Potbelly Corp is a fast-casual restaurant chain that specializes in serving a diverse menu of sandwiches, salads, and sides, with a particular emphasis on its signature toasty sandwiches. The company aims to create a welcoming atmosphere for customers, often incorporating a unique and eclectic interior decor that provides a cozy dining experience. In addition to in-store dining, Potbelly also offers catering services and delivery options, appealing to both individual customers and groups looking for delicious meal solutions. With a focus on high-quality ingredients and a commitment to freshness, Potbelly has carved out a niche in the competitive fast-casual dining sector. Read More
Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Potbelly Corporation (NasdaqGS: PBPB) to RaceTrac, Inc. Under the terms of the proposed transaction, shareholders of Potbelly will receive $17.12 in cash for each share of Potbelly that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
Shares of casual sandwich chain Potbelly (NASDAQ:PBPB)
jumped 31.7% in the morning session after the company announced it has agreed to be acquired by convenience store retailer RaceTrac in an all-cash deal valued at approximately $566 million. RaceTrac will acquire all outstanding shares of the sandwich shop chain for $17.12 per share. This price represents a significant premium for shareholders, coming in about 32% higher than Potbelly's closing price on the previous day and 47% above its 90-day average trading price. The company's board of directors has unanimously recommended that stockholders accept the tender offer. Potbelly's CEO, Bob Wright, noted that RaceTrac's resources would help unlock new opportunities and accelerate growth toward its goal of 2,000 shops. The acquisition is expected to be finalized in the fourth quarter of 2025.
Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Potbelly Corporation (NASDAQ: PBPB) to RaceTrac, Inc. for $17.12 per share in cash is fair to Potbelly shareholders.
NEW YORK, Sept. 10, 2025 (GLOBE NEWSWIRE) -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:
BALA CYNWYD, Pa., Sept. 10, 2025 (GLOBE NEWSWIRE) -- Brodsky & Smith reminds investors of the following investigations. If you own shares and wish to discuss the investigation, contact Jason Brodsky (jbrodsky@brodskysmith.com) or Marc Ackerman (mackerman@brodskysmith.com) at 855-576-4847. There is no cost or financial obligation to you.
The Ademi Firm is investigating Potbelly (NASDAQ: PBPB) for possible breaches of fiduciary duty and other violations of law in its transaction with a RaceTrac.
Volatility cuts both ways - while it creates opportunities, it also increases risk, making sharp declines just as likely as big gains.
This unpredictability can shake out even the most experienced investors.
Shares of casual sandwich chain Potbelly (NASDAQ:PBPB)
jumped 3.2% in the afternoon session after the broader market rallied as Federal Reserve Chairman Jerome Powell signaled a potential interest rate cut in the near future. Speaking to economists, Powell indicated that a marked slowdown in job growth suggests a downward adjustment in the Fed's benchmark rate may be warranted. The prospect of lower interest rates, which can reduce borrowing costs for companies and stimulate the economy, sparked a broad market rally on Friday. This positive sentiment lifted stocks across various sectors, including Potbelly, as investors reacted favorably to the potential for a more accommodative monetary policy.
Casual sandwich chain Potbelly (NASDAQ:PBPB) reported Q2 CY2025 results exceeding the market’s revenue expectations, with sales up 3.4% year on year to $123.7 million. Its non-GAAP profit of $0.09 per share was in line with analysts’ consensus estimates.
Casual sandwich chain Potbelly (NASDAQ:PBPB) reported Q2 CY2025 results topping the market’s revenue expectations, with sales up 3.4% year on year to $123.7 million. Its non-GAAP profit of $0.09 per share was in line with analysts’ consensus estimates.
A number of stocks fell in the afternoon session after a surprisingly weak U.S. jobs report and renewed fears over international trade policy fueled concerns about a slowdown in consumer spending.
Great things are happening to the stocks in this article.
They’re all outperforming the market over the last month because of positive catalysts such as a new product line, constructive news flow, or even a loyal Reddit fanbase.
Volatility cuts both ways - while it creates opportunities, it also increases risk, making sharp declines just as likely as big gains.
This unpredictability can shake out even the most experienced investors.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Shake Shack (NYSE:SHAK) and the best and worst performers in the modern fast food industry.
Potbelly Sandwich Works (NASDAQ: PBPB), the iconic neighborhood sandwich shop, is heating up taste buds this summer with its new signature Hot Pepper Flavored Potato Chips in partnership with Zapp’s® (NYSE: UTZ), the daringly different brand of chips and pretzels with bold flavors rooted in the sights and sounds of The Big Easy. The new chips bring the flavor of Potbelly’s craveable signature Hot Peppers in a spicy, snackable, portable form, now available exclusively at Potbelly shops nationwide.
Looking back on modern fast food stocks’ Q1 earnings, we examine this quarter’s best and worst performers, including Noodles (NASDAQ:NDLS) and its peers.
