Virginia markets.
The agreement with Premier Eats , a multi-unit foodservice operator, demonstrates Potbelly's commitment to growth through franchise partnerships. The new locations will offer Potbelly's signature menu of toasted sandwiches, sides, and desserts, while creating local job opportunities.
The company continues to seek franchise partners in available Virginia territories as part of its expansion strategy. Opening dates and specific location details for the eight new shops will be announced in the future.
Potbelly Sandwich Works has announced a new franchise expansion in Lake Charles, Louisiana through a Shop Development Agreement (SDA) with franchisees Tim Rozell and Adam Jackson. This agreement complements their existing commitment to open three locations in Beaumont/Port Arthur, TX.
The Lake Charles expansion is part of Potbelly's strategic growth initiative to expand its presence in key markets through franchise partnerships. The new location will generate local employment opportunities and offer the brand's signature toasted sandwiches and fresh ingredients to Lake Charles residents.
The company continues to seek partnerships with multi-unit operators for remaining untapped territories in Louisiana. Specific details about the new shop's location and opening timeline will be announced in the future.
Potbelly (NASDAQ: PBPB) has announced a new Shop Development Agreement (SDA) to expand its presence in Illinois. Franchisees Anand and Nimisha Patel will open three new locations across the Kane and Kendall markets.
The Patels, who currently own Dunkin' Donuts and Baskin Robbins franchises, bring significant food and beverage industry experience to this venture. This expansion aligns with Potbelly's strategic growth plan to extend its footprint through franchising in key areas nationwide.
The new shops will create local job opportunities in the Kane and Kendall areas, with specific locations and opening dates to be announced in the coming months. The company continues to seek partnerships with multi-unit operators for expansion in remaining untapped territories in Illinois and neighboring states.
Potbelly (NASDAQ: PBPB) has announced a significant expansion in North Carolina through a new Shop Development Agreement (SDA) with franchisees Dion and Keish Hilliard. The agreement includes the opening of six new locations across Winston-Salem, Greensboro, and Burlington markets.
This expansion adds to Potbelly's existing presence in North Carolina, where they currently operate shops in Cary, Durham, Morrisville, and Fort Liberty. The development represents a key step in the company's strategic plan to expand its footprint through franchising in the Carolinas and other key markets nationwide.
The new locations will create multiple job opportunities in the region, contributing to local economic growth. Specific site locations and opening dates will be announced later.
Potbelly (NASDAQ: PBPB) has announced its expansion into the Northern Delaware and Philadelphia market with two new franchise locations. The expansion will serve residents in Kent and New Castle Counties in Delaware, as well as South Philadelphia, offering the company's signature menu of toasted sandwiches, milkshakes, sides, and desserts.
The expansion represents a strategic move into the Metro Philadelphia area, with the new shops expected to create local jobs and provide community gathering spaces. The company is actively seeking additional franchise partners in Pennsylvania, with prime territories still available for development.
While specific location details and grand opening dates are yet to be announced, the company plans to celebrate the openings with special events and promotional offers.
Potbelly (NASDAQ: PBPB) has announced a significant expansion in Northern Virginia through an extended Shop Development Agreement (SDA). The agreement involves former CEO Bryant Keil and his son Hampden Keil, who will develop eight new locations in the region.
This expansion is part of Potbelly's strategic growth plan to increase its presence through franchising in Virginia and other key markets nationwide. The company is actively seeking partnerships with multi-unit operators to expand into remaining untapped territories in Virginia and Maryland.
The initiative leverages Bryant Keil's extensive experience as former CEO, combining it with his son Hampden's expertise to deliver Potbelly's signature offerings including toasted sandwiches, hand-dipped shakes, and soups. The new locations are expected to create multiple job opportunities in the local communities.
Potbelly (NASDAQ: PBPB) has announced a new Shop Development Agreement (SDA) to expand its presence in Jackson, Mississippi. The agreement with franchisee Michael Wimberly will bring four new Potbelly locations to the Jackson market.
This expansion is part of Potbelly's strategic growth plan to extend its footprint through franchising across the United States. The company is actively seeking additional multi-unit operators for remaining territories in Mississippi and surrounding states.
The franchise agreement leverages Wimberly's business background to deliver Potbelly's signature sandwich shop experience to the Jackson community. Todd Owen, Sales Director at Potbelly Sandwich Works, expressed enthusiasm about the partnership, highlighting Wimberly's proven business success and community commitment.
Potbelly (NASDAQ: PBPB) has signed a new Shop Development Agreement to expand its presence in Phoenix, Arizona. The agreement involves franchisee Adam Warda, who will open five new Potbelly locations in the Phoenix area.
The expansion aligns with Potbelly's strategic growth plan to increase its footprint through franchising in Arizona and other key markets nationwide. Warda brings experience in business development, real estate, and is a Certified Public Accountant.
The new locations will feature Potbelly's signature warm atmosphere and fresh menu offerings, while creating new job opportunities in the Phoenix area. Specific location details and grand opening dates will be announced in the future.
Potbelly (NASDAQ: PBPB) has announced a significant expansion in the Pacific Northwest through a new Shop Development Agreement (SDA) that will bring 14 new locations to Portland, Oregon. This expansion is part of Potbelly's strategic growth plan to strengthen its presence in key markets through franchising nationwide.
The agreement also includes commitments for further development in Seattle, Washington, and Salt Lake City, Utah, contributing to the brand's expansion across the western United States. Potbelly, known for its toasted sandwiches, hand-dipped shakes, and soups, is actively seeking multi-unit operators to join its franchise network, with opportunities available in select territories across Oregon, Washington, and Utah.
FAQ
What is the current stock price of Potbelly Corpora (PBPB)?
What is the market cap of Potbelly Corpora (PBPB)?
