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A Closer Look At Three Hot Restaurant IPOs
Wednesday, July 23, 2014 - 11:30am | 1246It has been an outstanding year thus far for companies looking to raise money and go public. In fact, while 2013 was a record year for new offerings, 2014 may be even better. One of the more active sectors for IPOs in 2014 has been the restaurant industry, in particular the quick-casual segment...
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UPDATE: Bank of America Lowers PT on Potbelly Due To Weather
Wednesday, February 19, 2014 - 9:18am | 101In a report published Wednesday, Bank of America analyst Joseph Buckley lowered the price objective and maintained neutral on Potbelly (NASDAQ: PBPB). In spite of good 4Q13 results, guidance was lower than expected. Thus, Bank of America expected lower EPS for FY14 and FY15. In the report, Bank...
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Potbelly Drops After Q4 Earnings
Tuesday, February 18, 2014 - 5:36pm | 255Potbelly Corporation (NASDAQ: PBPB) is down more than four percent in after hours trading after the company reported its fourth quarter results. The fast food sandwich chain reported a Q4 EPS of $0.06 versus the Street estimate of $0.04. Revenue arrived at $74.8 million, which was a couple...
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Potbelly Up Triple Digits On Its First Day of Trading (PBPB)
Friday, October 4, 2013 - 12:21pm | 443Friday is the day of Potbelly (NASDAQ: PBPB)! Potbelly became the newest publicly traded company Friday and if the day’s gains hold, it will be the best performing first day for an IPO this year. In its original filing, Potbelly set its expected range at $9 to $11 but on Wednesday, it raised it...