Potbelly Corporation

Potbelly Corporation

PBPB
Potbelly CorporationUS flagNASDAQ Global Select
17.12
USD
+0.01
- -
517.98MMarket Cap
2012 Y
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
TTM
Revenue per Share
12.22
29.58
11.19
13.32
15.89
17.09
16.79
17.18
12.19
13.75
15.79
16.83
15.5
15.64
Basic EPS, GAAP
1.07
-4.8
0.15
0.2
0.32
-0.28
-0.35
-1.01
-2.74
-0.86
0.15
0.18
1.35
0.36
Free Cash Flow per Basic Share
-0.04
0.18
-0.09
0.16
0.36
0.28
0.38
0.16
-0.94
-0.5
0.14
0.08
0.01
0.56
Dividend per Share
- -
4.92
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
-7.58
-22.79
-7.76
-7.89
-8.3
-8.77
-9.11
-10.64
-13.35
-12.41
-11.83
-11.42
-9.82
-9.69
Tangible Book Value per Share
-7.72
14.65
5.19
4.48
4.63
4.46
3.57
2.66
-0.01
-0.29
-0.05
0.3
1.76
1.86
Basic Weighted Avg Shares
22
10
29
28
26
25
25
24
24
28
29
29
30
30
Sales/Revenue/Turnover
275
300
327
373
407
428
423
410
291
380
452
491
463
469
Operating Margin (%)
4.22
1.35
3.68
4.07
4.65
2.4
1.29
-0.76
-19.53
-4.57
0.21
2.3
2.78
2.62
Depreciation Expense
16
18
20
21
23
26
23
22
20
16
12
12
13
14
Net Income, GAAP
24
1
4
6
8
-7
-9
-24
-65
-24
4
5
40
11
Effective Tax Rate (%)
- -
- -
38.75
37.64
34.5
- -
- -
- -
- -
- -
6.49
14.01
- -
18.85
Profit Margin (%)
8.75
0.42
1.33
1.51
2.02
-1.62
-2.1
-5.86
-22.45
-6.26
0.96
1.04
8.71
2.3
Working Capital
15
63
59
25
11
18
10
-22
-42
-42
-38
-18
-32
-36
LT Debt
15
1
- -
- -
- -
- -
- -
207
205
184
170
161
132
122
Total Equity
82
153
156
130
124
117
96
69
5
-2
4
14
58
61
Return on Invested Capital (%)
- -
- -
4.67
6.48
9.55
- -
- -
- -
- -
- -
0.43
4.79
- -
- -
Return on Capital (%)
- -
- -
-1.97
-2.54
-3.74
- -
- -
- -
- -
- -
-3.88
-5.18
- -
-34.41
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
23
22
26
LT Borrowings
4
4
- -
LT Finance Leases
128
126
122
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
30
30
30
Market Capitalization
281
285
367

Working Capital

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
33
36
37
Cash, Cash Equivalents & STI
12
15
16
Accounts Receivable, Net
10
11
10
Inventories
4
4
4
Total Current Liabilities
65
68
73
Payables & Accruals
36
46
47
ST Debt
23
22
26
Deferred Revenue
6
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-4.49%
5.63%
311.18%
Free Cash Flow
-120.45%
-196.8%
-84.44%
Net Income, GAAP
78.38%
139.12%
687.15%
Sales/Revenue/Turnover
4.74%
4.67%
-5.86%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
118
127
121
126
491
2024
111
120
115
117
463
2025
114
124
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
-0.05
0.08
0.05
0.09
0.18
2024
-0.09
1.16
0.12
0.15
1.35
2025
- -
0.08
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Robert D. Wright
Full Time Employees
5,000
Sector
Consumer Cyclical
Industry
Restaurants
Address
111 North Canal Street Chicago IL United States of America 60606
IPO Date
Oct 4, 2013
Business
Potbelly Corporation (PBPB) operates as a fast-casual restaurant chain specializing in submarine sandwiches, salads, soups, milkshakes, smoothies, potato chips, cookies, and catering services; its menu features signature hot and cold sandwiches such as A Wreck, customizable salads like Uptown Salad, daily rotating soups including Chicken Pot Pie Soup, hand-dipped shakes, real fruit smoothies, freshly baked cookies and brownies, breakfast sandwiches, and combos with sides. The company owns, operates, and franchises Potbelly Sandwich Shops primarily in the United States, with historic international locations in the United Arab Emirates, United Kingdom, Canada, and India; it targets lunch and dinner customers including office workers, students, health-conscious diners, and groups seeking convenient, neighborhood-style meals. Founded in 1977 in Chicago, Illinois, as an antique store that evolved into a sandwich shop, Potbelly is headquartered at 111 N Canal St Ste 325, Chicago, Illinois, and went public in 2013. In recent major developments, Potbelly accelerated its franchise-led growth strategy by signing commitments for 32 new shops across six states including Illinois, Missouri, North Carolina, and Virginia since July 2024, with an expanded partnership involving founder Bryant Keil. In September 2025, the company agreed to a $566 million all-cash acquisition by convenience store operator RaceTrac at $17.12 per share, a transaction that completed in October 2025, ending its status as a standalone public entity and supporting expansion goals from around 445 to potentially 2,000 locations.

Company News

APIChat
  • Wendy's taps former Potbelly CEO to lead struggling burger chain

  • RaceTrac Completes Acquisition of Potbelly Corporation

  • Potbelly Corporation (PBPB) Soars to 52-Week High, Time to Cash Out?

  • POTBELLY INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Potbelly Corporation - PBPB

  • $HAREHOLDER ALERT: The M&A Class Action Firm Announces An Investigation of Potbelly Corporation (NASDAQ: PBPB)

  • POTBELLY INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Potbelly Corporation - PBPB

  • Potbelly Corporation (PBPB) Hits Fresh High: Is There Still Room to Run?

  • Potbelly acquired by convenience store chain RaceTrac for $566 million

  • Convenience store operator RaceTrac to buy sandwich chain Potbelly for $566 million

  • PBPB Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Potbelly Corporation Is Fair to Shareholders

  • Potbelly acquired by convenience-store operator RaceTrac for $566 million

  • Shareholder Alert: The Ademi Firm Investigates Whether Potbelly Corporation Is Obtaining a Fair Price for Its Public Shareholders

  • Potbelly Sandwich Chain to Sell Itself to Convenience-Store Operator RaceTrac

  • Wall Street Analysts Predict a 33.1% Upside in Potbelly (PBPB): Here's What You Should Know

  • Is Potbelly (PBPB) Outperforming Other Retail-Wholesale Stocks This Year?

  • Potbelly (PBPB) Is Attractively Priced Despite Fast-paced Momentum

  • How Much Upside is Left in Potbelly (PBPB)? Wall Street Analysts Think 34.86%

  • Has Potbelly (PBPB) Outpaced Other Retail-Wholesale Stocks This Year?

  • Potbelly: Eating Its Competitors' Lunch

  • Potbelly Corporation (PBPB) Hit a 52 Week High, Can the Run Continue?